Ant International, Visa and Mastercard team up on AI payment standard
MasterCard and Visa cards are seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Nurphoto | Nurphoto | Getty Images Fintech company Ant International announced Thursday it has signed on Visa and Mastercard to collaborate on a new…
UBS CEO Sergio Ermotti: investor complacency amid piling risks
UBS CEO Sergio Ermotti on Thursday warned that investors have grown complacent over the past few years, even as geopolitical and economic risks have mounted. «There has been a level of complacency in financial markets in the last few years,» Ermotti told…
Samsung tries to draw iPhone users to its foldables amid Apple entry
An attendee with a Samsung Galaxy Z Fold 8 smartphone at a Samsung Unpacked product launch event in London, UK, on Wednesday, July 22, 2026. Samsung Electronics Co. revamped its foldable phone lineup, introducing a new entertainment-focused model that…
Inside India newsletter: India’s green push aims to boost energy security but exposes China dependency
Hello, this is Priyanka Salve, writing to you from Mumbai. Welcome to the latest edition of «Inside India« — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India shares a complex relationship…
Amazon adds cybersecurity vet, ex-Google exec Kevin Mandia to board
Kevin Mandia testifies during a Senate Intelligence Committee hearing on Capitol Hill on February 23, 2021 in Washington, DC. Drew Angerer | Getty Images Amazon said Kevin Mandia, the founder and former CEO of cybersecurity company Mandiant, is joining…
Bank of America CEO says the consumer remains resilient despite rising gas prices
Bank of America CEO Brian Moynihan said on Wednesday the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices. «Consumers spent in the month of August about 4% more than they spent last August,» Moynihan said…
NFL teams still ‘undervalued’: Jacksonville Jaguars owner Shad Khan
Despite an unrelenting rise in NFL team valuations, Jacksonville Jaguars owner Shad Khan told CNBC in an exclusive interview that the price of NFL teams is still undervalued compared with the price of teams in other professional sports leagues. «I think…
Here’s who’s speaking at the GOP midterm convention in Dallas
A sign is posted in front of the American Airlines Center ahead of the 2026 Republican National Committee (RNC) Midterm Convention on Sept. 8, 2026 in Dallas, Texas. Justin Sullivan | Getty Images The Republican midterm convention kicked off Wednesday,…
Bessent’s political turn in convention speech tests his credibility
Treasury Secretary Scott Bessent’s push to calm the bond market is colliding with a more political role, as his planned Republican convention speech raises questions about the credibility he needs to manage U.S. debt markets. Bessent’s…
Apple drops its folding iPhone. Our first reaction, plus the other key launch news
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks fell on Wednesday, putting the S & P 500 on track for its third…