Tag: business news
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Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a “pre-emptive measure” to maintain inflation within the government’s target range of 1.5% to 3.5%.
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Trump says Iran deal could be reached in ‘two or three days’ and Strait of Hormuz will reopen ‘immediately’
Speaking to reporters after attending the NBA Finals in New York, Trump said the two parties are in the final stages of a “very, very good deal”.
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Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network.
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BlackRock says ‘mega forces’ are changing investing. Here’s what they say to do
Investors may need to rethink the most basic principles of portfolio management as AI changes the rules, according to BlackRock.
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Oil prices may hit $150 per barrel soon if Iran war continues, energy economist says
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuOil could hit $150 per barrel within the next couple of months if the fighting in the Middle East continues, as inventories are
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Asia chip-linked shares recover after U.S. peers bounce back
In the U.S., chip stocks powered gains on Monday, helping the S&P 500 gain 0.3%, while the tech-heavy Nasdaq Composite advanced 0.86%.
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Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
Perplexity CEO Aravind Srinivas’ comments come after AI giant Anthropic confidentially filed to go public.
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Trump booed at Madison Square Garden before Knicks, Spurs finals game
Trump’s decision to attend Game 3 of the NBA Final was controversial for Knicks fans, some of whom feared he would jinx what has been an epic playoff run.
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USDA Secretary Rollins calls Texas ag chief ‘unserious’ amid screwworm threat
Texas Agriculture Commissioner Sid Miller lost his bid for a fourth term in a March Republican primary, despite Trump’s endorsement.
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Jim Cramer warns key pillars of the bull market are beginning to crumble
CNBC’s Jim Cramer said that he’s becoming more cautious on stocks after several pillars of his bullish outlook have come under pressure.
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