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This Meta alum has spent 10 months leading OpenAI’s nationwide hunt for its Stargate data centers

by CNBC Markets | October 5, 2025 6:03 pm | US Markets

OpenAI’s effort to build a massive industrial base to power the future of artificial intelligence is being led by Keith Heyde.

Judge temporarily blocks use of National Guard in Portland

by CNBC Markets | October 5, 2025 8:05 am | US Markets

The ruling is a setback for the Trump administration as it seeks to use military troops in some Democratic-run cities.

AI Sam Altman and the Sora copyright gamble: ‘I hope Nintendo doesn’t sue us’

by CNBC Markets | October 4, 2025 6:06 pm | US Markets

CNBC has seen videos of characters from shows like “SpongeBob SquarePants” on the platform and was able to independently generate other characters.

Treasury weighs minting $1 coin with Trump’s face for U.S. 250th anniversary

by CNBC Markets | October 4, 2025 3:05 am | US Markets

U.S. Treasurer Brandon Beach confirmed in a social media post that the draft coin depicting Trump is real. Treasury Secretary Scott Bessent shared Beach’s post.

Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting

by CNBC Markets | October 4, 2025 3:05 am | US Markets

Amazon has been closing Fresh supermarkets in the U.S. and U.K. as the company focuses its grocery strategy on Whole Foods and delivery.

Detroit auto stocks jump on report of tariff relief for U.S. vehicles

by CNBC Markets | October 4, 2025 2:03 am | US Markets

Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted from trading level or down to up roughly 2% to 4% on the report from Reuters.

Wall Street flies blind into the new week with stocks still surging to record highs

by CNBC Markets | October 4, 2025 1:05 am | US Markets

The conventional wisdom goes that stocks can continue their bull rally so long as the suspension of federal operations doesn’t continue for longer than usual.

The shutdown meant no jobs report. Here’s what it would have said about the economy

by CNBC Markets | October 4, 2025 12:11 am | US Markets

While the BLS has gone dark with the shutdown, other reports suggest the labor market just plodded along in September.

Government shutdown: Senate to vote again on funding with little hope of passage

by CNBC Markets | October 3, 2025 11:15 pm | US Markets

The Trump administration, which was already working to shrink the size of government, said the shutdown could lead to layoffs of thousands of federal workers.

Dow rallies 500 points to record as Wall Street looks past shutdown fears: Live updates

by CNBC Markets | October 3, 2025 10:14 pm | US Markets

The three major U.S. indexes notched record highs across the board on Thursday as strength in the AI trade persisted.

Goldman boss David Solomon warns of a stock market drawdown: ‘People won’t feel good’

by CNBC Markets | October 3, 2025 10:14 pm | US Markets

The Goldman Sachs CEO said AI presented opportunities but that some investors were overlooking “things you should be skeptical about.”

Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move

by CNBC Markets | October 3, 2025 10:14 pm | US Markets

Nvidia highlighted accelerated computing, which it argues can make “quantum computing breakthroughs of today and tomorrow possible.”

Berkshire Hathaway votes to separate chairman and CEO roles, paving way for Abel to succeed Buffett at year-end

by CNBC Markets | October 3, 2025 10:13 pm | US Markets

In a new regulatory filing, Berkshire said its board of directors voted on Sept. 30 to amend its bylaws to distinguish the two top roles, effective immediately.

Tesla, GM lead record U.S. EV sales this year as federal incentives end

by CNBC Markets | October 3, 2025 9:03 pm | US Markets

New data provided to CNBC from Motor Intelligence shows sales of EVs topped 1 million units through the first nine months of the year.

Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly

by CNBC Markets | October 3, 2025 7:09 pm | US Markets

The central banker indicated that pressure is coming to both sides of the Fed’s so-called dual mandate of stable prices and low unemployment.

Property tech ‘winter’ is over, but climate investment is still struggling, says Fifth Wall CEO

by CNBC Markets | October 3, 2025 6:10 pm | US Markets

Higher interest rates, a capital market retraction and a push by almost all venture capital into AI collectively hit property tech hard.

Trump administration puts on hold $2.1 billion in Chicago infrastructure projects, Vought says

by CNBC Markets | October 3, 2025 6:10 pm | US Markets

The move came on the third day of the federal government shutdown, which President Donald Trump has blamed on Democrats in Congress.

For first-time job hunters, a college degree isn’t unlocking the opportunities it once did

by CNBC Markets | October 3, 2025 5:10 pm | US Markets

Data shows young college grads are feeling the brunt of the labor market slowdown.

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up

by CNBC Markets | October 3, 2025 5:09 pm | US Markets

Frequent updates of AI models like ChatGPT and Claude are pushing companies built on top of them to iterate faster or risk falling behind.

Massive fire breaks out at Chevron oil refinery in California

by CNBC Markets | October 3, 2025 3:14 pm | US Markets

Emergency services are actively responding to a fire at Chevron’s El Segundo plant in California.
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