World Cup for sale? FIFA's controversial plans explained
FIFA’s plan to raise up to $20 billion in private investment has been widely condemned. What is all this? And, importantly, what happens next? Source link
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Banks, Kim introduce stuttering legislation with backing of former NBA player
Senators Jim Banks (R-Ind.) and Andy Kim (D-N.J.) introduced legislation Wednesday, with the help of former NBA player Michael Kidd-Gilchrist, that seeks to improve the identification and treatment of children who stutter. The legislation, called the Kids Stuttering Act, proposes to direct the Centers for Medicare and Medicaid Services (CMS) to add stuttering and fluency…
Oil prices move higher as Iran threatens response to latest U.S. strikes
Bazilfoto | Istock | Getty Images Oil prices moved higher on Thursday after the U.S. launched a “heavy wave” of strikes against Iran late Wednesday in retaliation against its missile attacks on American forces in the region, dashing hopes for de-escalation. Iran’s Islamic Revolutionary Guard Corps has threatened further escalation in response. Brent crude futures,…
Stellantis swings to profit on rising demand in North America
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America as the company…
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…
Shell smashes expectations as profits more than double in second quarter
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Shell has agreed to purchase Canadian energy company, ARC Resources in a deal valued at $16.4 billion. Brandon Bell | Getty Images News | Getty Images British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from…
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,…
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…
Samsung Electronics second-quarter operating profit beats estimates
The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 7, 2026. South Korean technology giant Samsung Electronics forecast on July 7 a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. (Photo by Jade GAO / AFP via…
49ers have 'concern' over Pearsall's knee flare-up
49ers WR Ricky Pearsall did not participate in practice Wednesday due to PCL inflammation in his right knee. The Niners say they have some “concerns” about the latest flare-up and are “exploring all options.” Source link