Economy

VCG | Visual China Group | Getty Images Google has been trying to play catch-up to OpenAI in generative artificial intelligence. It appears to finally be gaining ground with users. The company’s Gemini app took the top spot among free apps on Apple’s App Store this week, leapfrogging ChatGPT, which kickstarted the generative AI boom […]

Gary Bettman, NHL commissioner, speaking on CNBC’s “Squawk Box” on Nov. 20, 2024. CNBC The 2026 Winter Olympics in Milan will mark the first time in 12 years that NHL players will return to the Games, something NHL Commissioner Gary Bettman is expecting to have a big effect on the league. “Ultimately, in terms of […]

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty images LONDON — Microsoft said on Tuesday that it plans to invest $30 billion in the U.K. by 2028, as the company builds out its artificial intelligence infrastructure. The investment includes an […]

U.S. policymakers should take note as biopharmaceutical companies pull back on investments in the U.K., Eli Lilly Chief Executive Officer Dave Ricks said in an interview with CNBC. Lilly recently paused plans to create a biotech incubator called Gateway Labs in the U.K., joining other biopharma companies that have put investments in the country on […]

They say love doesn’t cost a thing.But that certainly isn’t true of weddings.In 2022, couples in the United States spent, on average, nearly $30,000 to get married, according to a report from the wedding website The Knot.But it wasn’t always this way. In the 1950s, the “Complete Guide to Wedding Etiquette” advised couples to earmark… […]

Artificial intelligence can be weaponized and needs to be reined in by humans, Microsoft’s president and vice-chairman Brad Smith told CNBC in an exclusive interview.”I think every technology ever invented [has] the potential to become both a tool and a weapon,” said Smith in the interview aired on Monday.”We have to ensure that AI remains… […]

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet has joined the $3 trillion club. Shares of the search giant jumped more than 4% on Monday, pushing the company into territory occupied only by […]

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla shares jumped after CEO Elon Musk disclosed Monday his first purchase of the stock in the open market since February 2020. Musk bought 2.57 million […]

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla’s shares have finally turned positive for the year. After a dismal first quarterwhich was the worst for the stock in any period since 2022, and a brutal start to April, following President Donald […]

Published Mon, Sep 15 2025 4:02 PM EDT […]