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Hedge funder Brian Kelly built Bracket22 to be powered entirely by AI

Hedge funder Brian Kelly built Bracket22 to be powered entirely by AI

Hedge-fund manager Brian Kelly has his staff working 24/7, yet his payroll costs are a fraction of what they once were. That’s because Kelly — who previously ran a cryptocurrency hedge fund — created his new trading firm, Bracket22, to be powered entirely by agentic artificial intelligence. “I used to have about seven or eight […]

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Where rental demand is heading and what it means for home sales

Where rental demand is heading and what it means for home sales

Buffalo, New York. Sean Pavone | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to

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U.S. defense, energy add to Detroit automakers rivalry

U.S. defense, energy add to Detroit automakers rivalry

The GM Defense Infantry Squad Vehicle was engineered to meet U.S. military specifications. It is based on the automaker’s off-road Chevrolet Colorado ZR2 midsize truck architecture. GM Defense DETROIT — General Motors and Ford Motor have rivaled each other for more than a century in racing, vehicle sales and many other automobile-related activities. But their

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WBNA Commissioner Cathy Engelbert to retire at the end of 2026

WBNA Commissioner Cathy Engelbert to retire at the end of 2026

WNBA Commissioner Cathy Engelbert talks to media during a press conference before the AT&T WNBA All-Star Game 2026 on July 25, 2026 at United Center in Chicago, IL. Melissa Tamez | National Basketball Association | Getty Images WNBA Commissioner Cathy Engelbert will retire at the end of 2026, the league announced on Friday. The decision

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Billionaire wealth reaches $15.1 trillion in 2025: Altrata report

Billionaire wealth reaches $15.1 trillion in 2025: Altrata report

View of the Golden Gate Bridge from Marin County Vicki Jauron, Babylon And Beyond Photography | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The ranks of

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Automakers urge Congress to quickly ban Chinese vehicles in U.S.

Automakers urge Congress to quickly ban Chinese vehicles in U.S.

A BYD Sealion 6 DM-i on display during the Busan International Mobility Show 2026 in South Korea, June 27, 2026. Sopa Images | Lightrocket | Getty Images DETROIT — Major automakers operating in the U.S. are increasing pressure on Congress to permanently ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and

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50% stock surge 'is the beginning of the momentum'

50% stock surge ‘is the beginning of the momentum’

A ChargePoint electric vehicle charging station in Hudson, New York, US, on Tuesday, Sept. 3, 2024. Angus Mordant | Bloomberg | Getty Images ChargePoint Holdings CEO Rick Wilmer believes a surge in the electric vehicle charging company’s stock Thursday is just “the beginning of the momentum,” he told CNBC. Shares of ChargePoint increased more than

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NFL's Rams and 49ers head to Australia in international expansion

NFL’s Rams and 49ers head to Australia in international expansion

The San Francisco 49ers and the Los Angeles Rams are heading to Australia, marking the longest-ever distance two NFL teams have traveled for a game. It’s all part of the league’s push to expand American football globally. A record nine international regular-season games will be played in 2026 – kicking off in Melbourne, the city’s

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