Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers
The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.
SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback
Shares of SK Hynix surged over 12% in Seoul after the company announced a massive stock buyback.
Bessent moves to curb Treasury yields, putting new pressure on Warsh's Fed
Treasury's move to buy back more long-term debt cooled a bond selloff, but economists warn it could raise new inflation and independence questions for the Fed
China is defying the global bond yield surge, boosting its diversification appeal
Chinese government bond yields have remained low amid a global surge.
Cancer vaccine from Moderna, Merck shows promise in late-stage trial; both stocks soar
The combination regimen significantly extended the time patients lived without their melanoma returning, compared with Keytruda alone.
U.S. government debt passes $40 trillion, more than doubling in a decade
Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge
Rising memory chip costs are reshaping the world's second-largest smartphone market as Chinese brands become expensive, improving the value proposition for Samsung and Apple.
Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains
Shipments of semiconductor equipment posted a massive 49.1% jump in value, reflecting continued demand, boosted by the artificial intelligence boom.
Treasury doubles debt buybacks as Bessent moves to steady bond market
The announcement targets the sensitive longer-duration part of the Treasury market.
Call-buying bonanza around Trump's Hyperliquid comments includes some eyebrow-raising trades
President Donald Trump hinted that regulation may be in the works for Hyperliquid. Interesting trading activity followed.
Hyundai's new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S.
Trump touted a deal to avert new tariffs on Canada. Here's what we know so far
Trump's new tariffs on about $20 billion worth of Canadian goods were set to take effect Wednesday, but were postponed by three days.
OpenAI 'will be a public company in 2027' or sooner, CFO Friar tells employees
In an all hands meeting, Friar told employees not worry about rival Anthropic's IPO timeline.
Trump bemoans Fed interest rate policy, says U.S. should be paying much less
As he has done in the past, Trump accused Fed officials of having political motives.
Asia's hydrogen dreams: Region bets on emerging green technology to improve transportation
Asia’s hydrogen train push may be less about rail and more about building a broader hydrogen economy.
Stripe to buy OpenRouter as fintech expands deeper into AI
Stripe said it's acquiring OpenRouter, as the payments company expands into the artificial intelligence model market.
Where we stand on Broadcom after Marvell muscles in on its key customer Google
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Fed officials saw need for rate hike if inflation doesn't cool, minutes show
The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.
Yields pull back from multi-year highs after Treasury Department says it will double government debt repurchase size
Longer-term U.S. Treasury yields pulled back on Wednesday after the Treasury Department announced an upscaled buyback operation of the nation's debt.
DOJ cites Comey's novel in urging judge not to toss ‘86 47' seashells threat to Trump case
"There is no serious dispute that an objective viewer of Comey's post could read it to mean 'Kill President Trump,'" prosecutors said.
Treasury, IRS move to restrict refundable tax credits to certain immigrants
The move would likely impact hundreds of thousands of immigrants who have Social Security numbers and have received authorization to work in the U.S., experts said.
Meta's legal troubles has options traders eyeing the 'jade lizard'
One of the many beauties of options trading is the ability to make money on a rangebound stock. Shares of Meta Platforms are presenting that opportunity right now.
Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters
The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash.
Nvidia plays matchmaker in Nordics, sources tell CNBC, as AI data center deals boom in region
Nvidia is trying to connect GPU customers with Nordic data-center operators as cheap power and available land fuel the region’s AI infrastructure boom.