U.S. strikes Iran after new Hormuz Strait shipping attacks: Centcom
The U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday, U.S. Central Command said in a social media post, after a pair of oil tankers came under attack in the critical shipping route. The strikes come after…
Crypto enters September with policy gamble hanging by a thread
The crypto industry heads into September with its biggest legislative bet hanging in the balance, and little confidence the proposed bill will make it past the finish line. The looming vote on the crypto market structure bill known as the Clarity Act is…
SB Energy IPO: AI data center play backed by Softbank, Nvidia, OpenAI
Tomohiro Ohsumi | Bloomberg | Getty Images SB Energy, the artificial intelligence power infrastructure company backed by Softbank, OpenAI and Nvidia, has filed for an initial public offering with the Securities and Exchange Commission. Among the risk…
Fed Governor Barr says he’ll support rate hike if inflation doesn’t ease
Federal Reserve Board Governor Michael Barr speaks about “Artificial Intelligence and the Labor Market» to the New York Association for Business Economics (NYABE) in New York City, U.S., Feb. 17, 2026. Brendan McDermid | Reuters Federal Reserve Governor…
Trump says U.S. growth could hit 20%, a rate seen once since WWII
U.S. Secretary of Commerce Howard Lutnick, U.S. Secretary of Health and Human Services Robert F. Kennedy Jr., and U.S. Center for Medicare & Medicaid Services (CMS) Administrator Dr. Mehmet Oz stand behind U.S. President Donald Trump, as he delivers…
10-year yield hits highest since January 2025
Traders work on the floor the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 2, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields increased on Tuesday, as renewed tensions in the Middle East drove global government…
Apple enters Ternus era as AI challenges and memory crunch intensify
When incoming Apple CEO John Ternus spoke to CNBC in late 2023, he was all about the technology. Custom chips, device battery life and memory architecture were among his primary interests. «If we build the right products with the right components within…
India rejects Hague ruling to uphold Pakistan water-sharing treaty
Two boys sit on the banks of the River Jhelum in Sopore, Jammu and Kashmir, India, on May 7, 2026. The Jhelum River flows through India and Pakistan under the framework of the Indus Water Treaty, with recent tensions and border conflicts bringing renewed…
Nvidia $3.5 billion deal boosts MediaTek shares 10%
MediaTek CEO Rick Tsai (R) talks with Nvidia CEO Jensen Huang (left) during a keynote speech for Computex 2025 at the Taipei Nangang Exhibition Center Hall in Taipei on May 20, 2025. I-hwa Cheng | Afp | Getty Images Shares of MediaTek closed 10% higher…
Japan borrowing costs hit 30-year high as Bessent steps up pressure
A man walks past an electronic quotation board displaying 10-year Japanese government bonds (L), an index of long-term interest rates on the Tokyo bond market, and the foreign exchange rate of the Japanese yen against the US dollar (C) along a street in…