Global bond rout gathers pace as inflation fears mount
Borrowing costs continue to extend multi-decade highs as nerves over inflation, higher rates and high debt remain at the fore.
Borrowing costs continue to extend multi-decade highs as nerves over inflation, higher rates and high debt remain at the fore.
"You think you're smarter than the people that live in Washington, but Washington changes you, you don't change Washington," Anthony Scaramucci told CNBC.
The accounting giant says the buildout of artificial intelligence differs from the development of railways and the internet because of its scale and spending growth.
BP on Wednesday formally appointed Ian Tyler as chair after a surprise dismissal of former chairman Albert Manifold sparked boardroom turmoil.
China's Xi gave Iran's Pezeshkian a brief, low-profile audience at the SCO summit, as Beijing seeks to avoid appearing close to Tehran ahead of a high-stakes summit with Trump.
Goldman added an energy stock, a Dutch payment processing company and a German insurance name to its latest European stock picks list.
Ito En shares surged, bucking a broader sell-off in Japanese stocks following its fiscal first-quarter results.
The three major indexes posted their third down day on Tuesday.
Oil rose Wednesday, as Mideast tensions continue to escalate after the U.S. attacked Iran, while Tehran reportedly struck back at U.S. allies.
U.S. forces completed another wave of strikes against Iran on Tuesday stateside, hitting multiple Islamic Revolutionary Guard Corps sites across the country.
The stock's muted reaction in extended trading Tuesday is not a reflection of the company's results.
Bessent is leading the Trump administration's plan to choke off Iran's economy by threatening its business partners with secondary sanctions.
Palo Alto CEO Nikesh Arora said AI is forcing companies to modernize roughly $1 trillion of aging cybersecurity infrastructure that isn’t equipped for attacks.
CNBC’s Jim Cramer said Nvidia should dramatically increase its stock buyback.
The index last closed below its 50-day moving average on April 10, which marked the end of a correction phase that included a 5,000-point drop at its low point.
The adoption of artificial intelligence at work has been widespread, but more “shallow” than expected — for now.
These are the stocks posting the largest moves in after-hours trading.
Enterprise cyber threats and AI adoption are giving Palo Alto Networks ‘durable tailwinds,’ according to CEO Nikesh Arora
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