UAE denies ‘false’ reports of fund transfer to Iran
The statement follows a Reuters report that the UAE has agreed to unlock billions of dollars of frozen funds for…
Economy
From 10% chance of success to $2 trillion market cap: SpaceX’s historic IPO
After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by…
Trump says peace deal will be signed Sunday after Iran said it remains cautious on timing
President Donald Trump posted on Truth Social that a deal to end the war with Iran will be signed on…
ChatGPT hits a billion monthly app users despite souring public AI sentiment
ChatGPT reached a billion monthly users in May despite growing unease over its ethical and environmental impacts. ...
SpaceX’s Gwynne Shotwell says IPO is one small step in ‘very futuristic’ journey
Gwynne Shotwell, long Elon Musk's second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company's highly anticipated IPO. ...
Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says
U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is…
Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh’s ears
The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair…
Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data…
U.S. military begins strikes on ‘multiple targets’ in Iran at Trump’s direction
President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal…