Tag: breaking news
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Trump targets Iran’s trade lifelines — here are the countries most exposed
Washington’s threat of “economic D-Day” collides with a small group of governments that account for most of what remains of Iran’s foreign trade.
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Anthropic IPO filing will show AI backlash as a risk factor, sources say
Anthropic is poised to debut on the stock market at a time when the public is increasingly upset about data centers and is fearful about AI taking jobs.
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Bessent says Treasury buyback operation could be more than $4 billion
Bessent said his department is going “make a market” in the longer-dated securities where yields have been surging lately.
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Humanoid robots’ ‘ChatGPT moment’ could be 10 years away, Unitree founder says
Unitree founder Wang Xingxing says humanoid robots could take up to 10 years to reach a breakthrough comparable to ChatGPT.
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Trump says Iran’s economy is collapsing. A former central bank adviser in Tehran pushes back
Iran’s economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran’s central bank told CNBC.
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U.S. government debt passes $40 trillion, more than doubling in a decade
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu The total U.S. government debt reached $40.05 trillion as of Tuesday, according to the Treasury Department. Treasury reported a $432.3
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Trump bemoans Fed interest rate policy, says U.S. should be paying much less
As he has done in the past, Trump accused Fed officials of having political motives.
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Fed officials saw need for rate hike if inflation doesn’t cool, minutes show
The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.
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Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict
The attack caused damage to the engine room and resulted in a crew casualty, UKMTO said, adding that the remaining crew were being assisted by the Omani Coast Guard.
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China’s economy slows further in July as retail sales barely grow, investment slump steepens
The data is reinforcing concerns about the health of the world’s second-largest economy, which has grappled with a deepening supply-demand imbalance.
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