Microsoft owns lots of Nvidia graphics processing units, but it isn’t using them to develop state-of-the-art artificial intelligence models. There are good reasons for that position, Mustafa Suleyman, the company’s CEO of AI, told CNBC’s Steve Kovach in an interview on Friday. Waiting to build models that are “three or six months behind” offers several […]

Key Takeaways With President Trump’s mid-week tariff announcement tanking the stock market, you may be thinking of beefing up your cash reserves. Fortunately, plenty of safe haven options are paying returns in the mid-4% range right now. Banks and credit unions offer high-yield savings accounts, money market accounts, and certificates of deposit (CDs), where today’s

The seal of the US Department of Justice in Washington, DC on March 21, 2024.  Mandel Ngan | Afp | Getty Images A New York federal judge on Friday ordered the jailing of convicted drug dealer and predatory lender Jonathan Braun, whose 10-year prison sentence was commuted in 2021 by President Donald Trump, after a

Key Takeaways The S&P 500 plummeted 6.0% on Friday, April 4, after China responded to President Donald Trump’s tariff declaration with its own duties on goods imported from the U.S. Oil prices dropped as concerns about global economic growth, combined with reports of supply increases, pressured stocks across the oil and gas industry. Shares of

Traders work on the floor of the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images News | Getty Images The iShares MSCI Emerging Markets ETF (EEM) fell on Friday to its biggest drop since March 2020, as President Donald Trump’s retaliatory tariffs raised fears of a global trade war and

A used auto warranty can provide financial protection against paying unexpected car repair costs, but it can also be a considerable investment with little or no direct benefit. Before purchasing an extended warranty for a used car, understand exactly what you’re agreeing to pay for. If you don’t drive a lot and the car is

Given the tumultuous events in April, it’s easy to forget that 3M (MMM -7.48%) stock is actually up on the year; at least, it is at the time of writing! That’s due to an impressive first-quarter performance of 13.8%, according to data provided by S&P Global Market Intelligence. 3M is on the recovery track The

U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025. Chip Somodevilla | Getty Images President Donald Trump announced an aggressive, far-reaching “reciprocal tariff” policy this week, leaving many economists and U.S. trade partners to question how the White House calculated its rates.

Key Takeaways President Trump on Friday extended TikTok’s deadline to be sold or face a ban in the U.S. by another 75 days. The social media platform had previously faced a Saturday deadline, after Trump extended it by 75 days in January. Amazon, AppLovin, and a group led by Oracle have been reported as bidders

Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation and lower growth, and indicated that the central bank won’t move on interest rates until it gets a clearer picture on the ultimate impacts. In a speech delivered before business journalists in Arlington, Va., Powell said the Fed