The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over "theft," while OpenAI ramps up IPO efforts.

Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.

The US administration will reportedly investigate whether Chinese artificial intelligence (AI) models were "distilled from ...

Treasury Secretary Scott Bessent expressed confidence that U.S. GDP growth can return to 3% before the end of the year, citing strong underlying economic fundamentals despite ongoing geopolitical ...

On July 6, CNBC reported that Dell Technologies Inc. (NYSE:DELL) shares climbed more than 7% after President Donald Trump ...

Warren Buffett praises Fed Chair Kevin Warsh as the U.S. central bank navigates inflation, interest-rate decisions, and ...

When he was Tether’s banker, US Commerce Secretary Howard Lutnick ‘managed to kill’ less favorable legislation, a court ...

Iran's assets that have been frozen will be overseen once released by the U.S. Treasury, the department's secretary, Scott Bessent, said on CNBC's "Squawk Box." Bessent and Trump said the funds will ...

Treasury Secretary Scott Bessent is brushing off criticism against President Trump for raking in more than $1 billion in cryptocurrency profits while in the White House. “I don’t think there’s an ...

WASHINGTON, June 24 (Reuters) - U.S. Treasury ‌Secretary Scott Bessent on Wednesday applauded Federal Reserve Chair Kevin Warsh's plan to reduce forward rate guidance, but said Fed policymakers need ...

FOX News chief political analyst Brit Hume reacts to a financial disclosure revealing the Trump family has made billions in the crypto business. JOHN ROBERTS, FOX NEWS: Brit, a lot of talk about the ...