The Biden administration’s steadfast support of Israel in its war against Hamas in Gaza has cost him tremendous political capital internationally, according to one high-profile geopolitical commentator. Washington’s stated unconditional backing of Israel — politically, financially, and militarily — has been a longstanding pillar of its Middle East foreign policy. …

Thilina Kaluthotage | Nurphoto | Getty Images Meta said Wednesday evening that the personal calls and chats of every Messenger user will be encrypted by default, representing a major privacy update that makes the service more similar to its sibling WhatsApp. Because of the encryption technology “nobody, including Meta, can …

BEAUJOLAIS, FRANCE — “There are few things in life that can’t be enhanced by a fine wine,” reads a translation of a sign in Villefranche-sur-Saône, Beaujolais, as the French wine region marks its new season. That’s a motto that’s increasingly being applied to investments, as oenophiles and investors alike seek …

YANTAI, CHINA – DECEMBER 5, 2023 – A large number of Chinese-made cars are ready to be loaded for export at Yantai Port in Yantai, Shandong province, China, Dec 5, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images BEIJING — …

Amazon CEO Andy Jassy told CNBC’s Jim Cramer how the company has been able to increasingly carry out same-day orders. Amazon changed its U.S. fulfillment network from a “flat regional network” to eight regional hubs, reconfiguring its placement algorithms to get items closer to customers, he said. He added that …

Morsa Images | Digitalvision | Getty Images Current SSI asset limits ‘lock people in poverty’ Current SSI asset limits are extremely low — $2,000 for individuals and $3,000 per couple. Those thresholds apply to all kinds of assets, including cash, bank accounts, investments and household goods. Beneficiaries who go over …

Residential buildings under construction at China Vanke Co.’s Isle Maison development in Hefei, China, on Monday, Nov. 27, 2023. China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance for property sector pain is nearing its limit. Source: Bloomberg Bloomberg | Bloomberg | …

“It’s not just ‘the robots are coming’ and we need to hunker down and prepare for it. The choices we make along the way will determine the impacts,” Department of Labor Acting Secretary Julie Su said about AI and workers at the CNBC Work Summit. Yuichiro Chino | Moment | …

U.S. President Joe Biden gestures as he delivers remarks on aid to Ukraine from the White House in Washington, U.S., December 6, 2023.  Kevin Lamarque | Reuters The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt, for 80,300 borrowers. The relief is …

IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed a pandemic-era tax break as the agency continues its crackdown on “dubious” filings. Created to …