Big Tech faces key House vote on reforming permit process
Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping Continue Reading
Oil hits lowest since May, on pace for biggest decline in 7 years
Oil prices held on to most gains from the previous session in early trading on Thursday as investors awaited U.S.-China trade talks later in the day. Anton Petrus | Moment | Getty Images U.S. crude oil on Tuesday hit the lowest level since May, putting prices on pace for the Continue Reading
Red hot Texas gets so many data center requests that some see a bubble
Everything is bigger in Texas. That’s also true for data center demand in the Lone Star State, where project developers are rushing to cash in on the artificial intelligence boom. Cheap land and cheap energy are combining to attract a flood of data center developers to Texas. The potential demand Continue Reading
India consumer inflation rises to 0.71% in November
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 0.71% in November, accelerating from an all-time low of 0.25% in the prior month. The headline inflation Continue Reading
Trump willing to seize more oil tankers off Venezuela coast: White House
President Donald Trump is willing to seize more oil tankers off the coast of Venezuela, a White House official told CNBC on Thursday. The U.S. seized a tanker on Wednesday that had allegedly transported oil from Venezuela to Iran. The action comes as Trump escalates pressure on President Nicolas Maduro. Continue Reading
Seized oil tanker Skipper hid location, visited Iran, Venezuela
Skipper port calls in 2025 MarineTraffic The big crude oil tanker that U.S. forces seized Wednesday off the coast of Venezuela since 2024 has shown a “clear pattern” of spoofing its location to hide where it actually was, according to a leading energy consulting firm. And data suggests that the Continue Reading
U.S. seizes oil tanker off the coast of Venezuela: Report
A Venezuelan flag in La Guaira, Vargas State, Venezuela, on Sunday, Nov. 30, 2025. Bloomberg | Getty Images U.S. forces have seized a sanctioned oil tanker off the coast of Venezuela, people familiar with the matter told Bloomberg News. U.S. crude oil was up 10 cents, or 0.17%, at $58.35 Continue Reading
These energy stocks outperforming but underappreciated
Power companies caught the attention of Goldman Sachs analysts in November. Ceres Power , Vestas Wind Systems and SSE were among the top performers watched by the investment bank last month. The names come from the bank’s “Conviction List – Directors’ Cut,” a monthly update on stocks it recommends to Continue Reading
I may need to reevaluate Costco, plus a good sign for Linde
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks are higher ahead of Wednesday’s Federal Reserve interest rate decision. The U.S. central bank is expected to cut rates by 25 basis points, Continue Reading
The Warner Bros. Discovery deal — a cliffhanger in the making?
A view of the water tower at Paramount Studios on Oct. 30, 2025 in Los Angeles, California. Mario Tama | Getty Images Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix’s announcement last week that it had reached a deal to buy the HBO Continue Reading