Economy

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue. Alphabet shares were down about 2% in after-hours trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings: $1.89 a share vs. $1.84 […]

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images OpenAI last week removed Aleksander Madry, one of OpenAI’s top safety executives, from his role and reassigned him to a job focused on AI reasoning, sources familiar with […]

Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C., on June 4, 2024. Shannon Finney | CNBC The Federal Trade Commission is launching an investigation into so-called surveillance pricing, seeking more information about how artificial intelligence is used to change pricing rapidly based on data […]

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in extended trading: Alphabet — The tech giant slipped 1% despite a beat on both top […]

President Donald Trump’s World Liberty Financial crypto project said on Monday that it raised $250 million in its second token sale, bringing the total amount of coins sold to $550 million. WLFI, a venture backed by the first family that describes itself as a sort of crypto banking platform, launched in Octoberweeks before Trump’s election […]

U.S. President Donald Trump speaks to the media during a guided tour of the John F. Kennedy Center for the Performing Arts before leading a board meeting on March 17, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Department of Justice on Monday asked a federal appeals court in Washington, D.C., to replace […]

For college hopefulsthere is a letter that is arguably more significant than an acceptance notification: the financial aid award. Nearly 75% of all undergraduates receive some type of financial aid, according to theNational Center for Education Statistics. For a majority of students and their families,financial aidis the most important factor in their decisions about choosing […]

Swedish fintech firm Clear will be the exclusive provider of buy now, pay later loans for Walmart taking a coveted partnership away from rival Affirm CNBC has learned. Clear, which just disclosed its intention to go public in the U.S., will provide loans to Walmart customers in stores and online through the retailer’s majority-owned fintech […]

Nearly 43 million Americans owe a total of $1.6 trillion in federal student loans as of the end of 2024, according to Department of Education data. A number of factors determine how much debt borrowers wind up with and how quickly they’re able to pay it off, including how expensive their schooling was and whether […]

U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2, 2023.Pool | Via ReutersWASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift the debt ceiling… […]