China’s exports jump 23% in July, beating estimates; imports cool
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked…
China’s exports jump 23% in July, beating estimates; imports cool
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s exports rose more than expected in…
Iran’s chief negotiator accuses Trump of ‘theater diplomacy’
Iranian Parliament Speaker Mohammad Bagher Ghalibaf speaks at a press conference in Tehran, Iran, Dec. 2, 2025. Shadati | Xinhua News Agency | Getty Images Iran’s chief negotiator has accused U.S. President Donald Trump of staging “theater diplomacy,” as Washington and Tehran offer conflicting accounts of bilateral engagement aimed at ending the months-long hostilities. “‘Massive…
Meta to pay into $567 million fund after child harms case New Mexico
Meta was ordered to pay $567 million into an abatement fund in New Mexico as part of a public nuisance case that’s just one of many suits the company faces related to alleged harms caused by its apps. The fund comes on top of the $375 million in civil penalties that Meta was forced to…
Why South Korea is seeing a surge in infant investment accounts
Toddler girl looking at and holding a small stack of banknotes while with her other hand holding a credit card. Images By Tang Ming Tung | Moment | Getty Images South Korean parents are ramping up efforts to give their children a head start in building long-term wealth by opening investment accounts even before they…
Revenue growth shows the AI spend is paying off
Grindr CEO George Arison in New York, June 4, 2026. Emma Rose Milligan | Bloomberg | Getty Images Grindr is betting that artificial intelligence can do more than just improve the dating app experience. It believes AI can simultaneously create a new premium subscription business while also dramatically changing how quickly its engineers build software….
AMD buys Taalas, startup that hardwires AI models into its silicon
An AMD employee installs a the first Helios rack-scale AI system in a data center lab in Rockdale, Texas, on June 24, 2026. Helios comes in four customizable configurations, and this is the one Meta will deploy later this year. Andrew Evers | CNBC Advanced Micro Devices is counting on its graphics processing units to…
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Pedestrians pass by a Sweetgreen restaurant on Aug. 4, 2026 in San Francisco, California. Heather Diehl | Getty Images Sweetgreen on Thursday cut its full-year outlook and is now projecting steeper same-store sales declines due to diner fears of eating fresh produce during the ongoing cyclospora outbreak. Shares of the salad chain fell more than…
AppLovin stock tanks on Q2 revenue miss
Jakub Porzycki | Nurphoto | Getty Images Shares of adtech giant AppLovin tanked 17% on Thursday following a second-quarter revenue miss. Here’s how the company performed compared with Wall Street’s expectations, according to LSEG estimates: Earnings per share: $3.76 vs. $3.76 expected Revenue: $1.92 billion vs. $1.94 billion expected In the earnings call Wednesday, CEO…
Trump blocks BBC access to financial records in $10 billion lawsuit
U.S. President Donald Trump speaks to the media aboard Air Force One en route to Joint Base Andrews, in Maryland, U.S., August 2, 2026. Daniel Heuer | Reuters President Donald Trump won an 11th-hour court reprieve Thursday that temporarily blocks the BBC from obtaining detailed records on the finances and ownership of his business empire…
United Wholesale Mortgage plunges 40%; suspends dividend, raises capital
United Wholesale Mortgage at the NYSE, January 22, 2021 Source: The New York Stock Exchange Shares in UWM Holdings, parent of United Wholesale Mortgage, plunged 40% Thursday after the biggest U.S. mortgage lender suspended its dividend and raised fresh capital. UWM announced a $2.05 billion equity investment from Oaktree Capital Management and SFS Group Capital…
