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President Joe Biden's new plan to "cancel runaway interest" on student loans may reach as many as 25 million borrowers.It is the provision that might prove to be the most wide-reaching of the president's revised relief program, which he hopes will stand up to any legal challenges this time.U.S. President Joe Biden s...

Top venture capitalist Vinod Khosla and Palantir advisor Jacob Helberg penned an open letter to the U.S. Senate calling on it to pass the so-called TikTok ban bill.Helberg and Khosla have regularly voiced their views on the dangers TikTok poses to the U.S., describing it as a "weapon of war."In an interview with CNB...

Shares in Trump Media & Technology Group fell sharply after the company reported a net loss of $58 million in 2023.The newly publicly traded social media company of former President Donald Trump had total revenue of just $4.1 million last year, according to a filing with the Securities and Exchange Commission.A year...

The Biden administration announced it would forgive $5.8 billion in student debt for 77,700 borrowers through the Public Service Loan Forgiveness program.It also said President Joe Biden would email another 380,000 public service workers, notifying them that they're on track to have their debt canceled within two ye...

A photo of a television screen shows French President Emmanuel Macron during a televised address to the nation, made from the Elysee Palace, after signing into law a pensions reform, in Paris, on April 17, 2023.Ludovic Marin | AFP | Getty ImagesFrench President Emmanuel Macron has doubled down on the possibility of ...

The European Union's parliament on Wednesday approved the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment.Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from "unacceptable" — which would see t...

A New Jersey man was arrested on charges for allegedly trafficking 675 SpaceX Starlink terminals purchased with stolen credit card accounts or hacked Starlink billing accounts, police said.Kelvin Rodriguez-Moya of Newark was stopped by police Dec. 4 while driving 223 Starlink terminals in a pickup truck and trailer ...

The nation's debt now stands at nearly $34.4 trillion, as of Wednesday.Since June, the last two $1 trillion jumps occurred in about 100 days.The U.S. Treasury building in Washington, D.C., on March 13, 2023.Al Drago | Bloomberg | Getty ImagesThe debt load of the U.S. is growing at a quicker clip in recent months, in...

Elon Musk, CEO of Tesla and X, speaks at the Atreju political convention organized by Fratelli d'Italia (Brothers of Italy), in Rome, Dec. 15, 2023.Antonio Masiello | Getty ImagesThe House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in T...

The X social media platform on Tuesday restored the account of Yulia Navalnaya, the widow of Russian opposition leader Alexei Navalny, after a brief suspension.It was not immediately clear why Navalnaya's account was suspended in the first place.Upon contacting the X press team, CNBC received an automated response o...

The West is suffering a "colossal failure of imagination" in thinking Russia's war in Ukraine will not hit them next, defense policymakers heard at Munich Security Conference."The sense of urgency is simply not clear enough," Danish Prime Minister Mette Frederiksen said, joining European leaders in calling for more ...

Scientists on Thursday said the world surpassed a key warming threshold across an entire year for the first time on record.The European Union's Copernicus Climate Change Service (C3S) said the global mean temperature for the 12-month period through to January was 1.52 degrees Celsius above the 1850-1900 pre-industri...

Thierry Breton, France's European Union commissioner for internal market and consumer protection, industry, research and energy.JOHN THYSApple faces strong action if changes to its App Store do not meet incoming European Union regulations, the bloc's industry chief said on Friday.In a move designed to comply with th...

OpenAI CEO Sam Altman said artificial general intelligence, or AGI, could be developed in the "reasonably close-ish future."AGI is a term used to refer to a form of artificial intelligence that can complete tasks to the same level, or a step above, humans.Altman said AI isn't yet replacing jobs at the scale that man...

The IMF assessed the potential impact of AI on the global labor market and found that, in most cases, AI is likely to worsen overall inequality.IMF chief Kristalina Georgieva urged policymakers to tackle this "troubling trend" and proactively take steps "to prevent the technology from further stoking social tensions...

A fault with computer software used by the Post Office, a state-owned private company employing thousands of people across the U.K., resulted in some 230 employees going to jail on false charges of theft, fraud and false accounting.Between 1999 and 2015, 736 sub-postmasters were subjected to prosecutions and financi...

The sociologist Alexandrea Ravenelle studies the decline of the one-job era, and the rise of the gig economy. It's not good news for workers, she says.Alexandrea Ravenelle, author of "Side Hustle Safety Net."Courtesy: Alexandrea RavenelleAlexandrea Ravenelle studies the decline of the one-job era.The sociologist chr...

The Supreme Court decline to take an appeal by Elon Musk's X company challenging a ban on the company disclosing federal surveillance of Americans and foreign nationals using the service.X, formerly known as Twitter, had argued that the federal government's prohibition on the company disclosing the receipt of nation...