Wholesale prices rose 0.4% in August, as expected
The producer price index was expected to rise 0.4% in August, according to the Dow Jones consensus forecast.
Amazon backs Ariane with rocket launch orders as Europe battles to close its space gap
The deal hands the continent’s space industry a commercial boost as governments push for greater sovereign capabilities.
Investors seek hedges as midterms and geopolitical risks threaten market calm
Investors are starting to seek more protection against stock market swings as a historically volatile period for markets approaches.
‘Extinction’ warnings ramp up as more OpenAI, Anthropic researchers join calls for an AI slowdown
There is growing concern globally about the capability of AI, following numerous cyberattacks and security incidents in recent months by rogue models
Ryanair CEO says to brace for a ‘significant uplift’ in airfares as oil prices soar
Ryanair’s CEO warned airfare prices may see significant hikes as the surging cost of jet fuel continues to squeeze the airline industry.
Trump’s $1 trillion-plus ‘dividend’ plan meets immediate bipartisan pushback
Such a payout could cost more than $1 trillion and is likely to face legal obstacles.
‘Saved the day’: How China helped keep the lid on oil price surge as Iran war disrupted supplies
China’s crude stockpiling and subsequent pullback on purchases since the war erupted in late February has helped the world avoid a deeper energy crisis.
CNBC Daily Open: The Trump ‘Dividend’: $5,000 for control of Congress
The promise of a payment, and a claim oil will “come tumbling down” are the key takeaways from President Trump’s speech at the Republican’s convention.
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
TSMC reported monthly sales revenue for August on Thursday.
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
TSMC reported monthly sales revenue for August on Thursday.
