News

MP Materials selects Texas for rare earth magnet manufacturing site

MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure domestic supplies of critical minerals.

Nvidia still hasn't sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

The U.S. chipmaker has yet to confirm shipments to China despite Washington easing restrictions on exports of advanced chips.

China holiday spending sends a strong signal on consumer stimulus plans

China's nine-day Lunar New Year holiday showed consumers were eager to travel, while remaining price-conscious.

Are collectibles a viable asset class? The buyer of the $16.5 million Pokémon card thinks so

AJ Scaramucci thinks trading cards have experienced tremendous growth, and thus they, and other collectibles, are great alternative investments.

Trump makes little mention of China in the longest State of the Union speech

U.S. President Donald Trump is scheduled to visit Beijing from March 31 to April 2, after a year of heightened trade tensions between the two countries.

The global M&A boom is rolling into 2026 as AI sparks deal frenzy — but cash is getting tight

Markets are betting that the global M&A surge has not yet finished, as Wall Street recovered its appetite for large-scale financings.

Register now: Applications open for the World's Top Fintech Companies 2026

CNBC and Statista chart the top fintech players from around the world, ranging from startups to Big Tech names.

PayPal pops nearly 7% on report fintech startup Stripe is weighing an acquisition

PayPal's stock lost nearly a third of its value last year due to slowing growth and competition concerns.

Jamie Dimon says AI is already reshaping JPMorgan Chase's workforce as bank plans 'huge redeployment’

JPMorgan, the world's biggest bank by market cap, has the industry's largest annual tech budget at nearly $20 billion, and it has outlined an ambitious AI plan.

Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'

The Chicago Fed president said Tuesday that cuts aren't appropriate until there's more evidence that inflation is on its way down.

Jamie Dimon says 'watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’

JPMorgan Chase CEO Jamie Dimon is anxious as high asset levels collide with increased competition among lenders and jitters over loans to the software industry.

Supreme Court ruling throws Trump administration's tariff strategy into flux. What it means for global trade, U.S. economy

President Trump's new tariffs could further strain global trade relations, pushing businesses to operate more cautiously and hurting the U.S. economy.
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