US News -

US News

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Mortgage rates are easing slightly, but homebuyers are retreating

TazaPulseJune 3, 2026

Prospective buyers depart an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images Mortgage rates finally eased a bit last week, but it was not enough to light a fire under demand. Total mortgage application volume dropped 2.5% compared with the previous week, according to...

OpenAI’s Altman to meet with lawmakers, Trump officials in D.C.

TazaPulseJune 3, 2026

Sam Altman speaks during CNBC’s ‘Power Lunch’ on June 1, 2026. CNBC OpenAI CEO Sam Altman is meeting with lawmakers in Washington, D.C., on Wednesday, including officials involved with the executive order on artificial intelligence that President Donald Trump signed this week. Altman will meet with members of the Trump administration at the White House,...

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ADP jobs report May 2026: Payrolls increase by 122,000

TazaPulseJune 3, 2026

Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday. The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in April and better than the Dow Jones consensus estimate for 110,000. May marked the strongest month since January 2025....

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Meta Business Agent is Zuckerberg latest effort to diversify from ads

TazaPulseJune 3, 2026

Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta’s effort to push beyond ads and to make money from artificial intelligence is now targeting the red-hot market of AI agents. The company said Wednesday that a new Meta Business Agent feature...

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Europe unveils tech sovereignty package amid U.S. tech reliance concerns

TazaPulseJune 3, 2026

The European Commission on Wednesday proposed a slew of new rules intended to bolster homegrown chips, AI and cloud services as the bloc scrambles to develop tech sovereignty amid huge reliance on products and services from the U.S. and China. The proposals, which must be approved by all 27 member states, include new actions to...

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Sam Altman to attend G7 after Macron invitation, OpenAI tells CNBC

TazaPulseJune 3, 2026

OpenAI chief Sam Altman will be attending the G7 conference in France later this month, CNBC has learned, as President Emmanuel Macron steps up efforts to court tech leaders across the globe in support of the country’s AI ambitions. France is hosting 2026’s G7 conference — an annual meeting of heads of state or government...

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Trump says Iran agreed to not have nuclear weapons, but ‘they can change their mind’

TazaPulseJune 3, 2026

President Donald Trump takes questions from reporters during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win Mcnamee | Getty Images The Iranian regime has agreed not to have nuclear weapons, President Donald Trump told the New York Post’s “Pod Force One” podcast — but...

Democrats aren’t focused on Trump impeachment ‘at this moment’

TazaPulseJune 3, 2026

House Minority Leader Hakeem Jeffries speaks during the CNBC CEO Council Summit in Washington on June 2, 2026. CNBC House Minority Leader Hakeem Jeffries said Tuesday that Democrats are not focused on impeaching President Donald Trump if they regain a majority next Congress, at least “at this moment.” Jeffries, at the CNBC CEO Council Summit...

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Microsoft unveils new AI models lessen reliance on OpenAI, lower costs

TazaPulseJune 3, 2026

Microsoft CEO Satya Nadella attends the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis Balibouse | Reuters Microsoft has been a major player in the artificial intelligence boom, providing key cloud infrastructure and services and taking multibillion-dollar equity stakes in OpenAI and Anthropic. Now the company is making a concerted effort...

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The last time the S&P 500 rose this rapidly — outside of recession periods — was before the 1987 crash

TazaPulseJune 2, 2026

The speed of the market’s run-up in the last two months is worrying investors it could overheat soon. The S & P 500 was up more than 16% over April and May, a magnitude that’s only happened in four other instances since World War II, Deutsche Bank Research found. Three of those cases were a...