India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for sweets, and a contagious cattle disease.Story Published at: May 25, 2023 at 04:11AM
Milk prices in the world’s dairy powerhouse India have spiked 15%
As debt ceiling talks flounder, Cramer says lawmakers’ actions will cost you
CNBC’s Jim Cramer warned investors on Wednesday that lawmakers will inevitably cost them money as debt ceiling negotiations drag on. Story Published at: May 25, 2023 at 12:19AM
CNBC Daily Open: The U.S. credit rating is in question
Stocks extended their downward slide as the debt limit debacle continues to worry investors. Story Published at: May 25, 2023 at 12:52AM
Nvidia’s jaw-dropping beat and raise sends its share price to a record high
As strong as the results were, the chipmaker’s guidance for its current quarter was even more robust. Story Published at: May 25, 2023 at 12:44AM
Nvidia shares spike 15% on huge forecast beat driven by A.I. chip demand
Nvidia is the top provider of advanced GPU chips for artificial intelligence. Story Published at: May 24, 2023 at 09:32PM
Iconic singer Tina Turner dies at 83
Singer Tina Turner has died at the age of 83 after a long illness, a spokesperson said Wednesday.Story Published at: May 24, 2023 at 08:10PM
Alphabet CEO promises ‘AI pact,’ discussed pro-Kremlin propaganda in meeting with top EU officials
The European Parliament earlier this month greenlit rules for AI, including specific measures for generative AI tools such as ChatGPT and Google’s Bard chatbot.Story Published at: May 24, 2023 at 07:03PM
Debt ceiling talks hit a snag over spending levels with eight days until default deadline
Concerns are growing about whether President Biden and House Speaker McCarthy can reach a deal and pass a bill to raises the debt ceiling before June 1.Story Published at: May 24, 2023 at 03:54PM
A.I. poses existential risk of people being ‘harmed or killed,’ ex-Google CEO Eric Schmidt says
Artificial intelligence has been thrust into the center of conversations among policymakers grappling with what the tech should look like in the future.Story Published at: May 24, 2023 at 02:21PM
‘Extremely regrettable’: SoftBank hits back after S&P cuts credit rating further into junk
SoftBank offered a sharp rebuke on Wednesday to S&P Global Ratings after the agency downgraded the Japanese giant’s credit rating. Story Published at: May 24, 2023 at 01:23PM