Family offices prefer to bet on AI boom with stocks

Family offices prefer to bet on AI boom with stocks

Young Asian woman holding smartphone with a computer generated background. Innovation, metaverse and futuristic concepts. Oscar Wong | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Investment…

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China stays conspicuously quiet after Trump’s TikTok deal declaration

China stays conspicuously quiet after Trump’s TikTok deal declaration

Following U.S. President Donald Trump’s approval of a deal that could keep TikTok alive in the U.S. on Thursday, China has remained conspicuously quiet — a notable silence as Beijing still can ultimately decide the app’s fate. Chinese state media remained silent about the deal, while social media discussion was limited. One state-affiliated Weibo account…

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Mamdani city-run grocery store plan criticized as unrealistic

Mamdani city-run grocery store plan criticized as unrealistic

Zohran Mamdani grabbed the national spotlight midyear when he won New York City’s Democratic mayoral primary, defeating former Gov. Andrew Cuomo. As the city prepares for the mayoral election in November, voters are closely watching the promises Mamdani is making to win support. One of Mamdani’s key campaign promises is the creation of city-owned grocery stores….

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