Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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CNBC Daily Open: ECB heads for a hike amid Iran energy price pressures
The European Central Bank is expected to make its first interest rate hike in nearly three years amid increasing inflationary pressure due to the Iran war.
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Mercedes-Benz joins Europe’s defense push with anti-drone vehicle deal
Mercedes becomes the latest European carmaker to turn to the defense industry in the hope that partnerships can revive the auto industry’s ailing fortunes.
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KKR says AI productivity boom to keep on going — but warns of ‘extreme’ trend not seen since the 19th century
KKR said in its mid-year outlook Thursday that AI will drive economic growth for years to come, but only in specific sectors.
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Investors brace for a ‘long grind’ as Iran war escalation dims hopes of an early end
As U.S. and Iranian forces continue exchanging strikes, investors are increasingly grappling with the possibility that the conflict could become more prolonged.
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OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.
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CNBC Daily Open: Trump expresses ‘love’ for inflation print and anger at Iran
U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.
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Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows
Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran.
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Inside India newsletter: Hollywood is debating AI. India’s filmmakers are embracing it
Even as Hollywood remains the world’s most influential storyteller, experiments in AI filmmaking are increasingly happening in India.
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Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend
Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia from Singapore.
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Jim Cramer says one of SpaceX’s biggest risks is this group of investors
CNBC’s Jim Cramer said one of the biggest risks facing the SpaceX IPO is speculators who may rush to sell shares shortly after the stock begins trading.
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