Surging bond yields add to pressure for Powell’s big speech Friday
All eyes will be trained on the central bank leader when he delivers his annual address Friday in Jackson Hole, Wyoming.
JPMorgan executive explains why decarbonization is a ‘megatrend’ that business can’t ignore
Rama Variankaval is a top climate deal-maker at JPMorgan Chase. He talks to CNBC about how and why decarbonization became what he calls a megatrend.
Even millionaires are feeling financially insecure, report finds
These days, only 12% of Americans consider themselves wealthy, including just 29% of millionaires. Some go so far as to say they’re poor.
Coinbase takes stake in stablecoin firm Circle, shuts down joint venture as it sees ‘regulatory clarity’
Cryptocurrency exchange Coinbase is taking a stake in Circle, the issuer of the USDC stablecoin.
Rescuers save 8 people trapped in cable car dangling above canyon in Pakistan
Military commandos in helicopters rescued two children from a cable car dangling hundreds of meters (feet) above the ground in a remote part of Pakistan on Tuesday.
Srettha Thavisin elected Thailand’s new prime minister after months of political deadlock
Thailand has been administered by a caretaker government since March, with its parliament in deadlock.
Russia, expansion and Western relations in the spotlight as leaders gather for pivotal BRICS summit
Leaders from five developing nations accounting for nearly half the world’s population are gathering in Johannesburg on Tuesday for the 15th BRICS Summit.
U.S. Commerce secretary set to visit China next week as high-level talks continue
U.S. Secretary of Commerce Gina Raimondo is set to visit China from Aug. 27 to 30, both countries announced Tuesday.
China’s Baidu reports 15% revenue growth, beating expectations
Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter.
Microsoft submits new Activision Blizzard takeover deal to British regulator after initial block
Microsoft on Tuesday submitted a new deal to U.K. regulators for the takeover of Activision Blizzard after the rejection of its initial proposal.
