China’s August retail sales miss forecast while investment slump deepens, piling pressure on Beijing
China’s investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.
U.S. oil tops $105 as Saudi Arabia reportedly cancels some crude cargoes after pipeline closure
Iran-backed Houthi militants in Yemen, meanwhile, carried out renewed strikes on Saudi Arabia this week.
CNBC Daily Open: Beware AI naysayers, the ‘Hoax Buster’ is here
Trump unleashed a barrage of posts on social media, slamming any regulation related to the sector and calling it a “hoax.”
Stocks post back-to-back losses as oil surges, 10-year yield hits 19-year high: Live updates
The major averages closed lower on Monday as higher bond yields and oil prices kept the market under pressure.
Samsung backs Nvidia AI chip rival in $230 million funding round as GPU alternatives boom
Dutch startup Euclyd raised the funding in a round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries.
CNBC’s The China Connection newsletter: Tech controls expand to employees
As the U.S.-China tech rivalry simmers, Beijing is increasing restrictions on how its companies can deploy their tech talent overseas.
Broadcom CEO addresses Anthropic’s slowdown push, says AI revenue targets haven’t changed
Broadcom CEO Hock Tan said demand for AI infrastructure remains strong despite growing concerns about increasingly powerful models.
Trump phones Nvidia’s Huang at All-In Summit, calls data center opposition a ‘hoax’
President Trump has been using his social media site to sound off on Anthropic CEO Dario Amodei’s suggestion that the AI industry slow its pace of development.
Trump administration repeals Biden era greenhouse gas requirements for power plants
President Donald Trump has systemically dismantled regulations implemented by the Obama and Biden administrations that sought to fight climate change.
The 10-year Treasury yield just hit 5%. How income investors can profit
Experts expect the volatility to continue. Here’s where they see the best income opportunities.
