Economy

Elon Musk (L) and Donald Trump (R). David Swanson | Vincent Alban | Reuters Elon Musk’s much-hyped interview of former President Donald Trump on the social media platform X was nearly derailed early on by technical glitches in the first minutes of the scheduled start time on Monday evening. Users trying to log on to […]

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it […]

In the 1980s, Japan was the dominant player in the semiconductor market. But huge shifts in the way the chip supply chain operated eroded that leading-edge. Countries like Taiwan with TSMC the world’s largest and most advanced semiconductor manufacturer, began to dominate in the production of chips. The U.S. is key in areas like design. […]

CNBC’s Jim Cramer on Monday said a variety of companies, to their detriment, won’t admit they’re hurting due to certain ongoing economic trends. “If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?” he asked. “If they’d just […]

SpaceX’s Starship launches its fourth flight test from the company’s Boca Chica launchpad, designed to eventually send astronauts to the moon and beyond, near Brownsville, Texas, U.S. , in this handout picture obtained on June 6, 2024. Spacex | Via Reuters Elon Musk’s SpaceX violated environmental regulations by repeatedly releasing pollutants into or near bodies […]

China’s Premier Li Qiang waves as he walks back with German Chancellor Olaf Scholz.John Macdougall | Afp | Getty ImagesEurope is charting a new way forward for its relations with China, but officials in the region say they are wary about the risk of retaliation if they get it wrong.There has been growing momentum behind… […]

CNBC’s Jim Cramer gave investors his game plan for the week ahead, with big names such as Nike and Walgreens set to report.”It’s an important week, not to be minimized, as we make our way to July for an employment report, a Fed meeting and a parade of earnings, all care of an upcoming calendar change,”… […]

China’s President Xi Jinping (R) met with U.S. Secretary of State Antony Blinken. The U.S. has looked to cut China off from key technologies like advanced semiconductors over the past few years. The two sides likely discussed tech tensions but analysts said not much is likely to change even as the two sides look to… […]

Russell Westbrook, who played for the Washington Wizards in the 2020-21 NBA season, reacts prior to playing against the Denver Nuggets at Capital One Arena in Washington, D.C., February 17, 2021.Will Newton | Getty ImagesQatar’s sovereign wealth fund has offered to buy a minority stake in Monumental Sports & Entertainment, the parent company of the… […]

Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a playground spat, with the two men offering to fight each other in a cage.Mandel Ngan | AFP | Getty ImagesTwitter owner and Tesla CEO Elon Musk suggested Las Vegas for the location of a “cage match” after reportedly… […]