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China spent $21 billion on military exercises in the Taiwan Strait, the East and South China Seas and the Western Pacific last year, nearly 40% higher than in 2023, according to Taiwan government estimates based on its tracking of aircraft and ships and working out the cost of fuel and other expenses. The internal research by Taiwan’s armed forces, reviewed by Reuters and corroborated by four Taiwan officials, offers rare details of…

DraftKings CEO Jason Robins has never been more enthusiastic about the kickoff to the NFL — sports betting’s biggest season. It’s second only to the Super Bowl in terms of importance for acquiring customers and growing the overall betting pool, Robins told CNBC at the Bank of America Gaming and Lodging Conference. “The numbers just…

Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026. Alex Wong | Getty Images Cisco shares soared 14% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street’s projections. The company said it’s cutting its workforce this quarter by fewer…

Manny González has run Manny’s Tortas, his Mexican sandwich booth inside Midtown Global Market in Minneapolis, with his 68-year-old sister for more than 25 years. Since early December, four of his 10 employees have stopped showing up to work, out of fear they will be detained by U.S. Immigration and Customs Enforcement agents, he says….

The conservative network Newsmax will pay $67 million to settle a lawsuit accusing it of defaming a voting equipment company by spreading lies about President Donald Trump’s 2020 election loss, according to documents filed Monday. The settlement comes after Fox News Channel paid $787.5 million to settle a similar lawsuit in 2023 and Newsmax paid…

House Rules Committee Chair Rep. Virginia Foxx (R-NC) delivers remarks alongside Ranking Member Rep. Jim McGovern (D-MA) during a Rules Committee Hearing on legislation to end the partial government shutdown, at the U.S. Capitol on Feb. 2, 2026 in Washington, DC. Chip Somodevilla | Getty Images The Department of Homeland Security has been shut down…

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…

Everything is bigger in Texas. That’s also true for data center demand in the Lone Star State, where project developers are rushing to cash in on the artificial intelligence boom. Cheap land and cheap energy are combining to attract a flood of data center developers to the state. The potential demand is so vast that…