Quick Read - AI-driven job loss threatens payroll tax revenue, worsening Social Security's already fragile outlook. The Trust Fund faces depletion by 2032 with a potential 22% benefit cut. - Workers who embrace AI tools and sharpen uniquely human skills like critical think
High-level White House meeting said to be planned to hash out Clarity Act ethics section The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected to meet on it. - Senior White...</p
The Second day of testimony takes Fed chair Warsh in front of the Senate Banking Committee. There will be a lot of overlap from yesterday's testimony in front of the House members: Recent inflation data is imperfect gauge of underlying inflation In near term AI inve
The bipartisan legislation aims to curb Moscow’s war funding by targeting oil exports and its shadow fleet, with over 26 co-sponsors. A bipartisan group of US senators introduced the Sanctioning Russia Act of 2026 on July 14, proposing new sanctions and tariffs to restrict
UK spirits group Distil appoints industry veteran with 25 years of experience to lead growth amid board restructuring. UK-based spirits company Distil has appointed David Smith, a former Diageo executive, as its new CEO effective 17 August. The move follows a broader board
NYC’s housing crisis hits ‘DEFCON 1,’ comptroller warns as rents surge to record highs — is Mamdani’s plan working? Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below New York City Mayor Zohran Mamdani swept into office
[The stream is slated to start at 10 a.m. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Chairman Kevin Warsh testifies Wednesday before the Senate Banking Committee, facing questions
Warren Buffett on Wednesday gave his stamp of approval to U.S. President Donald Trump's selection of Kevin Warsh as Federal Reserve Chairman, calling it a "good choice" for the role Speaking in an interview with CNBC, Buffett acknowledged that while the
WASHINGTON, July 15 U.S. producer prices unexpectedly fell in June, another indication that inflation was retreating before the recent escalation in the Middle East conflict. The Producer Price Index for final demand dropped 0.3% last month after a downwardly revised 0.6%
The agreement eliminates duties on 96.8% of UK tariff lines, expanding market access for Indian exporters and British services firms. India and the UK implemented a comprehensive trade pact on Wednesday, slashing tariffs on thousands of goods and enhancing services trade a
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