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Bill Pulte, director of the Federal Housing Finance Agency, speaks to the press at the White House, July 24, 2025.Sarah L. Voisin | The Washington Post | Getty ImagesPresident Donald Trump’s appointment of Bill Pulte to be the acting director of national intelligence will place the president’s housing agency attack dog in possession of the country’s most prized secrets, a move that analysts fear could further politicize the office and erode U.S. intelligence gathering.Federal Housing Finance Agency Director Bill Pulte, who oversees Fannie Mae and Freddie Mac, was tapped by Trump on Tuesday morning to replace the outgoing DNI Tulsi…
Traders work in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois.Scott Olson | Getty ImagesShares of exchange stocks are tumbling after the regulatory approval of perpetual futures for bitcoin ignited concerns that a new wave of trading products could pose an existential threat for Wall Street.CME Group, known for its derivatives and futures trading platforms, dropped more than 2% in Tuesday’s session. The stock is down more than 8% over the last two days and is poised to record its biggest weekly drop since 2020.Cboe Global Markets, an exchange and…
Braskem stock falls on out-of-court debt restructuring plan Source link
We’re expecting Android 17 to begin rolling out later this month, but first, Google has a batch of updates for the wider Android device ecosystem. As usual, some of the new features are limited to specific devices, and others require using Google’s apps. But if you don’t mind the latter, you can get automated protection from the growing threat of deepfake phone scams. According to Google, “impersonation fraud” is one of the most common types of financial scams. The FTC tracked almost $3 billion in losses from such scams during 2024, and the improvements in AI voice cloning tools more…
A batch of messages between ministers and Lord Mandelson were published on Monday – but there were only a few from the prime minister. Source link
Rick Rieder oversees roughly $2.4 trillion in assets for BlackRock. He has been at the world’s biggest money manager for close to two decades now, and he has seen a lot take place in the market. But, he says, nothing like this.”I think we’re going through an extraordinary period of time. I don’t think we’ve ever seen anything like this,” he told CNBC’s Scott Wapner at the CNBC CEO Council Summit in Washington, D.C., on Tuesday.Faced with the choice between “a lot of uncertainty” and a market that continues to push higher, Rieder concludes, “I think you gotta, you gotta…
Microsoft teases new era of AI-driven devices at software developer conference Source link
Microsoft CEO Satya Nadella attends the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026.Denis Balibouse | ReutersMicrosoft has been a major player in the artificial intelligence boom, providing key cloud infrastructure and services and taking multibillion-dollar equity stakes in OpenAI and Anthropic. Now the company is making a concerted effort to compete with proprietary models. At its Build developer conference in San Francisco on Tuesday, Microsoft announced MAI-Code-1-Flash, its inaugural model that takes written descriptions from people and spits out source code for applications and websites. The AI coding market, or vibe coding, has taken off of…
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks during his weekly press conference, on Capitol Hill in Washington, D.C., U.S., March 19, 2026. Nathan Howard | ReutersHouse Minority Leader Hakeem Jeffries said Tuesday that Democrats are not focused on impeaching President Donald Trump if they regain a majority next Congress, at least “at this moment.”Jeffries, at the CNBC CEO Council Summit in Washington, told CNBC’s Emily Wilkins that Democrats will continue to hammer home affordability as they hope to flip the House in this November’s midterm elections. Jeffries said the Trump administration has been “completely and totally out of control,”…
Goldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into “greed” mode as markets are poised to test an unprecedented fundraising wave for giant artificial intelligence firms. Asked by CNBC’s Leslie Picker whether markets could support a string of massive equity offerings from the upcoming IPOs of OpenAI, Anthropic and SpaceX, Solomon said that there is ample capital available for the deals.”There’s plenty of liquidity in the system if the world continues to remain as optimistic,” Solomon said. “We are definitely in a moment where there’s more greed than there is fear.”Solomon’s comments come as investors prepare…