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Politics
SpaceX IPO is Musk ‘referendum,’ say market watchers
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025.Marvin Joseph | The Washington Post | Getty ImagesFriday's hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a "referendum" on Elon…
U.S. tops India LNG, LPG supply in May
Sabine Pass LNG in Cameron, Louisiana, US, on Tuesday, April 14, 2026. US natural gas futures ended lower for a fifth consecutive session, erasing earlier gains as traders weighed plunging oil prices against mixed weather outlooks.…
Hugo Boss stock rises after Frasers launches $2 billion takeover offer
Hugo Boss shares popped around 8% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company.Frasers, which has a 26% stake in Hugo Boss, said late Wednesday it is…
Man Group sees private credit opportunity in higher rates
Higher interest rates will create attractive opportunities for disciplined private credit lenders, despite the "growing pains" facing the sector, Man Group's head of U.S. direct lending has told CNBC.Speaking with CNBC at the SuperReturn…
Investors brace for lasting fallout from Iran conflict
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City. Michael M. Santiago | Getty ImagesAs hostilities in the Middle East flare up again, investors are increasingly grappling…
AI’s impact on economic growth: KKR
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018.Brendan McDermid | ReutersU.S.-based investment giant KKR expects the AI-driven productivity boom is only just getting started, but said it could mean…
U.S. launches fresh strikes on Iran
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026.Hussein Faleh | Afp | Getty ImagesOil prices jumped Thursday after the U.S. launched a…
OpenAI mulls slashing prices ahead of competition from Anthropic: WSJ
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty ImagesOpenAI is mulling sharp price cuts to its…
Trump signs $70 billion immigration funding bill after months of delay
U.S. President Donald Trump displays the signed Secure America Act in the Oval Office of the White House on June 10, 2026 in Washington, DC. Alex Wong | Getty ImagesPresident Donald Trump on Wednesday signed a $70 billion bill to fund…
Trump expresses ‘love’ for inflation print and anger at Iran
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City. Michael M. Santiago | Getty ImagesHello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of…