This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Immigration anxieties and a challenging job market have sparked an online backlash over China’s latest attempt at attracting global talent — a new visa program…
Christian Menefee and Al Green. Al Drago | Sergio Flores | Reuters The first round of primary elections is showing how this year’s midterms will be taking place on shifting political ground for incumbents. That was particularly true in Texas — the first state to redraw its congressional districts last year — where incumbent members…
Jaque Silva | Nurphoto | Getty Images Charlie Kawwas, president of the semiconductor solutions group at Broadcom, on Monday suggested that OpenAI is not the mystery $10 billion customer that it announced during its earnings call in September. Kawwas appeared on CNBC’s “Squawk on The Street” with OpenAI’s President Greg Brockman to discuss their plans…
Jaque Silva | Nurphoto | Getty Images Super Micro Computer said Yih-Shyan “Wally” Liaw, a co-founder, has resigned from the server maker’s board after he was indicted in the U.S. on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China. A federal court unsealed the indictment on Thursday. While the company wasn’t specified,…
The latest market gyrations may have some investors seeking ways to generate safe returns without all the drama. The Dow Jones Industrial Average staged a big turnaround on Tuesday, after first dropping more than 600 points over U.S.-China trade fears. The blue-chip index was last up more than 400 points. The S & P 500…
With a new league year comes new team structures, and the Chiefs have started to remake their squad for the 2026 NFL season. The most newsworthy and impactful roster transaction was trading All-Pro cornerback Trent McDuffie to the Rams for a handful of draft picks, including a first-round selection in next month’s draft. Along with…
The Associated Press announced its national players of the week in men’s and women’s basketball for Week 14 of the season. On the women’s basketball side: The sophomore guard scored 37 points to go with four steals and four assists to help Vanderbilt edge then-No. 16 Kentucky 84-83. It was her second straight 30-plus point…
Federal Reserve Chair Jerome Powell last week pushed back when asked whether stagflation posed a threat to the U.S. economy. His successor may face a tougher challenge, as Wall Street forecasters raise their expectations of recession, brought on in part by the Iran war and potential for higher prices. In recent days, economists have pulled…
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank kept its loan prime rates unchanged on Tuesday as the authorities focus on targeted support for specific sectors to bolster a slowing economy instead of…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s epsiode of CNBC Crypto World, major cryptocurrencies end the week in the green with bitcoin inching closer to its record. Plus, George Kikvadze, executive vice chairman of Bitfury, explains the evolution of bitcoin over the past decade. And, we explore…
