John Paulson says we are in early stages of a long-term bull market for gold
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally. «I do think we’re in the beginnings…
House advances bill barring sitting Congress members from buying stocks
The U.S. House advanced legislation on Wednesday that would stop members of Congress from buying individual stocks while in office, taking the first meaningful action on an issue that has dogged lawmakers for years. The bill passed on a vote of 232-198,…
Iran war energy shock hits U.S. economy, gas and diesel climb: Analysis
A person refills their semi-truck at a Pilot Traveler Center on March 9, 2026 in Lockhart, Texas. Brandon Bell | Getty Images The U.S. economy is more vulnerable than ever to the problems in energy markets caused by the Iran war. The economy has been…
OpenAI cyber models broke out of training limits to hack Hugging Face
OpenAI said that its artificial intelligence models were behind an «unprecedented cyber incident» that affected the open-source developer platform Hugging Face, rattling researchers across the industry. The company said a combination of its models…
Amazon lays off some employees in its AGI unit
Andy Jassy, chief executive officer of Amazon.com Inc., speaks during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Jassy said Amazon is in the process of building over 100 generative artificial intelligence (AI) features. Michael…
Senate crypto bill would ban federal officials from issuing digital assets
The US Capitol in Washington, DC, US, on Tuesday, June 30, 2026. Graeme Sloan | Bloomberg | Getty Images Presidents and other federal officials would be banned from issuing or sponsoring cryptocurrency and other digital assets under newly updated…
Renting a yacht in the Mediterranean this summer just got cheaper
Fteri beach on Kefalonia, Greece. Miljko | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future…
Russia war: Zelenskyy dismisses Ukraine army chief following protests
For the fifth day in a row activists with banners and flags protest against the resignation of Ukrainian Defence minister Mykhailo Fedorov during a rally near the monument to Ukrainian poet Taras Shevchenko on July 20, 2026 in Lviv, Ukraine. Global…
Rubio accuses Iran of not keeping its commitments as U.S. forces hit Iran
MANILA, PHILIPPINES – JULY 22: US Secretary of State Marco Rubio attends the ASEAN Post Ministerial Conference with the United States during the ASEAN Foreign Ministers’ Meeting at the Philippine International Convention Center on July 22,…
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A worker inspects a toilet unit at a Toto Ltd. plant in Kitakyushu, Fukuoka Prefecture, Japan, on Thursday, May 28, 2026. Bloomberg | Bloomberg | Getty Images At a time when investor attention has been on the semiconductor industry, some hidden gems with…