Business / Finance
Asia markets trade mixed as investors weigh Trump’s ceasefire warning
Asia-Pacific markets trade mixed as investors weighed fresh doubts over the fragile U.S.-Iran ceasefire.
Trump puts Taiwan arms sales, Hong Kong jailed activist Lai on agenda ahead of meeting with Xi
Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai would be among the issues at the summit in Beijing.
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
General Motors is laying off hundreds of salaried employees in its information technology operations.
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
Elon Musk named Microsoft as a defendant in his lawsuit against OpenAI
CNBC's The China Connection newsletter: Trump and Xi face a test over AI control
The stakes for AI security have risen sharply in the runup to the first trip to China by a sitting U.S. president in nearly a decade.
Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'
Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.
Redistricting war isn't over, Democrats say as Jeffries calls a meeting this week
Democrats are vowing to fight on after being dealt a series of blows in the partisan fight to redraw congressional maps ahead of the 2026 midterms.
'A big nothing burger': A Q&A with Strategy's Michael Saylor on selling bitcoin
Michael Saylor sat down with CoinDesk on selling bitcoin for dividends, retiring debt with STRC proceeds, and why critics who say Strategy buys the weekly top are missing the poin…
April home sales disappoint as higher mortgage rates weigh on buyers
Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.
OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'
The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.
'I don’t think that’s crazy': Here is why Circle is betting on new $3 billion blockchain
The USDC stablecoin issuer is betting Arc can become Wall Street’s blockchain rail for payments and tokenized finance, though analysts still see it as speculative.
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Before joining Redwood Materials, Ahuja served as chief financial and business officer at the drone delivery startup Zipline for about three years.
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.
Parabolic AI rally has bulls eyeing a comeback for this one-time meme metal trade
Silver prices surged 7% Monday to the highest since March.
Trump, congressional Republicans float suspending federal gas tax amid Iran war
Voters are souring on Trump's economy ahead of the 2026 midterm elections, and high gas prices are only adding to consumer discontent.
Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO
The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public lis…
A beat-and-raise is key for Qnity — plus, high stakes for CEOs on Trump China trip
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
Oil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said.
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
Trump invited Tesla's Elon Musk, Apple's Tim Cook and Blackrock's Larry Fink to join his China trip for talks with Xi Jinping on trade, AI and geopolitics.
Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group
Anchorage Digital co-founder and CEO Nathan McCauley said there will be ‘increased neutrality’ from his firm on stablecoins.
Hantavirus cases spark brief surge in pharma and biotech stocks — here’s why trading is so volatile
The outbreak of Hantavirus on a cruise ship has led to biotech and pharmaceutical stocks surging on reports of firms developing vaccines.
Why the TradFi takeover of crypto might not be the death blow analysts expect
Gate’s CBO argues that Bloomberg’s warning of a TradFi takeover is "oversimplified," noting that global exchanges evolved past fee-only models years ago.
Traders are treating this legacy tech giant like the next 'meme' stock
Options traders might have found a new big tech favorite ahead of this week's earnings.