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Supreme Court justices on Wednesday expressed skepticism about the legality of the aggressive tariffs President Donald Trump has imposed on most countries around the world.Conservative and liberal justices grilled Attorney General D. John Sauer on the Trump administration’s approach to enacting tariff laws, which critics say violates Congress’ taxing powers.A lower federal court ruled that Trump lacked the legal authority under the International Emergency Economic Powers Act to impose so-called reciprocal tariffs on imports from many of the United States’ trading partners and to impose fentanyl tariffs on products from Canada, China and Mexico.Mr. Sauer defended tariff policy based on…
During Tuesday’s earnings call, Pinterest CEO Bill Ready highlighted the potential of open source AI models to help the company keep costs down as it expands its visual AI use cases. The image pinboard site often serves as the first step in a consumer’s shopping journey and leverages AI technology to power a variety of features, including personalized recommendations, a multimodal search experience that combines text and images, ad targeting, and, most recently, product discovery with the launch of the AI-powered Pinterest Assistant. But investors wanted to know what Pinterest’s opportunity would be in agent commerce (AI systems that can…
snap Shares rose 15% on Wednesday after the company reported third-quarter earnings that beat analysts’ expectations and announced a $500 million stock repurchase program.Here’s how the company performed compared to Wall Street expectations:Earnings per share: loss of 6 cents. This number is not comparable to analyst expectations. Revenue: $1.51 billion vs. $1.49 billion expected, according to LSEG Global daily active users: 477 million vs. 476 million expected, according to StreetAccount Global average revenue per user (ARPU): $3.16 vs. $3.13 expected, according to StreetAccountSnap also announced a partnership with startup Perplexity AI to “integrate conversational search directly into Snapchat.” According to…
Violent protests have erupted in Mexico’s Michoacan state over the killing of an outspoken anti-crime mayor while participating in Day of the Dead celebrations over the weekend. Protests began Sunday in the state capital, Morelia, under the slogan “Enough of abuse and inaction”. The demonstrations turned violent, with some people storming the government palace in Morelia. Local authorities confirmed eight arrests. On Tuesday, Apatzingan city authorities confirmed that people set fire to City Hall and said in a Facebook post that the violence was carried out by “shock groups with objectives far from building true peace.” The shocking killing of…
Bitcoin, Ethereum and stablecoin USDT promoted in Hong Kong crypto store on July 29, 2025. Peter Parks | AFP | Getty Images This report is from CNBC’s The China Connection newsletter this week, delivering insights and analysis on the powerhouse of the world’s second-largest economy. You can subscribe here.big storyThe AI competition between the US and China begins over cryptocurrencies.At least that’s what US President Donald Trump suggested after his meeting with Chinese President Xi Jinping last Thursday, a trade deal that has been closely watched around the world.”I want to make cryptocurrencies great for America,” President Trump told CBS…
Apple is close to a deal with Google that would see the iPhone maker pay about $1 billion a year for a custom version of Google’s Gemini AI model to power its Siri overhaul, according to a new report from Bloomberg. This move is a big one for Apple. Apple has relied on its own technology so far, but plans to use Google’s model as a temporary solution until its own AI is powerful enough to power upcoming new features for its voice assistant. The custom AI model’s 1.2 trillion parameters (a measure of software complexity and functionality) will far…
A DoorDash bag is installed on a bicycle in New York, USA, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty Imagesdoor dash reported third-quarter results that fell short of analysts’ expectations and said it expects to spend “hundreds of millions of dollars” on new initiatives and developments in 2026.The stock price fell 9% following the news.Here’s how the company performed compared to LSEG’s estimates:Earnings: 55 cents per share, expected 69 cents per share; Revenue: $3.45 billion, expected $3.36 billion.”While we wish there was a way for a baby to grow into an adult without investment, or a…
Mexican President Claudia Sheinbaum on Tuesday accused a “drunk” man of harassing her, calling the incident “an assault against all women.” Mexico City Mayor Clara Brugada said the man was arrested overnight and is being held at the Sexual Crimes Investigation Department. The incident occurred on Tuesday in Mexico City, where a man appears to break through a crowd of people greeting Sheinbaum and grope her, according to footage of the incident that went viral. The video showed a man approaching Sheinbaum. As bystanders near the center of the Zocalo looked on, the man touched her breasts and appeared to…
Dancing with the Stars Elimination: Find out who went home for a night of rock and rollThe recent loss of Dancing with the Stars was hard for everyone to accept. After Danielle Fishel and partner Pasha Pashkov were eliminated from Season 34 of the Rock and Roll Hall of Fame-themed ABC series, Pasha’s wife and fellow DWTS pro Daniela Karagach expressed her disappointment. “Well, Pasha is my husband and Daniel is literally family now,” she exclusively told E! News after the Nov. 4 episode. “It’s never fun to see someone go home, but seeing your husband or someone you’ve worked…
Brugge led three times against Barcelona, and although they conceded the fourth goal, they ultimately shared the points.Spanish giants Barcelona needed three comebacks to beat Club Brugge to a 3-3 draw in the Champions League. For Hansi Flick’s side, teenage winger Lamine Yamal came into his own and helped the Reds earn a point in a thrilling game in Belgium.On Wednesday, Barça’s defense was repeatedly shattered by the hosts, as Brugge winger Carlos Forbes scored two goals and Nicolo Tresoldi scored one.Recommended stories list of 4 itemsend of listOwn goals from Ferran Torres, Yamal and Christos Tzoris saved Barcelona from…