Author: Editor-In-Chief

U.S. Treasury yields resumed their rise on Thursday as borrowing costs rose across the curve as investors’ attention returned to the inflationary pressures facing the U.S. economy.of 10 years US Treasury The yield on notes, a key benchmark for mortgages, auto loans and credit card debt, rose more than 3 basis points to 4.6014% on Thursday morning. On the other hand, for longer dates 30 year government bond The political risk-sensitive yield rose more than 1 basis point to 5.1334%.of 2 year Treasury bill The yield, which is typically more sensitive to the Fed’s short-term interest rate decisions, rose more…

US President Donald Trump has raised the possibility of meeting with Taiwanese President Lai Ching-toku, an unprecedented move by a US leader and a significant departure from diplomatic norms. The presidents of the United States and Taiwan have not spoken directly since 1979, when the United States moved diplomatic recognition from Taipei to China. “I’m going to talk to him,” Trump told reporters Wednesday at Joint Base Andrews, Maryland, when asked if he would call Rai before deciding whether to agree to a major arms sale to the island approved by Congress. “I’m talking to you all, we’re very aware…

On May 18, 2026, a vehicle passes in front of a giant billboard cheering for the Iranian national soccer team in the upcoming 2026 World Cup, installed on a building in Enhrab Square in Tehran.- | AFP | Getty ImagesIran said on Thursday it was considering the Trump administration’s latest proposal to end the war, after the US president said he was prepared to wait several more days for “the right answers” from Tehran.Iranian Foreign Ministry spokesman Esmail Baghai said the Islamic Republic had “received and is considering” the American opinion, according to state news agency Nour News.Baghaei said Pakistan,…

The AI ​​boom is being led by companies in the U.S. and China, but some European tech stocks have soared this year as investors poured money into companies building the infrastructure needed to power the technology.Chip manufacturing equipment company extron It’s up 189% since the beginning of the year. techno probeThe company, which also makes equipment used in the chip-making process, rose 129% in 2026, while chipmaker STMicroelectronics rose 133%. nokiais a traditional mobile phone maker that has shifted its focus to AI, and its stock is up 108% this year.In recent years, US and Chinese companies have been the…

Amazon Executive Chairman Jeff Bezos on Wednesday called for zero federal income taxes for the bottom half of earners.Bezos told CNBC’s Andrew Ross Sorkin that the top 1% of taxpayers pay about 40% of all tax revenue, while the bottom half pays 3%.”I don’t think it should be 3%,” Bezos said. “I think it should be zero.”The bottom half of taxpayers will have an adjusted gross income of nearly $54,000 in 2023, according to the Tax Foundation, citing the latest IRS statistics. In contrast, the top 1% of households earned at least $676,000 that year.Read more CNBC’s personal finance coverageBezos…

This pool photo distributed by Russian state agency Sputnik shows Russian President Vladimir Putin and Chinese President Xi Jinping inspecting a photo exhibition on Russia-China relations in Beijing on May 20, 2026. (Photo by Alexander KAZAKOV/POOL/AFP via Getty Images)Alexander Kazakov AFP | Getty ImagesRussian President Vladimir Putin left Beijing on Wednesday with a declaration of lasting friendship with China and a stack of bilateral agreements, but there was no energy pipeline breakthrough that Russia had been eyeing, indicating that the geometry of the partnership is evolving and increasingly tilted in China’s favor.Gas trading has made little progressThe two leaders were…

The Wall Street Journal reported that Anthropic told investors that its revenue more than doubled to about $10.9 billion in the second quarter, marking its first operating profit. This is a major milestone and rapid quarter-over-quarter growth that puts the company in a favorable position compared to its main competitor, OpenAI. However, WSJ reports that it will incur huge computing costs and may not be profitable for the entire year. These financial information were recently shared with the company’s investors as part of a funding round. The startup has grown in popularity over the past year as more professionals prefer…

Making new friends can be scary. There’s always the risk of being rejected or saying the wrong thing.I’ve been researching and reporting on friendships for 10 years. I also wrote a book about why friendships are failing right now, even though it’s easier than ever to stay in touch. Building lasting friendships requires more than just someone who is interested in you. The most lasting friendships are those that allow you to marvel at the world together. It’s an exchange of equals where we talk about what we both value. Use any of these five questions to help create meaningful…

Meta CEO Mark Zuckerberg and Tesla and SpaceX CEO Elon MuskManuel Orbegoso | Chip Somodevilla | ReutersIf SpaceX eventually goes public on the Nasdaq under the ticker symbol SPCX, it will almost certainly set a record for the largest stock in history. Not far away. Elon Musk’s reusable rocket maker filed its long-awaited IPO prospectus on Wednesday. The company has not disclosed how much it plans to raise, but it is reportedly aiming to raise about $75 billion. That’s more than three times the size of the largest U.S. IPO ever. alibabamade a $22 billion offer in 2014. The next…

Immad Akhund, CEO and co-founder of startup Mercury;Provided by: Mercury TechnologiesMercury, a fintech company that provides banking services to startups, has raised $200 million in funding at a valuation of $5.2 billion, CNBC has learned exclusively.The valuation is 49% higher than the San Francisco-based company’s previous funding round just 14 months ago, overcoming the downturn faced by much of the fintech sector.The Series D round was led by venture firm TCV, a backer of other well-known fintech companies such as Revolut and Revolut. Nubank Mercury CEO Imad Akhand told CNBC that existing investors include Sequoia Capital, Andreessen Horowitz and Courtue.Mercury…