Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer.
Pope Leo is concerned about AI replacing human work. Traders share his concern long term
The leader of the Catholic Church warned about artificial intelligence upending the labor market. Traders on Kalshi see unemployment jumping before 2030.
ECB ‘will do what is necessary’ to tame inflation, Bank of France governor tells CNBC
Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.
Stocks making the biggest moves premarket: Ferrari, Lear, Intuitive Machines, Micron Technology and more
These are some of the stocks posting the largest moves in early trading.
Huawei unveils new smartphone chips this fall as rivalry with Nvidia and Apple heats up
Chinese telecom giant Huawei announced Monday a new way of designing chips that improves their capabilities, despite U.S. restrictions on the company.
China tech plays to ride out macro volatility
The China stock play right now is to focus on artificial intelligence-related names, regardless of the slower economic growth, several analysts said.
Americans are feeling inflation’s pinch into the holiday weekend. Here’s where prices are rising the most
Prices related to travel, recreation and food saw particularly steep increases, stretching Americans’ wallets as they celebrate the unofficial start of summer.
Three signs from APEC that the U.S. and China remain far apart on trade
U.S. and Chinese officials have met and spoken publicly about differing priorities since the Trump-Xi summit concluded in Beijing last week.
Kevin Warsh’s real Fed ‘regime change’ may happen deep inside Wall Street’s plumbing
Warsh could guide to a smaller role in day-to-day markets, while also setting clearer rules for how and when it should intervene.
Which company will the U.S. government take a stake in next? Here’s what traders think
After new stakes in quantum companies were revealed, traders on prediction market platform Kalshi think IonQ, Micron and Anduril could be next.