Now we have one of the most important meetings of all, the official formation of what is known as the Board of Peace. President Trump initially proposed this 'Board of Peace' in the wake of the Gaza ceasefire, and his idea was to bring the international community in to help provide, you know, just basic safety, basic security, economic stability for Gaza, and have a number of countries kind of collectively share that burden. Since Gaza, the president's ambitions for this 'Board of Peace' have gotten a lot m ...

What's happening right now with this Lisa Cook case is an existential threat to the Federal Reserve. I think there's little doubt that the President wants to reshape the Federal Reserve Board. The President believes he ought to have a big say in the interest rates that are set by the Federal Reserve.This Supreme Court case is about whether Trump has the authority to dismiss Cook for cause. It's the first time a President has ever attempted to fire a Federal Reserve Board Governor in the 100 plus years of th ...

With mounting pressure to justify its AI costs, Meta's ambitions to serve enterprise customers face real challenges. Its latest acquisition, a reported $2 billion for Manus, which sells AI agents via subscription to small businesses and entrepreneurs, epitomizes that challenge. CNBC has heard from multiple customers that are canceling their subscriptions.While that's just a tiny percentage of Manus' subscriber base, it does speak to startups concerns about Meta. One of those customers is Seth Dobrin, the CE ...

Importers were hoping for quick refunds on billions of dollars spent on tariffs, but trade attorneys warn it could take years. The Court of International Trade, or CIT, is facing over 1,000 refund-related cases. If the Supreme Court rules tariffs are illegal, questions of refunds could bounce back and forth between the courts for months, or even years.I've been speaking with trade lawyers and other experts and there are three possible scenarios they lay out. Scenario one, the Supreme Court could rule the ta ...

The AI lab that avoided the hype has suddenly found itself at the center of it. >> Anthropic is one of the key AI names eyeing a potential IPO this year and it's looking to outmaneuver big spending rivals by showing you don't need the most chips to win. >> Anthropic story began 5 years ago with the defection.A core group of senior OpenAI researchers who helped build the systems that became chat GBT then left to create a lab where safety wasn't an afterthought. We had this really clear vision of the company ...

Ford just announced it's going to be making a $2 billion bet on a totally new industry: energy storage. That comes as automakers pivot away from EVs. Weaker sales and lowered forecasts are leading companies to find new uses for the battery factories they invested billions of dollars into. Energy storage is a natural next best option; big battery packs that store power for homes, businesses and even utilities they can collect electricity from, say, solar panels for use when the sun isn't shining.Or they can ...

Jamie Diamond has been CEO of JP Morgan Chase for 20 years this month, helping it grow faster than rivals, avoiding disasters that befell other banks, picking up three failed institutions, [music] and turning his firm into the world's largest bank by market cap. Today, JP Morgan Chase stock [music] is worth around $900 billion, which is roughly the size of the next three largest American banks combined. With that kind of a track record, the world of finance listens to everything that Jaime Diamond [music] s ...

I'm not sure there's ever been a month in media and sports quite like what we're going to see in February in terms of the amount of content on one individual network. It all starts February 6th. That's when the Winter Olympics Opening Ceremonies kicks off on NBC Sports.Just two days after the opening ceremonies is the Super Bowl, the most watched event on all TV every single year. And that's also on NBC sports. A week later, NBC has the NBA All-Star Game.Again, another giant marquee event typically that a s ...

It may come as a surprise that German discount grocer Aldi is the third largest supermarket chain in the U.S. by number of stores. That's after Walmart and Kroger, with more than 2,600 stores across 39 U.S. states, Aldi is the fastest growing supermarket chain in the U.S. It opened nearly 200 stores in 2025, its biggest growth year to date and more than any other grocer in the country. And its foot traffic rose more than 50% between 2019 and 2024.We've grown every year and every type of economy. There's alw ...

Students have been moving away from four-year degrees in favor of certificate and associate degree programs. Enrollment in bachelor's degree programs grew just 0.9%, while enrollment in undergraduate certificate and associate degree programs grew by 1.9% and 2.2%, respectively. This is a trend I've been watching for years, but there are some key changes this year that make it even more striking.First, the cost of education. Community college is significantly less expensive. At two-year public schools, tuiti ...