Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
Category: Posts
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.
Treasury yields move lower after Fed kicks off hiking cycle
The Federal Reserve raised interest rates for the first time since 2023.
CNBC Daily Open: Trump bemoans hostile acts
President Trump is not happy with the Federal Reserve for hiking rates, or with the EU for inviting Canada to become an “associate member” of the bloc.
Reddit co-founder says tech industry has been ‘tone deaf’ in explaining AI: ‘Misinformation flying around’
Alexis Ohanian said AI risks are more mundane than the “Terminator and Skynet” scenarios some fear.
Inside South Korea’s university programs offering a direct route to Samsung and SK Hynix
Companies are helping universities develop courses, provide financial support and create pathways through which qualifying students can join them.
Mark Walter and Todd Boehly selling stakes in Chelsea Football Club to Clearlake Capital
Two of Walter’s insurance companies faces federal criminal and civil investigations into the accounting of roughly $21 billion in financial transactions.
Trump says U.S. ‘hopefully’ nearing end of Iran war as Saudi Arabia-Houthis trade strikes
Trump says the U.S. may be nearing the end of its nearly seven-month war with Iran, as he signals Tehran is open to a deal.
Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India’s digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
Will AI really destroy humanity? Pioneers who created the tech weigh in
AI pioneers and “godfathers” have weighed in on Anthropic and OpenAI researcher concerns over existential safety risks around the technology.