Wealth

AI is creating new billionaires at a record pace

Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei,Getty Images | CNBCA 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.Artificial intelligence startups have minted dozens...

News

Sinclair is exploring merger options for its broadcast business

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Andrew Harrer | Bloomberg | Getty ImagesSinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, the company said Monday.The company...

Investing

Lithium stocks surge after Chinese mine suspends production

Sopa Images | Lightrocket | Getty ImagesLithium stocks surged Monday on reports that battery maker Contemporary Amperex Technology, CATL, suspended production at a mine in China that plays a key role in supplying the global market.Shares of U.S. miner Albemarle, based in Charlotte, North Carolina, jumped 7% to close at...