Spain’s Prime minister Pedro Sanchez addresses parliament over the war in the Middle East at the congress in Madrid on March 25, 2026. Thomas Coex | Afp | Getty Images Spanish Prime Minister Pedro Sánchez on Wednesday joined a chorus of world leaders welcoming the announcement of a U.S.-Iran ceasefire but issued a thinly veiled…
Key Points Xiaomi plans to open showrooms in Europe when it launches its electric cars in the region in 2027, a top executive at the Chiense tech giant told CNBC. Xu Fei, a vice president at Xiaomi, said the comapny could also manufacture cars locally in the future. Xu did not reveal which car Xiaomi…
U.S. crude oil prices on Thursday broke above $79 per barrel after Iran claimed to have attacked a tanker. The price of West Texas Intermediate oil was last up 6.86%, or $5.12, at $79.78 per barrel, while global benchmark Brent rose 4.31%, or $3.51, to $84.91 per barrel at 11:30 a.m. ET. Oil prices have…
Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire, on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton, D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi…
HERSHEY, Pa. — A toddler was lightly injured by a wolf at a Pennsylvania theme park zoo after he crawled under a fence and stuck his hand into the animal’s enclosure, officials at the zoo confirmed Sunday. The child was never inside the wolf habitat at the ZooAmerica North American Wildlife Park, which is part…
Internal Revenue Service Commissioner Bill Long said the agency will end its Direct File program after a limited pilot and one full filing season. President Donald Trump’s massive spending and policy bill includes funding to research and “replace any direct e-file programs run by the Internal Revenue Service.” Already, the program is “gone,” Long said…
The Jeff Bezos-backed Slate Automotive says it can sell an American-made electric vehicle pickup truck for about half of the average transaction price in the U.S. Slate’s pitch is keep the vehicle as simple as possible to save on manufacturing costs, and then let owners add on and customize the truck however they want. The…
Bank of America doesn’t have high expectations for Friday’s job report. The bank anticipates a 60,000 increase in nonfarm payrolls in July, below the 100,000 Dow Jones consensus estimate. “If that forecast is correct, the knee-jerk market response will probably be dovish,” U.S. economist Aditya Bhave said in a note Tuesday. “However, we encourage investors…
Castor containers for high-level radioactive waste. Ina Fassbender | Afp | Getty Images Nuclear power is back, largely due to the skyrocketing demand for electricity, including big tech’s hundreds of artificial intelligence data centers across the country and the reshoring of manufacturing. But it returns with an old and still-unsolved problem: storing all of the…
Nvidia secured what was seen as a major win last month when the U.S. government announced it would allow it to resume sales of its made-for-China H20 chip. But it has since become clear that Beijing wont be rolling out the red carpet. Despite the U.S. softening on chip export controls — which Beijing has…
