Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.
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CNBC Daily Open: Losing the dot plot
Kevin Warsh made a splash at his debut meeting as Federal Reserve chairman, as a more hawkish stance spooks both stocks and bond markets.
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China to return as a major oil buyer in August, JPMorgan says, naming its top stock picks
The pullback in oil imports by the world’s largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.
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Why Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
Foreign governments, Wall Street banks and multinational companies are flocking to China’s panda bond market.
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Treasury 2-year yield post-Fed spike ‘exaggerated’ or is there room for more? Strategists weigh in
Markets pushed up short-term Treasury yields after Kevin Warsh’s first Fed meeting, though strategists disagreed on whether the move signals a lasting shift toward tighter policy.
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Google Gemini co-lead Noam Shazeer leaves for OpenAI
Google’s vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.
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India’s largest stock exchange files for IPO as mega-listings gather pace
India’s largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.
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Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Oil declines as Mideast peace prospects rise following U.S.-Iran deal.
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CNBC Daily Open: Warsh’s Fed debut and Iran-U.S. deal in focus
Kevin Warsh chaired his first Fed meeting, sending stocks lower while Trump reportedly signed the deal with Iran.
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Inside India newsletter: Anthropic curbs ignite AI debate in India — efforts ‘too slow, way too small’
India’s ambitions of becoming a global AI innovation powerhouse by building applications on top of foreign foundational models are being challenged.
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