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Economy

Economy

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns

May 6, 2025

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.…

Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’
Economy

Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’

May 6, 2025

Nvidia CEO Jensen Huang told CNBC on Tuesday that the China AI market will be worth about $50 billion and…

Trump downplays tariff talks: ‘We don’t have to sign deals’
Economy

Trump downplays tariff talks: ‘We don’t have to sign deals’

May 6, 2025

U.S. markets moved lower Tuesday after Trump's comments on trade deals. ...

Student loan collections restart for more than 5 million borrowers in default
Economy

Student loan collections restart for more than 5 million borrowers in default

May 5, 2025

As U.S. Department of Education will resume collecting on defaulted student loans on Monday, borrowers may face wage garnishment and…

Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden
Economy

Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden

May 5, 2025

Last week, Trump put the onus on Biden for the economy contracting in the first quarter of the year. ...

CNBC’s Official Global Soccer Team Valuations 2025: Here’s how the top 25 clubs in the world stack up
Economy

CNBC’s Official Global Soccer Team Valuations 2025: Here’s how the top 25 clubs in the world stack up

May 5, 2025

The 25 most valuable teams in the world are worth an average of $2.76 billion, according to CNBC's Official Global…

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand
Economy

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand

May 5, 2025

Here's how the brand is trying to get its portfolio back into shape and boost its status in the competitive…

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
Economy

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes

May 5, 2025

...

Trump posts AI-generated photo of himself dressed as the pope
Economy

Trump posts AI-generated photo of himself dressed as the pope

May 4, 2025

President Trump earlier this year jokingly called himself a "king" after he moved to end the congestion pricing program in…

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Crypto World

1
Cryptocurrency

North Korea denies role in $6.3B Binance hack, points finger at US

November 3, 2026

Kim Yo Jong, the sister of North Korean leader Kim Jong Un, denied North Korea’s involvement in the $6.3 billion Binance hack and appeared to suggest, without evidence, that the US could have been behind…

2
Cryptocurrency

South Korea urges exchanges to boost cold storage after Binance hack

November 3, 2026

South Korea’s Financial Services Commission has urged domestic crypto exchanges to increase the proportion of assets held in cold wallets after the $6.3 billion attack on Binance last week. In a statement Monday, the FSC said…

3
Cryptocurrency

Binance begins second withdrawal phase following record hack

November 3, 2026

Binance plans to begin a second phase of cryptocurrency withdrawals on Tuesday following last week’s $6.3 billion hack.Withdrawals for additional assets are scheduled to resume progressively from 04:00 UTC on Tuesday, according to Binance’s latest…

4
Cryptocurrency

FBI blames North Korea for record $6.3B Binance hack

November 1, 2026

The FBI said that the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of about $6.3 billion in digital assets from cryptocurrency exchange Binance on Thursday.The FBI said on Saturday in…

Economy

Economy

North Korea denies links to Binance hack as researchers trace stolen billions

November 3, 2026
Economy

OpenAI hires former U.S. Army Secretary Dan Driscoll for national security role

November 3, 2026
Economy

Palantir reports booming U.S. commercial revenue growth, topping government for first time

November 3, 2026
Economy

Binance resumes withdrawals following $6.3 billion hack, says 90% of stolen user assets are covered

November 1, 2026
Economy

Why AI is boosting Meta’s ad business while hurting Google search

November 1, 2026
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