Iran missile attack on Qatar causes ‘extensive damage’ to facility housing huge gas plant
Iran’s Revolutionary Guard had threatened to attack energy facilities in Qatar, Saudi Arabia and the United Arab Emirates.
Fed still expects to cut rates once this year despite spiking oil prices
The central bank’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
How China is getting everyone on OpenClaw, from gear heads to grandmas
China’s ClawdBot use is soaring as tech giants hold meet-ups to help everyone add the artificial intelligence digital assistant to their devices.
Odds of a Fed rate hike by June are now higher than the chances for a rate cut
Something unusual is happening.
As Americans struggle with rising costs, many states’ unemployment benefits fall short, analysis finds
The U.S. unemployment system is not prepared for a recession, with some states having failed to raise their maximum weekly benefit in decades, experts say.
These income-generating plays can yield up to 6% as the Fed holds rate steady
Short-term bond funds, bank loans and cash assets still offer solid yields.
Micron revenue almost triples, tops estimates as demand for memory soars
Micron’s stock has soared this year while its tech peers have struggled, as the impact of rising memory costs ripples across the industry.
Bitcoin faces pressure after hotter-than-expected inflation data: CNBC Crypto World
On today’s episode of CNBC Crypto World, crypto markets are on pace to outperform Wall Street despite a Wednesday pullback driven by hotter-than-expected wholesale data. Also, the SEC and CFTC issue joint guidance on the regulatory classification of crypto assets. Bam Azizi, CEO of Mesh, discusses what it takes to run a crypto business in […]
Amazon says U.S. Postal Service ‘walked away at the eleventh hour’ in negotiations
Amazon said it was working toward a new agreement with USPS to increase volumes before talks fell apart.
Stagflation risk is rising by the day. Bank of America says these stocks can weather it
These companies could get through a period of low growth and rising inflation.