Iran warns U.S. of Hormuz ‘red line,’ says it will retaliate to Trump’s strike threats
Trump warned that the U.S. will target Iranian infrastructure next week if negotiations do not resume.
UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
The healthcare giant is working to stabilize margins by shrinking membership, exiting unprofitable contracts and pouring $1.5 billion into AI.
TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77%
TSMC announced a second-quarter profit, following its June revenue figures released earlier this week.
U.S. slaps 25% tariff on most Brazilian goods over 'unfair trade practices'
A separate U.S. probe into forced-labor enforcement could see an additional 12.5% duty on Brazilian goods on top of the 25%, with the decision due next week.
Ukrainians take to the streets after Zelenskyy ousts defense minister in surprise shake-up
Ukrainian protesters took to the streets of Kyiv on Thursday, decrying Zelenskyy's surprise decision to dismiss Defense Minister Mykhailo Fedorov.
Trump's pick to head national intelligence, Jay Clayton, won't tell senators Biden won the 2020 election
The Senate Intelligence Committee is considering Jay Clayton's nomination to be the director of national intelligence.
Trump blasts New York AI data center moratorium, says state should change policy 'immediately'
New York became the first state in the U.S. to impose a ban of its kind when the governor signed the executive order Tuesday.
Fed Chairman Warsh says he meets 'often' with Trump administration, defends independence
Kevin Warsh said Wednesday that he speaks with Treasury Secretary Scott Bessent frequently outside their regular weekly meetings.
Anthropic moves closer to mega-IPO as bankers line up investor meetings
Anthropic is lining up investor meetings ahead of a potential IPO as soon as October as the AI startup behind looks to beat rival OpenAI to the public markets.
$100 million New Jersey deli fraud defendant Patten wants no prison time despite past conviction
James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
The latest edition of the Fed's Beige Book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.
United earnings top estimates but airline expects $6 billion in added fuel costs
United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
Public Service Loan Forgiveness has new rules — 3 changes borrowers should know about
Recent changes to Public Service Loan Forgiveness should prompt borrowers to confirm that their repayment plan and loan type remain eligible for the relief.
Ex-Fed advisor gets over three years in prison for lying about China ties
The case marks one of the most prominent U.S. prosecutions alleging Chinese intelligence targeting of U.S. institutions, as Trump intensifies its pursuit of foreign economic espionage.
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.
Foreign investors sweeten on Indian government bonds as equities see a sell-off
The Indian government bond market is drawing interest from foreign investors as it readies for a likely inclusion in Bloomberg index.
Jim Cramer says he needs 'cold hard' proof that AI is paying off
CNBC's Jim Cramer said he’s looking for companies to start showing measurable financial returns from their AI investments.
J&J falls despite a beat-and-raise quarter. Why we're raising our price target anyways
Johnson & Johnson's quarter was imperfect, but enough is going right to validate our ownership of the stock.
Catching up in the AI race? India gets its second AI unicorn in a month
Two Indian AI startups have become unicorns in a month, which has raised hopes that the country could shed its reputation as an AI laggard.
Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
The technological rivalry between China and the U.S. has intensified, as they race for AI dominance.
Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains.
SpaceX stock sinks below $135 IPO price for the first time
SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100
Kalshi traders see gas prices crossing $4 by end of July
Like last month's average, Kalshi traders see gas prices surpassing $4 by the end of July.