MUMBAI, MAHARASHTRA, INDIA – 2022/09/20: A man checks his phone near the Cred logo during the Global Fintech Fest in Mumbai. Sopa Images | Lightrocket | Getty Images Indian fintech startup Cred will raise $900 million in a funding round led by Mark Zuckerberg’s Meta— but has lost its founder and chief executive, Kunal Shah,…
Citizens gather to purchase and scratch instant lottery tickets at a lottery ticket booth on June 21, 2026 in Guangzhou, Guangdong Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s consumer spending slowdown persisted in June, with growth during one of the country’s largest online shopping festivals weakening sharply from…
President Donald Trump speaks on the day he signs an executive order regarding quantum computing, in the Oval Office at the White House in Washington, June 22, 2026. Jonathan Ernst | Reuters President Donald Trump on Monday hedged when asked if he could guarantee that Iran would not use profits from oil sales to rebuild…
Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade flows, maintain their wait in the Gulf of Oman, on June 17, 2026. Shady Alassar | Anadolu | Getty Images Oil rose slightly early Tuesday, fluctuating as investors show cautious optimism about…
Rep. Ro Khanna (D-CA) questions U.S. Secretary of Defense Pete Hegseth as he testifies before the House Armed Services Committee April 29, 2026 in the Rayburn House Office Building in Washington, DC. Win Mcnamee | Getty Images Potential 2028 presidential hopeful Rep. Ro Khanna challenged newly minted trillionaire Elon Musk to a televised debate on…
A food delivery driver drives past the headquarter of China’s travel agency Trip.com Group in Shanghai on January 15, 2026. Jade Gao | Afp | Getty Images Beijing has stepped up corporate regulatory enforcement this year, though analysts say it’s unlikely to pursue a repeat of the 2021 crackdown that wiped out more than $1…
A Tesla Model 3 is shown driving on the highway with FSD 14.2.2.3 self-driving supervised software in Irvine, California, U.S., Jan. 28, 2026. Mike Blake | Reuters The National Highway Traffic Safety Administration said on Monday that it has opened a special crash investigation into a Tesla incident where a Model 3 slammed into a…
Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX stock fell 16% on Monday, continuing a selloff that has seen shares tumble over the past three full days of trading after an initial rally from its record-breaking initial public offering. Elon Musk‘s space…
Amazon ‘s four-day Prime Day event this week could reveal something more important for the e-commerce giant than just a big sales number. Wall Street will be watching to see if Amazon can further cement itself as consumers’ to-go destination for everyday essentials at a time when inflation-weary shoppers are focused on value. Prime Day…
Chevron will fuel a massive Microsoft data center in West Texas with natural gas under a 20-year agreement, the oil major announced Monday. The data center, called Project Kilby, is expected to consume nearly 2.7 gigawatts of electricity, equivalent to the power needed to run about 2 million homes. Most of the electricity will come…
