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Politics
Bessent says Treasury buyback operation could be more than $4 billion
Treasury Secretary Scott Bessent told CNBC on Thursday that an accelerated buyback of government debt could be higher than the announced $4 billion.In a live interview, Bessent said his department is going "make a market" in the…
Call-buying bonanza around Trump’s Hyperliquid comments includes
Traders work on the floor of the New York Stock Exchange. NYSEWednesday was already shaping up to be the best for crypto assets in recent memory, with bitcoin trading the highest since June as President Donald Trump scheduled a meeting…
AI data center outrage is showing up everywhere from ads to elections
In an aerial view, the Decker Creek Power Station is seen on July 28, 2026 in Austin, Texas. Brandon Bell | Getty ImagesDuring a brainstorming session earlier this summer, a group of comedians and employees at beverage company Liquid…
Bessent says U.S. likely won’t restart large-scale Iran combat as it steps
The Trump administration's plan to crush Iran's economy will likely negate the need for further U.S. military operations against the Islamic republic, Treasury Secretary Scott Bessent told CNBC on Thursday."If we are doing the maximum…
Bitcoin surges as Trump, crypto execs lead final push for Clarity Act
D3sign | Moment | Getty ImagesBitcoin is trading at its highest levels since June thanks largely to a last-ditch push from the White House and crypto industry leaders to get the Clarity Act across the finish line in the coming weeks.The…
Treasury yields rebound, wiping out the decline following Bessent’s
A trader works on the floor of the New York Stock Exchange.NYSEBond yields climbed Thursday morning, erasing most of the pullback they saw the previous day after the Treasury Department announced an intervention aimed at easing pressure…
Walmart (WMT) Q2 2027 earnings
Walmart on Thursday posted quarterly sales that beat Wall Street estimates and raised its outlook for the year, as it saw another strong quarter of e-commerce growth and benefited from tariff refunds."Our business is strong," CFO John…
Humanoid robots’ ChatGPT moment years away
XI'AN, CHINA - JULY 22: Wang Xingxing, founder of Unitree Robotics, speaks at the opening ceremony of the 2026 World Internet Conference Digital Silk Road Development Forum on July 22, 2026 in Xi'an, Shaanxi Province of China. Vcg |…
Alibaba shares fall as AI spending drives 75% drop in net income
China's Alibaba on Thursday posted a 75% fall in profits for the June quarter as AI spending weighed on the tech giant's results.Capital expenditure was up 75% to 67.7 billion Chinese yuan ($10 billion), primarily driven by uneven timing…
Somali pirate menace returns amid U.S.-Iran war
A 2010 photo of an armed Somali pirate keeping vigil on the coastline at Hobyo, northeastern Somalia, while the Greek cargo ship, MV Filitsa is anchored just off the shores of Hobyo where it was held by pirates after beimng captured some…