Treasury yields pulled back slightly on Wednesday from multi-decade highs seen on the previous day, as a sell-off at the long end of the curve eased investor jitters. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell 2 basis points to 4.686%. The 2-year Treasury note…
Shares of Spain’s Deoleo jumped over 17% on Wednesday morning amid an intensifying takeover battle for the world’s largest olive oil bottler and marketer. The stock move comes amid reports that Spanish agri-food cooperative group Dcoop has offered 470 million euros ($545 million) for Deoleo, taking the lead in a takeover battle that includes Italian,…
Iran has considered attacking U.S. military targets in Europe if the war escalates, the Financial Times reported Wednesday, citing two regime insiders. U.S. assets in Bulgaria and Cyprus were weighed as potential targets, according to the FT’s report. CNBC has reached out to Iran’s Military of Foreign Affairs for comment and has not independently verified…
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images A fintech app from the makers of the crypto exchange Kraken is launching a cashback U.S. debit card, vying for a place in consumer wallets as crypto evolves from an asset class into infrastructure for mainstream financial products. The…
A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Kevin Warsh following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 29, 2026. Brendan McDermid | Reuters There’s something telling in how the smart money on Wall Street…
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the U.S. Capitol in Washington, D.C., U.S., March 26, 2026. Nathan Howard | Reuters Following the first day of arguments in a high-stakes child safety case against Meta, California Attorney General Rob Bonta said Tuesday that…
HANGZHOU, CHINA – JUNE 17: An Unitree G1 humanoid robot presents martial arts and dance performance for tourists at West Lake scenic area on June 17, 2026 in Hangzhou, Zhejiang Province of China. (Photo by Long Wei/VCG via Getty Images) Vcg | Visual China Group | Getty Images Unitree Robotics shares rose 542% in early…
SEOUL, SOUTH KOREA – 2025/01/24: A 24-hour Yonhap news TV broadcast at Seoul Railway Station showing a news broadcast with the file footage of U.S. President Donald Trump (L) with North Korean leader Kim Jong Un (R). Kim Jae-Hwan | Sopa Images | Lightrocket | Getty Images South Korea’s military said Wednesday that it would…
A staff member sorts Kweichow Moutai liquor at a supermarket in Yongnian district of Handan, North China’s Hebei province, Jan 9, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Walk down most streets in China and you’ll find a liquor store advertising premium spirits brand Moutai, along with posters of resale prices by…
A woman rolls a baby stroller past a replica of the Soviet RDS-4 nuclear bomb installed in memory of its creators in a park in Moscow on July 29, 2026. Alexander Nemenov | Afp | Getty Images For decades, allies worldwide rested in the comfort of the U.S. nuclear umbrella, confident they didn’t need their…
