Tag: business news
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Demand for riskier mortgages rises along with interest rates
Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.
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Berkshire CEO Abel says Alphabet a ‘significant player’ in AI after growing stake in Q2
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuGreg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBC
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Chevron will expand Venezuela operations, more than doubling production through $7 billion investment
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuThe logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018.Marco Bello | Reuters Chevron announced
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Meta settlement could clear the way for new AI product launches, Morgan Stanley says
“There are certainly signals, in our view, that Meta’s product pipeline could start flowing following this legal clearing event,” analysts said.
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Oil major BP completes search for chair after boardroom upheaval
BP on Wednesday formally appointed Ian Tyler as chair after a surprise dismissal of former chairman Albert Manifold sparked boardroom turmoil.
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Japanese green tea giant Ito En surges 8%, defying a broad market sell-off
Ito En shares surged, bucking a broader sell-off in Japanese stocks following its fiscal first-quarter results.
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Australia posts second-quarter growth of 2.1%, beating expectations
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuSYDNEY, AUSTRALIA – MAY 30: The Sydney Harbour Bridge and skyline is illuminated during Vivid Sydney 2024 on May 30, 2024
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Isabel O’Brien
Isabel O’Brien is a Tarbell fellow covering technology for CNBC.com in San Francisco.
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House to vote on measure condemning socialism ahead of November election
Republicans also inserted a call to pass the highly controversial voter-ID bill known as the SAVE America Act into the socialism resolution.
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OpenAI says Astra AI model is its first that crosses ‘Critical’ cybersecurity capability
OpenAI said it will make Astra available “soon,” but access to its cybersecurity capabilities will be limited.
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