An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. David Becker | Getty Images LONDON — Adobe has invested in Synthesia, a British artificial intelligence startup, in a bet that the technology will transform video production. Synthesia told CNBC that Adobe’s venture capital…
Georgijevic | E+ | Getty Images If you’re scrambling to file your taxes, you could miss another key due date on April 15: the first-quarter estimated tax deadline for 2025. Typically, quarterly payments apply to income without tax withholdings, such as self-employment earnings, rental income, interest, dividends or gig economy work. Similarly, retirees and investors…
Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. Bloomberg | Bloomberg | Getty Images South Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over…
Republican Party headquarters is damaged in a fire in Albuquerque, New Mexico, U.S., in this handout image released on March 30, 2025. New Mexico GOP | Via Reuters Federal authorities arrested a New Mexico man in connection with arson attacks on a Tesla showroom and the state’s Republican Party headquarters in Albuquerque. Jamison Wagner, 40,…
Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Getty Images Apple shares rose more than 2% on Monday, pushing the company’s market cap back above $3 trillion, as Wall Street…
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters A group of five small businesses on Monday sued President Donald Trump, seeking to block new tariffs that he has imposed on foreign imports in recent weeks. The lawsuit in the U.S….
Treasury yields slid Monday, continuing its recent streak of wild swings as investors navigate the global trade minefield. The benchmark 10-year Treasury dropped 11 basis points to trade at 4.38%. The 2-year Treasury yield slipped 11 basis points to 3.843%. One basis point is equal to 0.01% and yields move inversely to prices. President Donald Trump announced over the…
U.S. President Donald Trump meets with El Salvador President Nayib Bukele in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | Reuters El Salvador President Nayib Bukele said Monday that he would not return Kilmar Abrego Garcia to the United States despite a U.S. Supreme Court order…
Former U.S. Federal Trade Commission Chair Lina Khan said Monday that Facebook “panicked” when making the acquisitions of Instagram and WhatsApp as smartphone use took off. “It saw companies like Instagram and WhatsApp experiencing astronomical growth, and that’s the point at which it resorted to this buy-or-bury scheme where, if it couldn’t outcompete a rival,…
The Goldman Sachs headquarters in New York. Bloomberg | Bloomberg | Getty Images A growing majority of America’s top executives now expects the U.S. economy to enter a recession in the near future, according to a survey released Monday. Of the more than 300 CEOs polled in April, 62% said they forecasted a recession or…
