A Florida congressman bashed Ron DeSantis on Trump Jr.’s show. Rep. Greg Steube said DeSantis shut him out of meetings in his own district. Steube also claimed DeSantis threatened to unseat those who won’t endorse him. LoadingSomething is loading. Thanks…
Saudi Arabia is growing annoyed with Russia as Moscow continues to pump cheap crude oil into the market. The increased supply of oil from Russia is helping push oil prices below levels Saudi Arabia needs to fund its megaprojects. Saudi…
Mohamed El-Erian once again took aim at the Federal Reserve over its lateness in fighting inflation. The risks associated with the lack of “first best” measures are compounded by instances of confusing communication coming from the Fed, he said. Erosion…
The mania around AI stocks isn’t a bubble, Wharton professor Jeremy Siegel told CNBC. While these tech stocks may be overvalued long term, no one can predict where they’ll peak, he said. He said that Nvidia, a beneficiary of the…
Ozempic and ChatGPT have blown up in the year of the cure-all. CEOs are already cutting or pausing jobs, thinking AI can replace workers. But both come with unforeseen side-effects. LoadingSomething is loading. Thanks for signing up! Access your favorite…
The fortune of He Xiaopeng, CEO of Chinese EV maker Xpeng, has fallen 75% from a 2021 peak. He owns 20.5% of Xpeng shares, which tanked nearly 20% this year. The EV landscape in China has been under intense competition…
“Big Short” investor Dave Burt said people don’t see how the climate crisis will hurt home values. He told CNBC that that mortgage lenders aren’t taking into account climate risk, like flooding. He warned that the housing market is in…
After the 2016 election, Altman, who tweeted that he voted against Donald Trump, said he decided to talk to 100 Trump supporters around the US to understand what they did and didn’t like about the president. He also wanted to…
Alexander Lukashenko said there will be “nuclear weapons for everyone” who joins Russia and Belarus. The comment came after Belarus agreed to host Russia’s tactical nuclear weapons. Vladimir Putin has repeatedly threatened nuclear escalation since invading Ukraine. LoadingSomething is loading.…
Since the 1950s, Ireland has allowed British jets to intercept Russian aircraft near Irish airspace. Ireland’s west coast overlooks North Atlantic waters that the Russians and NATO keep a close eye on. The deal allowing the intercepts has long been…
