The base model—without thrusters or the flight system—will likely cost several times that amount to buy. “I’m going to do everything in my power to get the flying one,” says one customer.
Business & Economy
The U.K. Chancellor of the Exchequer, John Healey, faces a difficult balancing act as he prepares to unveil his Autumn Budget: raising revenue while reassuring investors about the state of Britain's public finances. Investors will be watching closely to see how he plans to fund government spending amid persistent inflation and shrinking fiscal headroom. CNBC's Ian King reports.
Business & Economy
John Healey delivers his first U.K. Budget with less fiscal room, higher spending pressures and bond investors pushing for less borrowing and more growth.
Technology
Meta is selling about $35bn of common and convertible preferred stock to fund AI, and says Nvidia, AMD and Broadcom may buy up to $5bn of the shares.
Business & Economy
Families are turning to homemade costumes, swaps and second-hand outfits to keep it affordable.
World News
The chancellor will unveil AI spending aimed at shoring up the UK's defences in Wednesday's Budget.
Property & Real Estate
Australia’s housing affordability crisis has spread well beyond mortgages, with new research showing households are skipping medical care and turning to credit to survive.
World News
What AI spending slowdown? Meta’s chief executive is more bullish than ever on his plans, which should reassure investors who must pour billions more into the neocloud.