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Expert Analysis of Premium Credit Cards
Financecnbc2d ago

Expert Analysis of Premium Credit Cards

A points expert provides an analysis of various premium credit cards from major providers like Chase, American Express, and UBS to help consumers choose the best option.

Warren Buffett Remains Actively Involved in Berkshire Hathaway Decisions
FinancecnbcBusiness InsiderYahoo+1seeking-alpha15d ago4 sources

Warren Buffett Remains Actively Involved in Berkshire Hathaway Decisions

Warren Buffett, at 95, confirmed he remains actively involved in making investment decisions at Berkshire Hathaway, still picking stocks and fielding offers from his office five days a week, though he will not make any investment that Greg Abel believes is wrong. He also mentioned a new, albeit small, acquisition.

Trump Reiterates Desire to Seize Iran's Oil, Including Strategic Kharg Island
WorldReuterswsjFT+57The GuardianAl JazeeraCNNFox Newsnrkcnbctagesschauukrainska-pravda+49 more16d ago60 sources

Trump Reiterates Desire to Seize Iran's Oil, Including Strategic Kharg Island

US President Donald Trump has reiterated his desire to 'take the oil in Iran,' specifically mentioning the possibility of US forces seizing Kharg Island, a crucial hub for Iranian oil exports, a sentiment widely reported across various media outlets.

Meta Boosts Texas AI Data Center Investment to $10 Billion
TechnologyReuterscnbcder-standard+3indian-expresschannel-news-asiaseeking-alpha19d ago6 sources

Meta Boosts Texas AI Data Center Investment to $10 Billion

Meta is significantly increasing its investment in an AI data center in El Paso, Texas, from $1.5 billion to $10 billion, as the company ramps up spending on AI infrastructure to support its AI initiatives.

Fed Holds Rates Steady Amid Uncertainty; Powell Dismisses 'Stagflation' Label
BusinessReutersbloombergAl Jazeera+20Fox Newscnbchelsingin-sanomatfazSCMPsvenska-dagbladetorfrzeczpospolita+12 more27d ago23 sources

Fed Holds Rates Steady Amid Uncertainty; Powell Dismisses 'Stagflation' Label

The Federal Reserve maintained its key interest rate, citing economic and geopolitical uncertainty. Following this, Hong Kong's monetary authority also kept its base rate unchanged, with analysts noting the Middle East conflict adds to rate cut uncertainty. Fed Chair Powell stated that 'stagflation' is a 1970s term and not what the economy faces today, adding it's too soon to judge the war's impact as inflation keeps the Fed on hold.

Οι ΗΠΑ επιτρέπουν τη διέλευση ιρανικών τάνκερ από τα Στενά του Ορμούζ -«Το επιτρέπουμε για να τροφοδοτηθεί ο κόσμος»
Worldiefimerida1mo ago

Οι ΗΠΑ επιτρέπουν τη διέλευση ιρανικών τάνκερ από τα Στενά του Ορμούζ -«Το επιτρέπουμε για να τροφοδοτηθεί ο κόσμος»

Οι ΗΠΑ επιτρέπουν στα ιρανικά πετρελαιοφόρα να διέρχονται από τα Στενά του Ορμούζ, δήλωσε ο υπουργός Οικονομικών Σκοτ Μπέσεντ σε συνέντευξή του στο CNBC «Τα ιρανικά πλοία έχουν ήδη αρχίσει να…

Oracle Faces High Expectations for AI Earnings
TechnologymarketwatchYahoo1mo ago2 sources

Oracle Faces High Expectations for AI Earnings

Oracle's stock soared 12% after the company reported an earnings beat and provided a strong AI revenue forecast, exceeding high market expectations for its performance in the artificial intelligence sector.

Trump’s 15% global tariffs likely to start this week, US Treasury chief says
BusinessberlingskeSCMPdie-presse1mo ago3 sources

Trump’s 15% global tariffs likely to start this week, US Treasury chief says

US Treasury Secretary Scott Bessent said that President Donald Trump’s plan to increase a broad 10 per cent tariff rate to 15 per cent is likely to be implemented this week. “That’s likely sometime this week,” Bessent said on Wednesday on CNBC in response to a question about when the increase to 15 per cent would be made. Bessent’s comments offer the clearest indication yet regarding when the US will follow through on Trump’s pledge to raise tariffs. The president last month imposed a 10 per...

Skeptical of the 'SaaSpocalypse'? Bill Gurley says you should channel your inner Warren Buffett and strike
BusinessBusiness Insider1mo ago

Skeptical of the 'SaaSpocalypse'? Bill Gurley says you should channel your inner Warren Buffett and strike

Bill Gurley, the Silicon Valley venture capitalist and a general partner at Benchmark Capital, says AI can serve as "jet fuel" to a career. Michael Kovac/Getty Images for Vanity Fair Bill Gurley offered advice to people who still believe in SaaS companies during an interview on CNBC. He said to stop complaining about falling prices and pick "them up off the floor." He also said that complex "circular" AI deals resemble past accounting red flags. Bill Gurley has some suggestions on how you m...

Google Deepmind CEO says the memory shortage is creating an AI 'choke point'
TechnologyBusiness Insider1mo ago

Google Deepmind CEO says the memory shortage is creating an AI 'choke point'

Google's AI boss Demis Hassabis said the memory market came down to "a few suppliers of a few key components." PONTUS LUNDAHL/TT NEWS AGENCY/AFP via Getty Images Google DeepMind CEO Demis Hassabis said that the "whole supply chain" for memory chips is constrained. "You need a lot of chips to be able to experiment on new ideas," Hassabis told CNBC. Google produces its own TPUs, but Hassabis said that there were still "key components" that were supply-constrained. The memory shortage takes no prisoners. Even Google isn't immune. AI companies are duking it out for greater and greater quantities of memory chips. The problem? The industry is heavily supply-constrained. Costs have skyrocketed, products have been tied up, and some companies — especially those in consumer electronics — are increasing prices. On the AI front, Google DeepMind CEO Demis Hassabis told CNBC that physical challenges were "constraining a lot of deployment." Google sees "so much more demand" for Gemini and its other models than it could serve, he said. "Also, it does constrain a little bit the research," Hassabis said. "You need a lot of chips to be able to experiment on new ideas at a big enough scale that you can actually see if they're going to work." Researchers want chips, whether they work at Google, Meta, OpenAI, or other Big Tech companies, and memory is a key component. Mark Zuckerberg said that AI researchers demanded two things beyond money: the fewest number of people reporting to them, and the most chips possible. Hassabis said that wherever there was a capacity constraint, there was a "choke point." "The whole supply chain is kind of strained," Hassabis said. "We're lucky, because we have our own TPUs, so we have our own chip designs." Google has long built TPUs — Tensor Processing Units — for internal use. The company also leases them to external customers through its cloud, which has also put Nvidia on edge. But even access to their own TPUs won't save Google from having to navigate the highly competitive memory market. "It still, in the end, actually comes down to a few suppliers of a few key components," Hassabis said. Three suppliers dominate memory chip production: Samsung, Micron, and SK Hynix. These companies are struggling to meet demand for chips from AI hyperscalers without dropping their longtime electronics customers. It doesn't help that AI companies mainly want a different type of memory chip than PC manufacturers do. Large language model producers want HBM (high-bandwidth memory) chips. Don't expect Google's spending on AI infrastructure and chips to go down anytime soon. On its fourth-quarter earnings call, the company projected capital expenditures of $175 billion to $185 billion for 2026. Read the original article on Business Insider

Zuckerberg's courthouse entourage showed up in Meta Ray-Bans
TechnologyAl JazeeraFox NewsBusiness Insider+2YahooTimes of India1mo ago5 sources

Zuckerberg's courthouse entourage showed up in Meta Ray-Bans

Mark Zuckerberg took the stand at the Los Angeles Superior Court. Patrick T. Fallon / AFP via Getty Images Zuckerberg's courthouse entourage showed up in Meta Ray-Bans. The judge warned that anybody recording proceedings with smart glasses could face contempt. Meta's smart glasses are surging. Sales tripled in 2025, the company said. As Mark Zuckerberg was ushered into the Los Angeles Superior Court early on Wednesday morning, one accessory in his entourage stood out: Meta Ray-Ban glasses. Zuckerberg, wearing a navy blue suit and tie, arrived without any glasses. Flanking either side of him as he walked up to the courthouse were longtime executive assistant Andrea Besmehn and an unidentified man donning Meta's Ray-Ban glasses. Meta declined to comment about the accessory choice. AI-powered smart glasses weren't just a hot accessory in the California sun. They were a hot topic inside the courtroom. The judge presiding over the trial announced that anyone using glasses to record inside the courtroom would be "held in contempt of the court," according to CNBC. This isn't the first trial where Meta's glasses have caused issues. Last year, while Meta battled the Federal Trade Commission's antitrust allegations, New York Times reporter Mike Isaac posted on X (formerly Twitter) that he had been reprimanded by the court for wearing Meta Ray-Bans. do not wear camera glasses in federal buildings folks 😞 — rat king 🐀 (@MikeIsaac) April 15, 2025 Andrea Besmehn (left) and an unidentified man donning Meta's Ray-Ban glasses while accompanying Zuckerberg. Frederic J. Brown / AFP via Getty Images; Mike Blake/Reuters The glasses cameo came as Zuckerberg took the stand in a Los Angeles trial accusing major social media companies of building addictive products that harm young users. The case centers on a now-20-year-old plaintiff, identified in court filings as "KGM," who alleged that Instagram and YouTube worsened her depression and suicidal thoughts after she started using the apps as a child. TikTok and Snap have already settled, leaving Meta and Google's YouTube as the remaining defendants in the trial, which could shape similar lawsuits nationwide. The trial underway in Los Angeles is focused on design features that plaintiffs say keep teens scrolling. Zuckerberg's testimony follows an earlier appearance from Instagram chief Adam Mosseri. Meta's Ray Ban smart glasses have become a surprise hit. On the company's earnings call last month, Zuckerberg said that sales of the glasses more than tripled in 2025, and compared the moment to the shift from flip phones to smartphones. Meta has increasingly positioned the glasses as a vehicle for its AI ambitions. In addition to taking pictures and playing music, users can ask questions to Meta AI, Meta's AI assistant, about anything that they're looking at through the glasses. Last week, the New York Times reported that Meta is planning to add facial recognition technology to the glasses. Read the original article on Business Insider

Jay-Z's luxury watch collection is worth millions and includes one of the most complicated timepieces ever made
CultureBusiness Insider1mo ago

Jay-Z's luxury watch collection is worth millions and includes one of the most complicated timepieces ever made

Samir Hussein/Getty Images Billionaire rapper Jay-Z loves luxury watches; the rarer and harder to get, the better. His collection includes timepieces from Audemars Piguet, Richard Mille, and Patek Philippe. He's even worn watches valued at $1 million to attend events like the Grammy Awards. Jay-Z, born Shawn Carter, has long mentioned his love of luxury timepieces in his songs. You can find references to Rolex, Audemars Piguet, and Hublot throughout his decades-long music catalog. He doesn't only flash watches in his lyrics, though. The billionaire rapper, who has a $2.5 billion net worth, has amassed quite a collection of statement timepieces. The $1,075,652 Patek Philippe Grand Complication 5304-301R he wore at the 2025 Grammys was just one of them. Here's a look at that watch and other items included in his watch collection. Jay-Z has a Patek Philippe Grand Complication 5304-301R that retails for more than $1 million. Jay-Z wears a Patek Philippe to the Grammys in 2025. Kevin Mazur/Getty Images for The Recording Academy ; Patek Philippe Jay-Z is a big fan of Patek Philippe watches. He wore one with a rose-gold case and dozens of diamonds for the 2025 Grammys. Its face includes several functions, such as days of the week and moon phases, that help keep a perpetual calendar for tracking the date. The calendar automatically adjusts for leap years and accurately counts the days until 2100, according to GQ. The hand-stitched strap is made of alligator leather. Beyoncé reportedly gifted him a Hublot Big Bang. Hublot Jay-Z quite literally announced his love of Hublot in the 2011 song "Otis," where he pronounced, "New watch alert: Hublot." Perhaps it was prophetic. In 2012, his wife and fellow artist Beyoncé gifted Jay-Z a $5 million Hublot Big Bang in 18-karat white-gold for his 43rd birthday, according to jewelry blogs. The watch was encrusted with 1,282 diamonds, and it took more than 14 months to assemble, the Grand Prix d'Horlogerie de Genève, a foundation that highlights contemporary watches with awards and exhibitions, reported. It also took more than a year to source all the diamonds. A year later, the Swiss watchmaker collaborated with the rapper to design a timepiece under his name. Jay-Z wore his own Hublot watch onstage in 2013. Hublot/Adam Bettcher/Getty Images Hublot released the Shawn Carter Hublot Classic Fusion in yellow gold and black ceramic in 2013. The former watch was priced at $33,900, and the latter at $17,900. The collection was limited to just 350 total pieces, according to GQ. You can't miss his Richard Mille 56 Blueprint watch. Gotham/GC Images via Getty Images/Richard Mille Jay-Z's custom Blueprint Richard Mille 56 watch required more than 3,000 hours to produce, GQ said in 2019. No wonder it cost $2.5 million. During a 2019 show in his hometown of Brooklyn, the rapper freestyled a tribute to the timepiece: "Blueprint on my wrist cost 2.5/Only thing that flips the script between you and I." The rapper later purchased another one-of-a-kind Richard Mille piece — this time in green. Rich Schultz/Getty Images What was the price of that Richard Mille 56 watch? $3 million, according to Complex. Or at least, that was its retail value. Alex Todd, who customized the watch, told the outlet that its monetary value is higher. It was custom-made for Jay-Z and featured rare green sapphire crystals. Jay-Z eventually expanded his collection of Richard Mille watches. The Richard Mille RM011 Felipe Massa watch. Richard Mille He did so with an RM011 Felipe Massa Chronograph in rose gold. The watch was originally released in 2007 and was designed with its namesake, F1 driver Felipe Massa, the brand said on its website. The timepiece is meant to invoke a racing aesthetic and the sport's history of tech innovation. Its crown "resembles a smooth tyre encircling a spoked wheel rim," the maker said. Mille is no longer making this model, but you can get a used one for $215,000. He's worn Richard Mille pieces to attend major sporting events, like the US Open. Richard Mille/Matthew Stockman/Getty Images Jay-Z wore the Richard Mille RM027 Rafael Nadal to watch its namesake take on Novak Djokovic at the 2011 US Open championships. It was designed to be as lightweight as possible and take on all the wear and tear a tennis superstar like Nadal might put it through, Richard Mille said. Nadal referred to it as his "second skin" timepiece. There were only 50 of these watches made at the time, according to Mille. You can buy one on the secondary market for $1.95 million. Nadal collaborated with Richard Mille on several additional versions of this timepiece that the rapper later acquired. Jay-Z has also worn the Richard Mille Rafael Nadal 27-01, which has an anthracite casing. His collection also includes Audemars Piguet watches. Audemars Piguet Royal Oak Audemars Piguet Jay-Z shouted out Audemars Piguet in his 2011 "Watch the Throne" track "N—s in Paris," saying: "Ball so hard, got a broken clock / rollies that don't tick-tock / Audemars that's losing time / hidden behind all these big rocks." He's also worn the brand. Included in his collection is the Audemars Piguet Royal Oak Perpetual Calendar Openworked 26585CE. It has an openwork sapphire dial, rose gold dial markers, a black ceramic band and case, and a titanium clasp. You can buy one from the watchmaker, but it's "price upon request" — or, in other words, wildly expensive. To get it on the secondary market, you'll need to shell out over $375,000. Patek Philippe watches can be tough to buy, but not for Jay-Z. The Patek Philippe Sky Moon Tourbillon 6002R watch. Patek Philippe When describing the Patek Philippe 6002 Sky Moon Tourbillon watch on its website, the brand notes the extensive detail that went into creating the timepiece. Some of the highlights include handmade engravings, a double-face design, a retrograde perpetual calendar, a sky chart, and more. It's one of the most technically complicated Patek Philippe watches, and its price is only available "on request." However, used versions of the watch can be found on the secondhand market for prices between $4 million and $6 million. Jay-Z wore his model to Lebron James' 39th birthday party. Jay-Z picked up a Tiffany and Co. x Patek Philippe collab in 2021. The Patek Philippe Tiffany watch. Tiffany & Co. The Patek Philippe Nautilus 5711 in Tiffany Blue initially retailed for $52,635, but since only 170 were made, the price skyrocketed on the secondary market. Days after the watches sold out, one was auctioned off for $6.5 million, CNBC reported in 2021. Jay-Z and Beyoncé were named Tiffany ambassadors that year. In 2023, the musician wore one of the rarest Audemars Piguet pieces. An Audemars Piguet Royal Oak 25594ST "Yves Klein" watch. Audemars Piguet The "Yves Klein" version of the Audemars Piguet Royal Oak 25594ST watch is an ode to the French artist. He's widely known for developing his own vibrant shade of blue — international Klein blue 191. The Royal Oak design features a perpetual calendar, which keeps track of everything from the time and date to the moon's phases. It's a popular style in its own right, but the Yves Klein version is especially rare. Few are rarely found on the resale market. He also sported a unique Patek Philippe that year. A Patek Philippe Perpetual Calendar Split Seconds Chronograph 5004P watch. Patek Philippe Jay-Z sported the Perpetual Calendar Split Seconds Chronograph 5004P watch during a decadent, seafood tower-filled lunch meeting with DJ Khaled in 2023. The watch is modeled on Patek Philippe's first perpetual calendar watch, released in 1996. The particular watch that Jay-Z has, the 5004P model with a silver link band, is nearly impossible to find, but it was valued at $600,000 in 2022, according to IFL Watches. The most intricate Patek Philippe watch belongs to Jay-Z. Jay-Z wearing the Patek Phillipe Grandmaster Chime Reference 6300G in 2019. Patek Philippe/Kevin Mazur/Getty Images for Sean Combs The Grandmaster Chime is considered Patek Philippe's most complicated watch, with more than 1,500 individual components. The company made the watch in 2014 to commemorate its 175th anniversary, and only seven were produced. Six went to the watchmaker's most dedicated collectors (who apparently had to apply for the privilege of buying one), while the seventh went to the company's museum in Geneva. Patek Philippe then went on to make the Grandmaster Chime in other fabrications. Jay-Z has the white gold version, which runs around $2.5 million, according to reports. He acquired the Patek Philippe 2499 in a tight-lipped deal. A Patek Philippe 2499 went up for auction in 2011. Harold Cunningham/Getty Images Patek Philippe produced this watch in limited quantities from 1950 to 1985. Only 349 were made. Jay-Z's Patek Philippe 2499 was previously owned by Swedish watch collector and dealer Tony Kavak, who had a yellow-gold band specially made for the piece. As Kavak tells it, the watch wasn't initially for sale. "The watch is so exclusive that I often chose not to wear it in public, and I always wear my watches, that's my philosophy," Kavak told watch site Bezl. But he knew Jay-Z was the right person to own the watch, he added. "You should have seen his happiness," Kavak said in an interview with watch blog Hodinkee. "It just reminded me of how happy I get when I find something rare myself." Neither Kavak nor Jay-Z would reveal the deal's cost, but in 2022, a similar watch sold at auction for $7.68 million. He wore two different F.P. Journe pieces to the 2026 Super Bowl. Jay-Z photographs his daughter at the 2026 Super Bowl. Carlos Avila Gonzalez/Getty Images His first FP Journe Tourbillon Souverain was set with 93 baguette diamonds circling it and even more across its face, according to Celeb Watch Spotter. Jay-Z wore the piece for a meeting with Tom Brady. His wife Beyoncé later shared photos from Super Bowl weekend on her website. They included a close-up shot of another FP Journe Tourbillon Souverain watch, this one in green, on Jay-Z's wrist. Read the original article on Business Insider

The founder of a huge boba chain said he opened stores next to Starbucks to get a fraction of its customers
BusinessBusiness Insider1mo ago

The founder of a huge boba chain said he opened stores next to Starbucks to get a fraction of its customers

Gong Cha's founder said he opened his first few stores in strategic locations. Smith Collection/Gado/Getty Images Bubble tea chain Gong Cha's founder said he banked on Starbucks' success to get his first customers. He said he opened stores in South Korea next to Starbucks outlets to get a fraction of its customers. The bubble tea chain now has nearly 2,200 stores in 33 countries. The founder of the bubble tea brand Gong Cha said he had a novel idea to get his first patrons through the door. In an interview with CNBC, Martin Berry, the founder and chairman of Gong Cha group, spoke about how he came across one of the chain's outlets in Singapore before it became a global boba behemoth. Berry said he and his wife pooled $2.5 million of their savings to open the first five Gong Cha franchise stores in South Korea, a venture he said was "quite terrifying." Berry quit his banking job to go all in on bubble tea. To get his first customers in Seoul, he decided to get Starbucks' help. "So my strategy was, I'm going to put a Gong Cha — the first five stores — next to Starbucks," Berry told CNBC. "And if I can get one in a hundred people who are going into Starbucks to come and try a Gong Cha, then I've got a business." Gong Cha was founded in Taiwan in 1996 by Wu Zhenhua, and Berry entered the business in 2011 to expand the brand to South Korea and other countries. As of January, the chain had about 2,200 stores in 33 countries, including the US and Canada. The chain is known for its fragrant, fruity teas and its milk foam topping. Bubble tea brands have seen large success in recent years, with several making splashy IPOs. Mixue, the world's largest fast-food chain that sells cheap bubble tea and ice cream, has more than 45,000 stores worldwide and just opened its first outlet in New York City at the start of the year. It went public in Hong Kong last March, with its stock jumping 30% from its IPO price at market open. Other Asian beverage brands, like Luckin Coffee, have positioned themselves as Starbucks' rivals, offering similar drinks at lower prices. Luckin Coffee expanded to the US last year, with several outlets in NYC. Read the original article on Business Insider

FDA Declines Specific Guidance on Foreign Drug Imports by Health Programs
Healthcnbc9d ago

FDA Declines Specific Guidance on Foreign Drug Imports by Health Programs

The U.S. Food and Drug Administration has declined to issue specific guidance regarding the import of prescription drugs from overseas by health programs. This decision follows a CNBC investigation that highlighted the proliferation of such programs, which regulators consider a violation of import laws.

Trump Claims Iran Ceasefire Request, Demands Hormuz Reopening Amid Threats
WorldReutersbloombergNYT+48wsjThe Guardiandr-dknrknzzcbccnbcfaz+40 more14d ago51 sources

Trump Claims Iran Ceasefire Request, Demands Hormuz Reopening Amid Threats

Former President Donald Trump has repeatedly asserted that Iran sought a ceasefire, which he would only consider if the Strait of Hormuz is reopened, threatening severe military action until the waterway is free. This has sparked international reactions, discussions on regional security, and economic concerns.

Bitcoin crosses $73,000 as investors look past Iran tensions: CNBC Crypto World
Technologycnbc1mo ago

Bitcoin crosses $73,000 as investors look past Iran tensions: CNBC Crypto World

On this week's episode of CNBC Crypto World, major digital currencies rebound even as a joint military operation in Iran raises volatility for traditional markets. Plus, Coinbase shares rise as President Trump backs stablecoin issuers' efforts to rewrite crypto market structure legislation. And, Cosmo Jiang of Pantera Capital breaks down what other factors could drive crypto prices in the short term.

As US-Iran tensions rise, oil emerges as Pakistan’s biggest economic risk
BusinessDawn1mo ago

As US-Iran tensions rise, oil emerges as Pakistan’s biggest economic risk

If the war between Iran and the United States escalates, the single biggest economic threat to Pakistan will come from oil. Brent crude settled around $72.5 a barrel on Friday, already up nearly 19 per cent year-to-date, according to CNBC. Rumours are swirling of oil touching $100. For Pakistan, even modest increases carry heavy consequences. For every $10 rise in oil prices, the current account deficit increases by roughly $1.5–$2 billion, explains former chief executive officer of the Pakis...

Nvidia Reports Strong Quarterly Earnings Amid AI Boom
TechnologyReutersBBCThe Guardian+6yle-uutisetcnbchelsingin-sanomatfazla-vanguardia20-minuten1mo ago9 sources

Nvidia Reports Strong Quarterly Earnings Amid AI Boom

Nvidia announced quarterly earnings that surpassed Wall Street's expectations, demonstrating the chipmaker's continued success and immunity to AI bubble fears as it capitalizes on the data center boom.

Macron Advocates for Global AI Regulation at India Summit
TechnologyAPBBCbloomberg+11Al JazeeracnbcDWFrance 24NHK WorldBusiness InsiderYahooDawn+3 more1mo ago14 sources

Macron Advocates for Global AI Regulation at India Summit

President Emmanuel Macron stated at the AI Impact Summit in New Delhi that France and the EU are committed to leading global regulation efforts for artificial intelligence with their allies.

Israel and Lebanon Agree to Continue Direct Border Talks
PoliticsAPReutersBBC+65bloombergwsjwapoThe GuardianAl JazeeraFox Newstagesschaufaz+57 more1d ago68 sources

Israel and Lebanon Agree to Continue Direct Border Talks

Following initial discussions, Israel and Lebanon agreed to continue direct negotiations, a development the US described as a "historic milestone." Both nations committed to further talks aimed at resolving their disputed maritime and land borders.

Oracle Continues Mass Layoffs Amid Increased AI Investment
TechnologyBBCwsjcnbc+9Business Insiderdigi24YahooTimes of Indiahindustan-timesindian-expressstraits-timesndtv+1 more14d ago12 sources

Oracle Continues Mass Layoffs Amid Increased AI Investment

Oracle has reportedly continued its mass layoffs, with thousands of employees affected, as the tech giant reallocates resources and ramps up its spending on artificial intelligence initiatives, signaling tough times for the tech industry.

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations
WorldReutersBBCbloomberg+57economistwsjFTThe GuardianAl JazeeraCNNFox Newsnrk+49 more20d ago60 sources

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations

Tehran has rejected reports of direct talks with the US, instead laying out its own terms to end the conflict, while the White House acknowledges 'elements of truth' to Washington offering a peace plan, further complicating ongoing back-channel diplomacy. Gold prices have held gains following reports of US negotiations aimed at ending the Iran War.

Abivax CEO Confident in June Trial Data for Better Deal Terms
Businesscnbcseeking-alpha22d ago2 sources

Abivax CEO Confident in June Trial Data for Better Deal Terms

Abivax CEO stated to CNBC that the company is not rushing for a deal, confident that key June trial data will enable them to secure better terms for potential partnerships, amidst analyst speculation of a takeover, reiterating no urgency for deal-making ahead of the readout.

Tensions Rise as Trump's Hormuz Ultimatum Nears, Iran Reiterates Threats
PoliticsReutersbloombergcnbc+4irish-independentJakarta Postexpress-tribuneDaily Star BD23d ago7 sources

Tensions Rise as Trump's Hormuz Ultimatum Nears, Iran Reiterates Threats

As President Trump's ultimatum deadline approaches, Iran has reiterated its threats to retaliate against Gulf energy and water facilities, vowing action if power plants are destroyed, while tensions rise over the ticking clock on the U.S. President's demand to unblock the Strait of Hormuz.

Anthropic Sues Pentagon Over ‘Supply Chain Risk’ Label
TechnologyAPReutersBBC+51bloombergNYTwsjFTThe GuardianNPRnzzcnbc+43 more1mo ago54 sources

Anthropic Sues Pentagon Over ‘Supply Chain Risk’ Label

AI developer Anthropic has filed a lawsuit against the US Department of Defense to challenge its 'supply chain risk' designation, with Microsoft, Google, and OpenAI staff publicly urging a US judge to block the Pentagon's decision and prevent a ban on Anthropic's technology in existing defense…

G7 releases record amount of oil stocks to 'calm the markets down'
BusinessAPReutersBBC+101bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+93 more1mo ago104 sources

G7 releases record amount of oil stocks to 'calm the markets down'

G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.

Οι ασιατικές αγορές καταρρέουν καθώς το πετρέλαιο σημείωσε τη μεγαλύτερη ημερήσια άνοδο των τελευταίων 40 ετών
Businessiefimerida1mo ago

Οι ασιατικές αγορές καταρρέουν καθώς το πετρέλαιο σημείωσε τη μεγαλύτερη ημερήσια άνοδο των τελευταίων 40 ετών

Οι διεθνείς αγορές κατέγραψαν ισχυρές απώλειες τη Δευτέρα, καθώς οι τιμές του πετρελαίου πλησίασαν τα 120 δολάρια το βαρέλι, προκαλώντας πανικό στους επενδυτές. Σύμφωνα με το CNBC, στη Νότια Κορέα, ο…

CNBC: Ενεργειακό σοκ για την Ευρώπη από τον πόλεμο στο Ιράν – 3 κλάδοι στο στόχαστρο
Worldnaftemporiki1mo ago

CNBC: Ενεργειακό σοκ για την Ευρώπη από τον πόλεμο στο Ιράν – 3 κλάδοι στο στόχαστρο

Η Ευρώπη κινδυνεύει με ένα «τεράστιο» σοκ στις τιμές φυσικού αερίου εξαιτίας του πολέμου στη Μέση Ανατολή, προειδοποιούν αναλυτές, καθώς η κρίση απειλεί τις ενεργειακές ροές από τον Κόλπο και… CNBC:…

Bessent says new global tariff will likely increase to 15% from 10% 'sometime this week'
BusinessKorea Herald1mo ago

Bessent says new global tariff will likely increase to 15% from 10% 'sometime this week'

US Treasury Secretary Scott Bessent said Wednesday that a new US global tariff will likely rise to 15 percent from 10 percent "sometime this week," as President Donald Trump's administration is working to replace its emergency tariffs that the Supreme Court recently struck down. Bessent made the remarks in a CNBC interview, as Trump has said his administration will raise the temporary tariff amid efforts to maintain his trade policy following last month's court ruling against his use of the Inte