Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee
In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed’s 2% target.
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Google DeepMind chief Demis Hassabis calls for U.S. to spearhead AI standards body
Tech giant’s AI boss said “urgent action” was needed as AI capabilities advanced.
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Sen. Tim Scott wants to hear from Warsh on data centers and artificial intelligence
Sen. Tim Scott, R-S.C., will host Kevin Warsh before the Senate Banking Committee on Wednesday for his first time testifying as Fed chairman.
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Inflation had its biggest monthly decline in six years. What Wall Street is saying now
June’s inflation report was not what many on the Street expected, in a good way.
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United Airlines’ new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
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Frontier Airlines to debut in-flight Wi-Fi in 2027 with SpaceX’s Starlink
Frontier is signing with Starlink for in-flight Wi-Fi, with service debuting as early as next year.
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SpaceX alumni building remote-controlled construction equipment land $115 million fund round
TerraFirma on Tuesday said it raised $115 to support new hires and the building of a new factory and mission control center.
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Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
The consumer price index in June was expected to increase 3.8% from a year ago.
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Bank earnings, Warsh heads to the Hill, Chipotle’s Mexico push and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
Warsh pledged Tuesday to “get monetary policy right” and defeat the inflation that has bedeviled the central bank for the past five years.
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