News - 2025-01-21

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OpenAI, Oracle and Softbank join forces to build artificial intelligence infrastructure.

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The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.

OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.

Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.

The president said the planned duties were a response to China’s failure to curb fentanyl exports.

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The new president accused China of sending fentanyl to Mexico and Canada which ends up in the US.

Squid Game and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.

Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.

HMRC denies running a "deliberately poor" phone service in an attempt to push customers online.

Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.

Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.

Wall Street is coming off a strong session as investors deliberated the implications of President Donald Trump's return to the White House.

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Roughly 26 million people tuned in live to watch the president’s lunchtime swearing-in on the major TV networks, according to preliminary figures from Nielsen.

The supermarket's loyalty scheme members can get a hot drink without making a purchase.

Other apps from the company behind TikTok, including CapCut and Lemon8, went dark this weekend before flickering back. The federal law banning TikTok also applies to them.

Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.

Netflix stock is soaring after earnings. Here's what to know.

The company said those results were buoyed by programming in recent months that exceeded internal expectations.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

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Netflix will report earnings on Jan. 21 after the bell. Here's what to expect.

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.

Officials and business executives at the annual gathering in Switzerland said the fight against global would continue with or without the United States.

"We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.

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The government is concerned major compensation for the mis-selling scandal could hurt the car industry.

The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness and the government's ability to service $36 trillion in debt. Trump is deeply unhappy the issue is even on the table.

Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

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(Reuters) -President Donald Trump is due to announce private sector investment of up to $500 billion of artificial intelligence infrastructure on Tuesday, two sources told Reuters. OpenAI, SoftBank and Oracle plan a joint venture called Stargate, and have committed $100 billion initially and then up to $500 billion into Stargate over the next four years, the sources said. CBS first reported the expected announcement.

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JPMorgan Chase, like the rest of the world, is scrambling to figure out what the start of Trump 2.0 means.

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Marcus Bokkerink is leaving as the government signals it is serious about growth, the BBC understands.

With the threat of a trade war looming, China's first vice premier says the country wants to boost imports.

Skybridge founder and former Trump insider Anthony Scaramucci says new meme coins from President Trump and First Lady Melania Trump are super high risk.

Tesla stock was in the red on the first trading day since the inauguration of now-president Donald Trump.

The widely-followed investor said reducing the deficit can be achieved through higher taxes, lower spending or a combination of the two.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

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Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

Binance CEO Richard Teng told CNBC he sees "much clearer regulation" in the U.S. this year, adding this will be supportive for crypto markets.

Bank of America chair and CEO Brian Moynihan says the Fed needs to start asking itself a different question.

(Bloomberg) -- Apple Inc. has received a fresh pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors, as artificial intelligence fails to act as a hoped-for growth catalyst.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed

An "unsettled economy" is blamed for falling sales of toys for the third consecutive year.

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A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Trump considers 25% duties on imports.

The sight of Jeff Bezos, Mark Zuckerberg and others at President Trump’s swearing-in was another sign of how business is adapting to a new Washington.

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Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

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Extreme weather – from wildfires in California to the freezing cold temperatures and snow in Northeast, Midwest and South – has caused home tours and pending sales to fall.

As President Donald Trump begins his second term in the White House, the country faces several key fiscal policy deadlines this year, including the debt limit and expiring tax cuts.

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Amazon, JPMorgan and others have been telling their employees that remote work is over. Now federal employees have been ordered to come to work in person, too.

Chinese Vice Premier Ding Xuexiang warned of "no winners" in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.

Local artists straddle aesthetic and artistic worlds in the land of mega-spectacles and oversize flash.

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Bitcoin and other cryptocurrencies sank Tuesday as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump's inauguration.

Airports across the UK could expand as part of the government's drive for economic growth.

Southern California residents are being proactive about new fire threats while others are in the process of healing and recovering from what has burned down.

Wage growth increased by 5.6% annually in the UK, driven by strong increases in the private sector.

Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy.