AI data centers won’t create as many UK jobs as the tech sector projects, think tank warns
A new analysis is challenging claims about how many permanent jobs the U.K.’s data center industry will create as billions pour into AI infrastructure.
Trump’s oil investments have gained millions during Iran war as his accounts keep trading
Donald Trump retained major oil and gas investments as the Iran war has moved energy markets. CNBC analyzed his holdings, trades and estimated gains.
10-year Treasury yield jumps to highest since 2023 despite Bessent’s $6 billion bond buyback plan
The yield on the U.S. 2-year Treasury note added 2 basis points early Wednesday, as oil hovered above the $100 mark.
UK air traffic chief rules out cyber attack after massive disruption at Heathrow
“We have at this point ruled out cyber,” the head of NATS said Wednesday, as airlines slammed the organization for a third major failure in three years.
OpenAI claims to have solved the 90-year-old Navier-Stokes math problem in 88 hours
OpenAI says 10,000 of its agents solved the 90-year-old Navier-Stokes problem in 88 hours, but one mathematician has challenged the claim.
U.S. reveals import ban on slew of Canadian goods as trade war escalates
Import bans on motorbikes, alcohol and dairy products are due to come into effect on Sept. 29 as the rift between the countries deepens.
Volatile yen risks ‘confused’ global markets, chairman of Japanese shipping giant says
Hashimoto said sharp currency swings risk creating a “confused situation” in financial and global markets.
Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal
The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator after the final tranche.
CNBC Daily Open: Gulf strikes jolt oil toward triple digits
The U.S. and Iran trade attacks on vessels and tankers in the Strait of Hormuz, sending oil higher and stocks lower.
G10’s ‘surprise’ currency star could stumble as peers hike interest rates
The British pound has benefited from a resilient economy and rate hike expectations, but the BOE looks increasingly dovish while a crucial budget lies ahead.
