Author: Press Room

Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino.Courtesy: MonarchThe personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned.The fundraising is among the largest for an American consumer fintech startup this year and values the San Francisco-based company at $850 million, according to co-founder Val Agostino. The Series B round was led by Forerunner Ventures and FPV Ventures.Monarch aims to provide an all-in-one mobile app for tracking spending, investments and money goals. The field was once dominated by Mint, a…

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Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | ReutersThe Elon Musk-owned social media platform X experienced outages on Saturday morning, with tens of thousands of users reportedly unable to use the site.About 25,000 users reported issues with the platform around 8:45 a.m., according to the analytics platform Downdetector, which gathers data from users to monitor issues with various platforms.Roughly 21,000 users reported issues just after 8:30 a.m. ET, per the analytics platform.Read more CNBC politics…

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Major power outage hits the prominent film festival on its closing day and impacts 160,000 homes in the area.French police were investigating a possible arson attack as being the main cause for a power outage which hit the Alpes-Maritimes region in southern France, including Cannes which is hosting its world-famous annual film festival. “We are looking into the likelihood of a fire being started deliberately,” a spokesperson for the French national gendarmerie said on Saturday, adding that no arrests had been made at this stage. The local authority for the Alpes-Maritimes region had said earlier on Saturday that the western…

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There’s a provision tucked into President Donald Trump’s broadly ranging “big, beautiful bill” that could see Texas get billions of dollars in funds that it spent on the state’s border security under the Biden administration.The legislation earmarked $12 billion for a grant program allowing states to be reimbursed for costs they incurred trying to stem the flow of illegal immigration during the Democratic administration.The measure was added to the bill hours before the final vote – but Rep. Michael McCaul, R-Texas, the former chairman of the House Homeland Security and Foreign Affairs Committees, told Fox News Digital it was a…

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A cryptocurrency investor has been charged after he allegedly kidnapped an Italian former business partner and tortured him for two weeks — using a taser, chainsaw and other twisted methods — inside a plush New York City townhouse as part of a sadistic plot to steal passwords, according to police and reports. John Woeltz, 37, was seen cuffed wearing a robe and barefooted outside his pad in the SoHo neighborhood of Manhattan on Friday morning, shortly after his victim made a daring escape and called the police for help.Woeltz, who is understood to have had prior business dealings with the 28-year-old…

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After an election which saw the Conservatives campaign heavily on crime while the Liberals promised stricter measures for offences like violent car thefts, the new minority Liberal government has a stack of new crime policies to implement. Lisa Kerr, an associate professor at the Queen’s University law school, said the proposals are “all, generally speaking, in the direction of being tougher on crime, but in ways that are targeted to more serious offenders.”She said they will “likely still preserve discretion for Crown prosecutors and judges to respond in appropriate ways to individual cases.”The proposals include tougher bail and sentencing guidelines…

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Cristiano Ronaldo is in discussions to play at FIFA’s Club World Cup where Lionel Messi currently headlines the event.Cristiano Ronaldo is in “discussions” to play at FIFA’s inaugural Club World Cup this summer, according to the president of the sport’s global governing body. Gianni Infantino says the former Manchester United and Real Madrid forward might play in the tournament, which is being staged in the United States in June, because of a unique transfer window. Ronaldo’s Saudi Arabian club Al Nassr did not qualify for the tournament, but Infantino suggested that the Portugal star could switch to one of the…

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Where U.S. and Iran still stand apart on nuclear talks – CBS News Watch CBS News The U.S. and Iran ended talks with “some but not conclusive progress” on nuclear negotiations, according to an Omani mediator. But the countries still appear far apart, with the U.S. saying Iran cannot be allowed to enrich uranium for civilian use. Chris Livesay has the latest. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

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