Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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U.S. Treasury yields inch lower as investors digest hot inflation data
U.S. Treasury yields declined on Friday as investors weighed hotter-than-expected inflation data for the week and Fed Chairman Kevin Warsh’s latest comments.
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SpaceX policy manager set to testify as part of NYC Council AI safety investigation
SpaceX is sending its head of global government affairs for AI, Gabriela Castillo Madrid, to testify before the New York City Council.
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Trump says he won’t use nuclear weapons or send ground troops to Iran
Trump said he would not use nuclear weapons against Iran or send ground troops as the U.S. reportedly weighs new strike options.
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Marco Rubio to visit Indian billionaire Ambani’s refinery in Gujarat as U.S. diesel prices surge
Not only is Ambani’s Reliance investing in a U.S. refinery and buying Venezuelan oil, but its strong ability to supply diesel has put Jamnagar on the map during Rubio’s visit.
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The IPO drought is driving private equity-owned companies to the debt market to pay investors
Private equity firms are increasingly using debt-funded dividend recaps to return cash to investors as exits remain subdued.
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One Singapore ship was sunk, but here’s why others are still transiting the Strait of Hormuz
Singapore vessels are set to continue navigating the perilous Strait of Hormuz despite attacks on two container ships, said maritime experts.
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Fed’s Warsh says AI path will be ‘very bumpy’ but ultimately ‘very good’ for wealth
Warsh said he’s optimistic that AI will make economies that use it well more productive and wealthier, warning the road there will be “very bumpy.”
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Hybe shares jump 10% as K-pop sensation BTS’ tour lifts earnings hopes
BTS’ world tour and rising global demand for newer K-pop acts are fueling earnings expectations, sending Hybe shares soaring.
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Russia returns to G20 table in Bangkok on U.S. invitation that angers Europe
Russia’s return to the G20 table has tested how far Washington’s outreach to Moscow will strain ties with European allies.
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Order to limit Starshield for Ukraine came from inside White House: Reuters reports
Officials say the White House ordered temporary limits on Ukraine’s Starshield service, affecting drone operations amid rising U.S.-Kyiv tensions.
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