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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.

Ken Griffin says Trump's 'bombastic' trade rhetoric is a mistake that's eroding trust in the U.S.

The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.

Powell squashes the possibility that the Fed will develop its own digital currency

Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.

CFPB heads for supervision, enforcement announce resignations after stop-work order

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Dominari Holdings shares surge 30% after Donald Trump Jr. and Eric Trump join advisory board

Donald Trump Jr. and Eric Trump participated in a recent private placement in the holding company.

Watch Fed Chair Powell testify live before the Senate Banking Committee

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.

Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns

Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.

BYD rolls out driver assistance tech across its EV models — with DeepSeek's AI help

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.

Trump takes aim at 'wasteful' government spending by ordering end to penny production

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.

GameStop, MicroStrategy shares rise after Ryan Cohen posts photo with Michael Saylor

Cohen uploaded the photo over the weekend on X, sparking speculation that GameStop is plotting another strategy around crypto.

Consumer Financial Protection Bureau staff told to work remotely as headquarters is shuttered

CFPB employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to a memo obtained by CNBC.
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