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AI Chip Startup Tenstorrent Draws Takeover Interest From Intel, Qualcomm
Artificial intelligence chip startup Tenstorrent Inc. is drawing early takeover interest from prospective buyers at a moment of renewed momentum for upstarts looking to challenge Nvidia Corp. and Advanced Micro Devices Inc.
Pay for American workers is lagging inflation — again
MoneyWatch Pay for American workers is lagging inflation — again .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo May 18, 2026 / 5:01 PM EDT / CB...
How to shop Memorial Day like a pro — what to buy and skip this year
Deals and SalesThe 4 best things to buy during Memorial Day sales — and the 2 you should absolutely avoidYes, everything feels more expensive right now, so taking advantage of the right deals this week goes a long way.May 18, 2026, 4:21 PM EDTZoe MalinReporterSkip to table of contentsRetailers want to get rid of warm weather essentials while shoppers are thinking about them, so look out for deep discounts on grills, patio furniture and more.Getty ImagesOver 50 percent of shoppers plan to partici...
GLP-1 Users Turn to Telehealth to Access Weight Loss Drugs
Justin Schrieber, CEO of telehealth company LifeMD, said that the main reason that Americans end up at virtual health care providers is to access GLP-1 weight loss medication, as well as other prescription medication. Schreiber said that there is still an untapped market for GLP-1 access and the next frontier of virtual access is for hormone replacement care. (Source: Bloomberg)
Why Trump’s $1.8 Billion IRS Settlement Could Actually Cost Him Money
BreakingBusinessWhy Trump’s $1.8 Billion IRS Settlement Could Actually Cost Him MoneyByAlison Durkee,Forbes Staff. Alison is a senior news reporter covering US politics and legal news.Follow AuthorMay 18, 2026, 04:06pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe Trump administration is creating a $1.8 billion fund to compensate people who claim to have been “victims” of unfair prosecution, a condition of Pre...
China Will Open Its Market to AI Chips From US, Nvidia’s CEO Says
Nvidia Corp. Chief Executive Officer Jensen Huang, speaking days after he joined President Donald Trump’s summit in China, said he expects Chinese authorities to eventually allow the import of artificial intelligence chips from the US.
US Regulators Poised to Reshape Secret Ratings Process for Banks
US regulators are poised to unveil as soon as this week a plan that would overhaul how examiners secretly rate banks, according to people familiar with the matter, a move likely to be cheered by lenders.
Mexico Signs Deal for Floating Gas Plant to Meet Yucatan Demand
Mexico signed an agreement to send a floating gas power plant to the Yucatan peninsula, the latest in a series of private partnerships aiming to boost electricity generation and shore up the nation’s grid against seasonal blackouts.
Visa’s ‘Tap In’ Campaign Turns The World Cup Into A Checkout Line
BusinessSportsMoneyVisa’s ‘Tap In’ Campaign Turns The World Cup Into A Checkout LineByClemente Lisi,Contributor.Follow AuthorMay 18, 2026, 03:21pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.08 December 2023, Lower Saxony, Hanover: A VISA debit card lies next to a reader at a press conference in Hanover City Hall. Refugees without a German bank account will in future receive a debit card in Hanover to pay without cash....
Katayama Signals Care for Bond Market in Compiling Extra Budget
Japan’s Finance Minister Satsuki Katayama indicated she will take into account the bond market as the government considers how to fund new spending to address the adverse impacts of Middle East conflict on the economy.
$7,500 CD vs. $7,500 high-yield savings account vs. $7,500 money market account: Which will earn more now?
MoneyWatch: Managing Your Money $7,500 CD vs. $7,500 high-yield savings account vs. $7,500 money market account: Which will earn more now? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Ma...
Prediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ label
Kalshi announces two-year investment to National Council on Problem Gambling ‘focused on trader health and safety’The prediction market Kalshi, which maintains it is not a gambling platform, has announced plans to give $2m to the National Council on Problem Gambling (NCPG) as it continues to ride a nationwide surge.While prediction markets allow users to bet – or “trade” – on the outcome of almost anything, from elections to sports to geopolitical events, the industry has vehemently fought effor...
Believer in International Diversification: Kellert
Kathy Kellert, head of index equity product at Vanguard, joins Scarlet Fu on "Bloomberg ETF IQ." They discuss the recently launched Vanguard Developed Markets ex-US Value Index ETF (ticker: VDV) and Vanguard Developed Markets ex-US Growth Index ETF (ticker: VDG). (Source: Bloomberg)
Some Buyer Fatigue Credit: Matt Brill
Matt Brill, head of North American investment grade credit at Invesco, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss high-grade credit, inflation's impact on fixed income, and the Invesco Total Return Bond ETF (Ticker: GTO). (Source: Bloomberg)
Brightline Senior Bonds May Recover Just 44 Cents: CreditSights
Investors holding Brightline Florida’s $2.2 billion of senior bonds could get as little as 44 cents on the dollar in a bankruptcy or restructuring, according to CreditSights. Holders of lower ranked debt could be wiped out in a worst-case scenario.
Global Bond Sell Off Hits Markets, JPMorgan's Tokenized Fund Filing | ETF IQ 5/18/2026
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Invesco head of North America Investment Grade Credit Matt Brill, SS&C Alps Advisors Head of Fund Sales and Strategy Paul Baiocchi, and Vanguard Head of Index Equity Product Kathy Kellert. (Source: Bloomberg)
Biggest ever UK trade mission to US amid political crisis and Iran tensions
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Delta to Prioritize Global Expansion Over Domestic Transactions
Delta Air Lines Inc. Chief Executive Officer Ed Bastian said he’ll sit out consolidation in the US aviation market and instead focus on expanding abroad through partnerships, even as high fuel prices and a transaction-minded administration stand to shake up the domestic industry.
Stock Rally Falters as Investors Eye Inflation | Open Interest 5/18/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks fall as bond yields stay near multiyear highs. NextEra strikes the biggest power deal ever, SpaceX’s mega IPO fuels Wall Street FOMO, and Nvidia nears a potential $6 trillion inflection point. Plus, MIAX CEO Thomas Gallagher and Ramaco CEO Randall Atkins joined Bloomberg Open Interest with a deep dive into AI power demand, retail futures, and America’s rare earths race. (Source: Bloomberg...
NPR trims jobs in newsroom overhaul as it confronts era without public funding
NPR is offering buyouts to journalists as it overhauls its newsroom, with the threat of layoffs to follow. Two recent gifts totaling $113 million are primarily dedicated to NPR's tech infrastructure.(Image credit: Bloomberg via Getty Images)