Economy

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global semiconductor stocks saw volatile trading Tuesday after a slump in shares of Nvidia during the previous session. Shares of chip firms in Europe and Asia fell in early trade as investors reacted to […]

Sridhar RamaswamyKrisztian Bocsi | Bloomberg | Getty ImagesNeeva, the privacy-focused search company co-founded by former Google executive Sridhar Ramaswamy, announced Saturday that it is shutting down its consumer search engine and will focus on exploring use cases for artificial intelligence.In a blog post on the company’s website, Ramaswamy and Vivek Raghunathan, another Neeva co-founder, wrote… […]

U.S. House Speaker Kevin McCarthy (R-CA) speaks to reporters with U.S. Senate Republican Minority Leader Mitch McConnell (R-KY) at his side following debt limit talks at the White House in Washington, U.S., May 9, 2023. Kevin Lamarque | ReutersThe on-again, off-again deliberations on Capitol Hill surrounding the debt ceiling are back off-again, as House Speaker Kevin… […]

Vadym Boychenko, mayor of Mariupol, at his office in the city hall of Mariupol, Ukraine, on Wednesday, Jan. 12, 2022.Christopher Occhicone | Bloomberg | Getty ImagesWASHINGTON — The exiled Ukrainian mayor of Mariupol has vowed to rebuild his decimated former city as he marked one year since it fell to Russian occupying forces.The seaside city, whose steel… […]

The investor behind a top 10 global ETF sees a bearish trend in the Big Tech rally.Anna Paglia, who oversees the tech-heavy Invesco QQQ Trust, sees signs investors are starting to take a defensive approach to the group.”If you look at the flows that are flattish year to date, that indicates there’s really not a… […]

As psychologists, we’ve studied more than 40,000 couples about to begin couples therapy.We’ve also been happily married to each other for 35 years, so we know a thing or two about how to build a successful, long-lasting relationship. But that doesn’t mean we don’t make mistakes. We argue, we get frustrated, we snap at each other. We’re… […]

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent on Monday, sliding below $60,000 for the first time since May 3. The price of the flagship cryptocurrency was last down 7% at $59,562.54, according to Coin Metrics. Earlier, it fell as low as $59,021.42, about 19% […]

The Truth social network logo is seen in this photo illustration on 04 December, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images Shares of Trump Media soared more than 21% on Monday, as the firm majority-owned by former President Donald Trump sought to bounce back from a weekslong plunge that cut the […]

Ferrari’s all-electric model won’t be launched for over a year, but early tests indicate it has all the driving traits and emotion of a true Ferrari, according to Ferrari CEO Benedetto Vigna. “The final judge will be the client,” Vigna told CNBC during the opening of the company’s new E-Building in Maranello, Italy. “More people […]

Luis Alvarez | Digitalvision | Getty Images Nvidia CEO Jensen Huang said at the World Government Summit in Dubai earlier this year, “It is our job to create computing technology such that nobody has to program.” So far in the artificial intelligence hype cycle, software engineers are still operating at full force, with demand for […]