business news
Former Trump official John Bolton pleads not guilty to criminal charges
Former White House national security adviser John Bolton arrives at U.S. District Court for the District of Maryland, to surrender and face an initial appearance on charges of mishandled classified information, in Greenbelt, Maryland, U.S., October 17, 2025. Leah Millis | Reuters John Bolton, President Donald Trump’s former national security advisor, pleaded not guilty Friday […]
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Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source
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Utilities grapple with a multibillion question: How much AI data center power demand is real
Electricity companies across the U.S. are struggling to figure out how much demand will actually materialize from the artificial intelligence boom, as the stock market speculates that vast sums of money will be spent on infrastructure to support a big data center buildout. “There is a question about whether or not all of the projections, […]
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Democrats’ distrust of Trump keeps them from forming ‘gang’ to negotiate government shutdown
WASHINGTON, DC – OCTOBER 16: U.S. Senate Minority Leader Sen. Chuck Schumer (D-NY) (R) and House Minority Leader Rep. Hakeem Jeffries (D-NY) (L) brief members of the press during a news conference on the government shutdown at the U.S. Capitol on October 16, 2025 in Washington, DC. Alex Wong | Getty Images Capitol Hill remains […]
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OpenAI stops Sora videos of Martin Luther King Jr. after users made ‘disrespectful’ deepfakes
Dr. Martin Luther King Jr. addressing crowd of demonstrators outside the Lincoln Memorial during the March on Washington for Jobs and Freedom. Francis Miller/The LIFE Picture Collection via Getty Images OpenAI halted artificial intelligence-generated videos of Martin Luther King Jr. after users utilized its short-form video tool Sora to create “disrespectful depictions” of the civil […]
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Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S.
Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB20 leads Carlos Sainz of Spain driving (55) the Ferrari SF-24 and Lando Norris of Great Britain driving the (4) McLaren MCL38 Mercedes into turn 1 at the start during the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez Peter Fox – […]
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Small businesses are being crushed by Trump’s tariffs and economists say it’s a warning for the economy
President Donald Trump listens during a Cabinet meeting at the White House on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images Viresh Varma can’t sleep. The CEO of AV Universal Corp., a small footwear company that sells through retailers like Macy’s, Nordstrom and DSW, said he needed to take out a $250,000 […]
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Trump Treasury Sec. Bessent to speak with Chinese trade counterpart on Friday
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to […]
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Meta announces new AI parental controls following FTC inquiry
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta on Friday announced new safety features that will allow parents to see and manage how their teenagers are interacting with artificial intelligence […]
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Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Key Points Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to Marc Pinto, Moody’s head of global private credit. “One cockroach does not a trend make,” Pinto said. Market sentiment appeared to improve Friday after a sell-off Thursday. Source
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