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AAron Ontiveroz/The Denver Post via Getty ImagesCollege commencement is a time of optimism for newly minted graduates. But this year, there’s also more uncertainty about the economy and employment — and grads in some unexpected majors may find they have a leg up.Majors in nutrition, art history and philosophy all outperformed STEM fields when it comes to employment prospects, according to a recent analysis of labor market outcomes of college graduates by major by the Federal Reserve Bank of New York.For computer science and computer engineering, the unemployment rate in those fields was 6.1% and 7.5%, respectively — notably higher…
Mike Novogratz’s crypto firm Galaxy Digital started trading on the Nasdaq on Friday under the ticker GLXY. The stock opened at $23.50 per share on the U.S. exchange.Galaxy Digital, which has been traded on the Toronto Stock Exchange since 2020, shifted its shares to the Nasdaq through a direct listing — a move that follows a grueling, multiyear battle with U.S. regulators.Novogratz told CNBC’s “Squawk Box” on Friday that Galaxy’s value now hinges on two high-growth areas: crypto and artificial intelligence.”These are the two most exciting growth areas in markets, right. AI and the infrastructure needed for AI to exist…
Lisa Su has been the CEO of Advanced Micro Devices (AMD) for 10 years, taking the company from a struggling chipmaker to a $190 billion artificial intelligence powerhouse — and boosting her net worth to $1 billion in the process.The turnaround wasn’t easy, but Su faced the challenge head on, she said during a commencement speech at Rensselaer Polytechnic Institute on May 10. The best piece of career advice she ever received was to “run towards the hardest problems,” said Su, 55. “That’s where you find the biggest opportunities, where you learn the most, where you set yourself apart, and…
Chelsea are interested in signing United States teenager Lily Yohannes this summer, sources have told ESPN.The reigning Women’s Super League (WSL) champions have held an interest in the 17-year-old for some time, sources said, but no formal offer has been made yet due to the midfielder’s age.Yohannes, who plays for Dutch side Ajax, turns 18 on June 12. She has one year left on her contract, which runs until 2026.She faced Chelsea in the quarterfinals of last season’s Champions League, when the club was still under the management of now-USWNT head coach Emma Hayes.Lily Yohannes has drawn interest from Chelsea. Brad…
Andersen Ross Photography Inc | Digitalvision | Getty ImagesWall Street is warning that the U.S. Department of Education’s crack down on student loan repayments may take billions of dollars out of consumers’ pockets and hit low income Americans particularly hard.The department has restarted collections on defaulted student loans under President Donald Trump this month. For first time in around five years, borrowers who haven’t kept up with their bills could see their wages taken or face other punishments.Using a range of interest rates and lengths of repayment plans, JPMorgan estimated that disposable personal income could be collectively cut by between…
In terms of the quality he has, he would deserve more playing time at this football club or the club he’s playing for, because he has the quality to play for us. But unfortunately for him, he’s in competition with Mo Salah when it’s about the right-wing. And I think he could also play as a left-winger but there’s Cody Gakpo and Lucho [Luis] Diaz. I don’t think I’m wrong if I tell you that these three have had a great, great, great season. And for him starting one or two or maybe even three nil down because the moment…
China News Service | China News Service | Getty ImagesThe Trump administration’s trade truce with China that paused the steepest tariffs on Chinese goods isn’t offering much of a reprieve to many importers. Stacking of multiple tariff layers already implemented during the trade war has pushed up costs to import retail goods much higher than the 30% associated with the tentative agreement.”While companies are relieved to see a temporary pause from the incredibly high tariffs on goods from China, retailers are still facing very high tariffs that will have an impact on prices and supply,” said Josh Teitelbaum, senior counsel…
A woman walks in an aisle of a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | Afp | Getty ImagesU.S. consumers are becoming increasingly worried that tariffs will lead to higher inflation, according to a University of Michigan survey released Friday.The index of consumer sentiment dropped to 50.8, down from 52.2 in April, in the preliminary reading for May. That is the second-lowest reading on record, behind June 2022.The outlook for price changes also moved in the wrong direction. Year-ahead inflation expectations rose to 7.3% from 6.5% last month, while long-term inflation expectations ticked up to 4.6%…
Nottingham Forest striker Taiwo Awoniyi is out of his induced coma and recovering well in hospital following urgent abdominal surgery.The Forest striker suffered a ruptured intestine after colliding with a goalpost in Sunday’s 2-2 draw with Leicester.Awoniyi received lengthy treatment after the injury but then attempted to play on despite being in clear discomfort.He was rushed to hospital on Monday evening after further investigations by Forest’s medical staff revealed just how serious his condition was.The striker’s condition then worsened, which led to him being taken into surgery on Monday, after which he was put in his induced coma to help…
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of recent U.S. export curbs.”We are not sending any GPU designs to China to be modified to comply with export controls,” a spokesperson said in a statement to CNBC.A source familiar with the matter told CNBC that the company is leasing new space for current employees, but is not sending any IP or GPU designs there. The source said this is a continuation of the company’s longstanding presence in…