Warren to call for reversal of Trump’s UAE chip sales after ‘Spy Sheikh’ revelations
President Donald Trump made a deal in May to send 500,000 of the most advanced U.S. AI chips to the United Arab Emirates.
Amazon stock falls 8% on $200 billion spending forecast, earnings miss
The company also said it expects capital expenditures to hit roughly $200 billion in 2026, compared with $146.6 billion estimated by analysts.
Bank of England governor says inflation is set to reach target level sooner than expected
BoE governor Andrew Bailey told CNBC that the U.K. is set to meet its inflation target ahead of schedule.
Dow tumbles nearly 600 points, S&P 500 goes negative for 2026 in tech sector rout: Live updates
Wall Street is coming off a major sell-off in software stocks that drove the S&P 500 to a second straight day of losses.
Novo Nordisk says it will take legal action after Hims & Hers reveals $49 copy of Wegovy pill
Hims said it would sell a copy of the newly launched weight loss pill for $49, far less than the $149 Novo sells the branded pill for.
ECB holds rates but it’s not a ‘non-event,’ economists say. Here’s why
Economists believe the central bank will be comfortable with the inflation rate where it is, for now, but are watching for signs of disinflation.
OpenAI launches new enterprise platform in bid to win more business customers
Frontier can work with OpenAI agents, enterprise-build agents, as well as agents from third parties like Google, Microsoft and Anthropic.
Bank of England holds rates for now — so when’s the next cut coming?
Economists give their forecasts for when the next rate cut could take place in 2026.
Bank of England holds rates for now — so when’s the next cut coming?
Economists give their forecasts for when the next rate cut could take place in 2026.
Layoffs in January were the highest to start a year since 2009, Challenger says
With the recent narrative centering on a no-hire, no-fire labor market, the data suggests that the layoff part of the equation could be stepping up.
