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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.59% Source link
U.S. President Donald Trump holds an executive order related to AI after signing it during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersChris Fall, the head of the Center for AI Standards and Innovation, resigned from his role as director just three months after he was picked for the job by the Trump administration, CNBC confirmed on Monday. CAISI, part of the U.S. Department of Commerce, aims to help the government facilitate “testing and collaborative research” around commercial artificial intelligence systems, according to its website. Commerce Department spokesperson Kristen Eichamer told…
He is best known as a former Labour leader – having beaten his brother David, among others, in the dramatic leadership contest that followed the party’s 2010 general election defeat.Support from the trade unions had proved decisive back then.Winning by just 1%, the younger Miliband took over the reigns of the party from acting leader Harriet Harman aged just 40 years old, in a vote he said marked a new generation of the Labour Party.David was offered a shadow cabinet role but opted to leave British politics altogether, taking up a job as the head of the International Rescue charity…
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 moved slightly lower on Monday afternoon, as an initial S & P 500 rally failed to hold. While the market debated whether the recent correction in AI stocks had gone too far or if volatility would continue, oil prices and rising bond yields remained headwinds for equities. WTI crude traded above $83 per barrel during the session after briefly dipping to roughly $80 earlier Monday. Treasury yields continued their recent…
Microsoft pinned at 200MA as momentum fades: Live levels Source link
Yesterday, the European Commission slapped AliExpress with the largest fine yet under the Digital Services Act (DSA), exceeding $625 million. In a press release, the EC said that AliExpress failed to “diligently assess and mitigate risks relating to the sale of illegal, unsafe, or counterfeit products on its e-commerce platform.” Officials found that AliExpress not only failed to staff teams dedicated to removing counterfeit and dangerous items from the platform, but it also made it easy for bad actors to evade detection. Staff was so limited that some content moderators were sometimes given just “tens of seconds” to evaluate if…
The BBC’s political editor Chris Mason speaks to Ed Miliband about his new appointment. Source link
Packages of Taylor Farms salad greens are displayed at a Safeway store on July 16, 2026 in Kings Beach, California. Justin Sullivan | Getty ImagesThe Food and Drug Administration’s reversal on a key piece of its cyclosporiasis investigation has sparked confusion in the U.S., but the agency said Monday that it has not changed its main conclusions about the outbreak.The agency said Sunday a test that indicated a sample of iceberg lettuce supplied by Taylor Farms de Mexico carried the cyclospora parasite was a false positive. However, that only applies to one specific shipment of lettuce supplied by the company,…
JetBlue wins auction for Spirit’s LaGuardia flight slots Source link
Archer Aviation CEO Adam Goldstein said the company is laser-focused on getting its air taxis certified and flying by the 2028 Olympics in Los Angeles.”It’s always been an ambitious goal,” he told CNBC’s Phil LeBeau on Monday at the Farnborough Air Show in the U.K. “It’s still an ambitious goal, but we’re certainly going to try our hardest to get there.”Archer on Monday unveiled its Thunder autonomous vertical takeoff and landing defense craft with Anduril, designed to accompany crewed aircraft and helicopters. The companies first joined forces in 2024.Shares rallied more than 20%.The Thunder GTM by Anduril. Courtesy: AndurilArcher is…