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Everything we know about Tesla's robotaxi launch in Austin

CEO Elon Musk has long touted a driverless robotaxi, and the pressure is on the billionaire to deliver on his promises.

Industry In a week

Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub

“Luxembourg is leading the way with its pro-business climate and thoughtful approach to regulation,” Coinbase Brian Armstrong tells CNBC.

Industry In a week

Meta, EssilorLuxottica unveil Oakley smart glasses

Meta and EssilorLuxottica debut the Oakley Meta HSTN, which are AI smart glasses pitched toward athletes with a starting price of $399.

Industry In a week

Fed Governor Waller says central bank could cut rates as early as July

Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking…

Industry In a week

Circle shares extend their rally after Senate passes landmark stablecoin bill

Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.

Industry In a week

Apollo to pump £4.5 billion into UK nuclear project in major private loan deal

The deal would be among the biggest private capital investments in a project of U.K. national interest.

Industry In a week

The Fed held interest rates steady, but some credit card APRs keep going up. Here's why

Although the Federal Reserve hasn’t moved its benchmark since December, the average card rate keeps edging higher.

Industry In a week

10-year Treasury yield ticks higher. Fed's Waller advocates for July cut

U.S. Treasury yields were little changed on Friday. In an interview with CNBC, Fed Governor Christopher Waller said he could support a Fed rate cut next month.

Industry In a week

Starlink rival Eutelsat pops 22% as France backs capital raise

French President Emmanuel Macron said strengthening Eutelsat’s position was “ensuring its strategic independence and paving the way for…

Industry In a week
Liquidity Floodgates Open As 3 Central Banks Unexpectedly Cut Rates In Under 24 Hourstest

Liquidity Floodgates Open As 3 Central Banks Unexpectedly Cut Rates In Under 24 Hourstest

Trump has repeatedly expressed his displeasure with the ECB cutting rates 8 times since the end

Industry In a week
Liquidity Floodgates Open As 3 Central Banks Unexpectedly Cut Rates In Under 24 Hours

Liquidity Floodgates Open As 3 Central Banks Unexpectedly Cut Rates In Under 24 Hours

Trump has repeatedly expressed his displeasure with the ECB cutting rates 8 times since the end of t

Industry In a week

Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEO

Meta plans to hire Safe Superintelligence CEO Daniel Gross and former GitHub Nat Friedman to beef up the company’s AI team, according to sources.

Industry In a week
How To Destroy A State: Swap Out The Wealthy For Illegal Immigrants

How To Destroy A State: Swap Out The Wealthy For Illegal Immigrants

Whether they‘re doing it on purpose or out of just plain ineptitude, Illinois’ political leaders hav

Industry In a week

Fox acquires sports broadcasting platform Caliente TV

Fox Corp. announced Thursday that it has acquired Caliente TV, a Mexican sports broadcasting platform.

Industry In a week

The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect

While any movement on interest rates seems improbable, the meeting will feature important signals that still could move markets.

Industry 06-18

Retail sales fell 0.9% in May, worse than expected, as consumers pulled back

Consumer spending pulled back sharply, weighed by declining gas sales and looming unease over where the economy is headed.

Industry 06-17

Retail sales fell 0.9% in May, worse than expected, as consumers pulled backtest

Consumer spending pulled back sharply, weighed by declining gas sales and looming unease over where the economy is headed.

Industry 06-17

Retail sales fell 0.9% in May, worse than expected as consumers pulled backtest

Consumers spending pulled back sharply, weighed by declining gas sales and a looming unease over where the economy is headed.

Industry 06-17
US Industrial Production Drops In May As Capacity Utilization Sinkstest

US Industrial Production Drops In May As Capacity Utilization Sinkstest

US Industrial Production fell 0.2% MoM in May - the second decline in the last three months. That pr

Industry 06-17

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

The University of Michigan's closely watched Surveys of Consumers showed across-the-board rebounds from previously dour readings.

Industry 06-13
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