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Iran war has cost on average $246 million per day in its first five months, CBO finds
Source: CNBC
Original reporting
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CNBC
Two camps have emerged in the debate over AI safety and regulation
Two opposing camps are emerging in the AI regulation debate, with Trump and Huang on one side and Amodei. Altman and Musk on the other.
CNBC
Nvidia and Anthropic CEOs diverge on AI safety at Dreamforce: Huang says fast vs. pacing is 'false choice'
Comments from the two tech leaders landed days after Anthropic's Dario Amodei published an essay urging the AI industry to slow the pace of model development.
CNBC
Americans' incomes rose and poverty fell in 2025, Census Bureau says
The data comes as the Federal Reserve is considering interest-rate increases that could slow economic growth.
CNBC
Trump says Kennedy Center will stay closed without renovation unless his name is added back
The ruling comes four months after the same judge ordered that the Kennedy Center could not be renamed to include President Trump's name.
BBC Business
US borrowing costs hit highest level since 2007
The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
CNBC
Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.