a divided Fed holds interest rates steady

U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve’s decision to hold interest rates steady and sought insight on future monetary policy decisions. At 3:20 a.m. ET, the 30-year Treasury bond had risen more than 9 basis points to 5.236% after hitting its highest level since July 2007 on…

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Strait of Hormuz and drone threats to global shipping

Satellite view of Tuapse Oil Refinery, Russia. Ukrainian drones struck fuel storage tanks at the Rosneft‑operated facility, igniting a major fire visible for kilometers. Gallo Images | Gallo Images | Getty Images The Strait of Hormuz is rattling global trade, but the waterway is just one example of a vital maritime corridor becoming a frontline,…

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China threatens retaliation against U.S. humanoid robot ban, says it ‘severely damages’ relations

A humanoid robot from Robostore joins CNBC’s Power Lunch on Dec. 30, 2025. CNBC BEIJING — The U.S. Federal Communications Commission has repeatedly ignored Beijing’s restrained stance on product bans, China’s commerce ministry said Thursday, threatening retaliation. The FCC on Tuesday said due to cybersecurity concerns, it added foreign-made advanced robotic devices, including humanoids, to…

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Trump says SCOTUS ruling on tariffs and birthright citizenship costing country 'trillions and trillions of dollars'

President Trump claimed Wednesday that the Supreme Court’s strikedown of his emergency tariffs and executive order restricting birthright citizenship cost the country “trillions and trillions” of dollars. Trump wrote on Truth Social, “Does anyone know how much money and reputation the United States Supreme Court has cost our country with its negative decisions… Source link

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China AI supplier Zhongji Innolight Hong Kong debut

The Zhongji Innolight logo is displayed on the screen of a tablet computer. Sopa Images | Lightrocket | Getty Images Shares of Zhongji Innolight fell 5% on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange. The company raised HK$53.4 billion ($6.8 billion) after pricing its initial…

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