Economy

Blocks forming robot on white background. Yuichiro Chino | Moment | Getty Images Payments giant Visa is using artificial intelligence and machine learning to counter fraud, James Mirfin, global head of risk and identity solutions at Visa, told CNBC. The company prevented $40 billion in fraudulent activity from October 2022 to September 2023, nearly double […]

In a Thursday interview with CNBC’s Jim CramerU.S. Secretary of Commerce Gina Raimondo stressed the importance of domestic chip production and said the country is on track to meet its end-of-decade goal. “My boss, President Biden, has been crystal clear on this topic, and I think there’s no place to be reckless here or play […]

It’s a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one of the nine spot ether ETF applicants which got approval Tuesday from the Securities and Exchange commission. The firm is behind the Franklin Ethereum ETF (EZET) — now down about 10% since its inception as […]

U.S. Vice President Kamala Harris delivers the keynote speech at the American Federation of Teachers’ 88th national convention in Houston, Texas, U.S. July 25, 2024. Kaylee Greenlee Beal | Reuters Vice President Kamala Harris debuted an official TikTok account on Thursday, underscoring the social broadcasting app’s importance to the 2024 presidential campaign as a way […]

London’s Heathrow Airport closed Friday after a fire at a nearby electrical substation caused a power outage, disrupting travel for tens of thousands of passengers planning to fly in or out of Europe’s busiest airport. The first flight since the closure departed late Friday local time, and Heathrow posted on X that it hopes to […]

CNBC’s Jim Cramer on Friday listed next week’s top market-moving events, including earnings reports from GameStop , McCormick and Dollar Tree . He underscored that angst on Wall Street will continue as tariff policy remains uncertain. “There’s a lot going on next week, but until we get some resolution on the trade front, you need […]

A sign for the U.S. Social Security Administration is seen outside its headquarters in Woodlawn, Md., on Thursday, March 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images The Social Security Administration’s acting commissioner reversed his stance late Friday after telling multiple news outlets that a new court ruling may require him to […]

U.S. President Donald Trump speaks as Crypto czar David Sacks, U.S. Treasury Secretary Scott Bessent, U.S. Commerce Secretary Howard Lutnick, and Executive Director of the Presidential Council of Advisers for Digital Assets Bo Hines attend the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters […]

Microsoft CEO Satya Nadella speaks at the Microsoft Build AI Day event in Bangkok, Thailand, on May 1, 2024. Chalainee Thirasupa | Reuters With about 10 minutes left until the market’s close, Microsoft’s stock was down for the week. It would’ve been the first eight-week losing streak since 2008. But the shares popped just before […]

Loungers, which are supposed to be used when babies are awake and supervised, can put infants at risk of suffocation or asphyxiation in a matter of minutes, researchers have found.Leila Register | NBC NewsA recalled baby pillow that’s now been linked to at least 10 infant deaths is still being widely sold on Facebook Marketplace,… […]