House to vote on bill to rein in AI data center utility costs
The bipartisan legislation would create a regulatory framework states could adopt to prevent data center-related energy costs from being passed on to consumers.
CNBC
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Inside South Koreaβs university programs offering a direct route to Samsung and SK Hynix
Companies are helping universities develop courses, provide financial support and create pathways through which qualifying students can join them.Β Β
Nvidia CEO Huang attending Trump's state dinner for China's Xi: Source
Jensen Huang appeared to side with Trump as the president pushed back on tech CEOs' warnings about the risks of rapid AI advancement.
OpenAI CFO Sarah Friar emphasizes 'need to take safety seriously' on AI risks
OpenAI CFO Sarah Friar told CNBC's Jim Cramer that she is not worried about the possibility of AI agents using weapons of mass destruction to kill, but said, "We do need to take safety seriously."
Americans' incomes rose and poverty fell in 2025, Census Bureau says
Americans' inflation-adjusted incomes rose and poverty declined in 2025, according to new Census Bureau data released Tuesday, as the Federal Reserve meets to decide whether inflation still requires higher interest rates.Β
Two camps have emerged in the debate over AI safety and regulation
Two opposing camps are emerging in the AI regulation debate, with Trump and Huang on one side and Amodei. Altman and Musk on the other.
Nvidia and Anthropic CEOs diverge on AI safety at Dreamforce: Huang says fast vs. pacing is 'false choice'
Comments from the two tech leaders landed days after Anthropic's Dario Amodei published an essay urging the AI industry to slow the pace of model development.
Wells Fargo sees improvement in a key metric β plus, Lilly gets praise beyond GLP-1s
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Iran war has cost on average $246 million per day in its first five months, CBO finds
The U.S. war with Iran cost the Pentagon an estimated $38.1 billion through Aug. 1 and could cost another $2 billion to $3 billion for each additional month of fighting, according to a report released Tuesday by the nonpartisan Congressional Budget Office.
Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.
AWS says it can't restore service to Bahrain, UAE facilities 6 months after Iran strikes
In March, two Amazon data centers in the UAE were struck by drones, while a site was also damaged by a nearby drone hit.
OpenAI, Google, Anthropic discussing collaboration on AI safety issues
Discussions have been ongoing since Google's Demis Hassabis released a proposal in July calling for a U.S.-led "Standards Body," the spokesperson said.
Trump Account contributions have a Dec. 31 deadline β and employers can complicate the math
Employers can offer Trump Account employee benefits via direct contributions or by allowing workers to make pre-tax contributions to a child's account.
AI skeptics convene in Washington to urge action, as Congress, Trump idle
Lawmakers and AI regulation advocates met Tuesday in Washington at a Future of Life Institute event to urge regulatory action to rein in the expanding technology.
Ford increases V-8 engine availability, lowers performance prices for 2027 F-150 trucks
Ford said the changes are meant to provide customers with more choice and help expand sales of key models, a strategy CEO Jim Farley has touted.
Beaten-up bond market may be nearing 'escape velocity.' Here's what that means
Rising yields across the bond market have spooked investors, but the surge from zero interest rates since Covid suggests fixed-income risk-reward has improved.
Cramer says these 2 stocks are still buys, warns against playing Fed rate 'parlor game'
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Saudi pipeline closure is a brief interruption that will last days, U.S. Energy Secretary tells CNBC
Saudi Arabia's critical East-West crude oil pipeline will start operating again "very soon" after Iran-backed attacks forced its closure, U.S. Energy Secretary Chris Wright told CNBC in an interview Tuesday.