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India’s largest stock exchange files for IPO as mega-listings gather pace
India's largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.
CNBC
2 minutes ago
Apple to raise prices as AI pushes up chip costs
The firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.
Bbc.com
29 minutes ago
Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Oil declines as Mideast peace prospects rise following U.S.-Iran deal.
CNBC
1 hour ago
Inside India newsletter: Anthropic curbs ignite AI debate in India — efforts 'too slow, way too small'
India's ambitions of becoming a global AI innovation powerhouse by building applications on top of foreign foundational models are being challenged.
CNBC
2 hours ago
Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
CNBC
3 hours ago
CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
CNBC
3 hours ago
'We had to get out of the way': The backlash over delivery robots
As the delivery vehicles increasing take to US streets, bans and protest groups are springing up.
Bbc.com
4 hours ago
Interest rates expected to be held by Bank of England
The Bank last cut interest rates in December but upheaval in the Middle East has stalled any further reductions.
Bbc.com
4 hours ago
Fed holds rates steady, pares down statement to remove cutting bias
The Federal Reserve on Wednesday released its interest rate decision.
CNBC
5 hours ago
Defense contractors would be barred from buying back their stock in bill approved by Senate panel
A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.
CNBC
5 hours ago
JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale
JetBlue is planning to cut some employee bases at Newark Liberty International Airport in New Jersey and tech bases at New York's LaGuardia Airport.
CNBC
5 hours ago
Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.
CNBC
6 hours ago
The market didn't like what it heard from the Fed and its new leader Kevin Warsh
The S&P 500 closed down 1.2%, as bond yields rose.
CNBC
6 hours ago
CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
Tech leaders and heads of state, including President Donald Trump, joined a meeting about AI standards at the G7 Summit.
CNBC
6 hours ago
Federal Reserve holds rates steady but signals possible hike before year’s end
Open markets committee says ‘economic activity is expanding at a solid pace’ in first meeting under new chair Kevin WarshUS stock markets dropped on Wednesday afternoon after the Federal Reserve left interest rates unchanged and signaled a possible rate hike before the end of the year.The Fed was widely expected to keep rates at a range of 3.5% to 3.75%, where they have remained since December. The decision was unanimously supported by the Fed’s voting committee. Continue reading...
The Guardian
6 hours ago
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
CNBC
6 hours ago
Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
Here’s a look at how the Fed's June interest rate decision may affect your finances.
CNBC
6 hours ago
SpaceX posts first losing day as stock sinks 5%, losing momentum after a multiday rally
Elon Musk's space and AI company has seen its stock surge since its blockbuster IPO on Friday.
CNBC
7 hours ago
2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
U.S. Treasury yields rose on Wednesday after the Fed held interest rates steady during Kevin Warsh's first policy meeting as chairman.
CNBC
7 hours ago
CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
CNBC
7 hours ago
Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online
But don't expect Carvana to sell you a vehicle at one of its seven Stellantis stores, marking a stark contrast from typical franchised dealers.
CNBC
7 hours ago
Allbirds continues AI pivot with name change and CEO hire, sending stock soaring
Allbirds became NewBird AI in April and said it would trade shoes for AI compute infrastructure.
CNBC
7 hours ago
Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
CNBC
7 hours ago
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