Tag: United States
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Iran-backed Houthis seize key port in Yemen, advance on another vital oil choke point
The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.
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U.S. diesel price tops $6 per gallon, a record high as Ukraine and Iran wars ripple through economy
U.S. diesel prices hit their highest level ever as fuel supply disruption stemming from the Ukraine and Iran wars lifts transportation costs.
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A Chinese humanoid startup flips ‘distillation’ claim on OpenAI as it releases a new robotics model
Ant-backed startup JoyIn’s CEO published an article in Chinese that raised questions about similarities between his company’s new model and OpenAI publications.
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CNBC Daily Open: ‘Welcome to Foldables’ Samsung roasts Apple for being late to party
Samsung trolls Apple’s foldable debut; oil back above $100, pushing the Fed toward a hike next week.
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Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot
Chinese AI chipmaker Enflame, an Nvidia rival and one of China’s “four little dragons,” made its Shanghai market debut.
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Bessent says ‘a large bank’ will be sanctioned on Monday as part of Iran strategy
U.S. Treasury Secretary Scott Bessent said that a large bank would be sanctioned next week.
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Commentary: The end of the ‘win-win’ era
In these zero-sum times, the sunny optimism of the post-cold war phrase seems a quaint and distant memory, says Leo Lewis for the Financial Times.
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9/11: The inside story of the restaurant workers on the top floor, 25 years on
Twenty-five years ago, 73 employees of the top-floor restaurant in the World Trade Center’s North Tower were trapped and left fighting for their lives on 9/11. Many of them were Asian migrants, seeking a better future. This is their story.
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The 10-year Treasury yield is approaching 5%. What it means for income-seeking investors
Some great income-generating opportunities are emerging as bond yields move higher.
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AI is losing its stranglehold on the U.S. stock market. Here’s why
A key tech-stock volatility metric options traders have been watching all year is reversing.
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