OpenAI engineer Alfozan, charged with bugging, is partner in Saudi VC firm
Screenshot of Source: Smashi-Business | YouTube Abdulrahman Alfozan, the Saudi national charged with secretly installing a recording device in an executive conference room at OpenAI, had booked a one-way ticket from San Francisco to Saudi Arabia with his…
CoreWeave stock sinks as bond yields surge near 15%
CoreWeave’s stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out. Shares of the so-called neocloud nosedived 16%, while yields on its…
Anthropic Mythos: Bank of America hired 1,000 contractors to patch flaws
Bank of America has hired an army of external contractors to help it patch software vulnerabilities exposed by advanced artificial intelligence models including Anthropic’s Mythos, the bank’s CEO, Brian Moynihan, told CNBC on Wednesday. In an…
‘Office’ is actually having a scarcity problem
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family…
Trump debanking push gets backing from Treasury report on major banks
The Treasury Department’s Office of the Comptroller of the Currency found some of the largest banks serving the U.S. allowed political considerations, public pressure and social concerns to influence decisions about who received banking services,…
We’re exiting our remaining stake in an industrial stock spin-off gone wrong
We’re exiting our position in Honeywell Technologies , selling 110 shares at roughly $209 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will no longer own a position in HON. We’re selling the rest of our tiny…
Here’s the inflation breakdown for September 2026 — in one chart
A sign displays the prices of unleaded gasoline and diesel fuel as a driver refuels a vehicle with diesel fuel at a G&M gas station in Torrance, California, on Sept. 28, 2026. Caroline Brehman | Bloomberg | Getty Images The inflation rate increased…
CPI inflation report September 2026
September brought little relief to the accelerating cost of living, as consumer prices increased again and kept the inflation rate well above the Federal Reserve’s goal. The consumer price index, a broad measure of goods and services costs across…
Bank of America (BAC) Q3 2026 earnings
Bank of America on Wednesday posted a sharp profit decline after being hit with a $1.2 billion penalty by U.S. regulators, while revenue also disappointed after trading operations generated about $750 million less than expected. Shares of the bank fell…
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
In an aerial view, two-story single family homes line the streets of neighborhood on Jan. 13, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Mortgage rates moved to the highest level in nearly three years last week, causing overall demand…