Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
Mortgage rates finally stop rising, causing demand to trickle back
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.
CoreWeave surges 18% in premarket after a 'cleaner quarter.' Here's what's happening
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.
Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes container ship
A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.
Meta and Nvidia plant 'very firm flag' in open-weight AI race led by Chinese Labs
With China way ahead in the market for open-weight models, Meta and Nvidia are both doing what they can to put the U.S. on the map.
New York City Council announces probe into prediction market platforms’ marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.
'Tougher times ahead': Don't expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half
Norway's sovereign wealth fund, the largest of its kind, is an investor in around 1.5% of the world's listed companies.
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.
Hong's defeat in Wisconsin deals blow to rising Democratic socialists
Progressive Democrats keep their winning streak rolling in Minnesota.
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.
Google’s new AI boss inherits a race to catch OpenAI and Anthropic
Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.
Scorching heat is straining Europe's nuclear power supplies — and prompting drastic measures
Heat and drought are curbing nuclear output across Europe, with Romania facing a possible reactor shutdown and France reducing generation.
Cramer says ask yourself these 3 questions to figure out what's really happening in the market
CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.
We're lifting our price target on Cardinal Health after issuing rosy profit guidance
The quarter wasn't totally clean, but strong profitability matters the most.
Why the historic U.S.-Japan intervention has failed to halt the yen’s slide
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.
Parents could put pretax paycheck money into Trump Accounts, with employers matching, Treasury says
The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's Trump Account directly from their paycheck.
Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.
AI agents' 'alarming' hacking skills creates rush to spend on cybersecurity
AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity
Longtime OpenAI executive Brad Lightcap leaves as shake-up at AI lab continues
Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shake-ups at the company.
AI computing power is becoming a tradable asset class as CME launches futures contracts
The exchange is partnering with Silicon Data to introduce two compute futures contracts on Oct. 5, pending regulatory review.
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
The first three-plus years of the AI build-out have been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.