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Wednesday, August 5, 2026
  • Oil tumbles after Bessent says Hormuz deal may come this week
  • Philadelphia Fed President Paulson content with current rates, but keeping an open mind
  • NJ files antitrust suit against Amazon on delivery contractor control
  • Procter & Gamble to buy Thorne for $3.8 billion, CEO tells CNBC
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  • Oil tumbles after Bessent says Hormuz deal may come this week
  • Philadelphia Fed President Paulson content with current rates, but keeping an open mind
  • NJ files antitrust suit against Amazon on delivery contractor control
  • Procter & Gamble to buy Thorne for $3.8 billion, CEO tells CNBC
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  • Oil tumbles after Bessent says Hormuz deal may come this week

    7 minutes ago
  • Philadelphia Fed President Paulson content with current rates, but keeping an open mind

    1 hour ago
  • NJ files antitrust suit against Amazon on delivery contractor control

    2 hours ago
  • Procter & Gamble to buy Thorne for $3.8 billion, CEO tells CNBC

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  • Palantir stock rises 27% on soaring commercial revenue, AI sovereignty

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Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

Sagar3 months ago03 mins

Narendra Modi, India’s prime minister, speaks during a joint press statement with Lawrence Wong, Singapore’s prime minister, not pictured, at Hyderabad House in New Delhi, India, on Thursday, Sep. 4, 2025. Prakash Singh | Bloomberg | Getty Images Indian Prime Minister Narendra Modi on Sunday urged citizens to curb fuel use, reduce overseas travel, and…

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  • Business

OpenAI drift from Microsoft to Amazon turns aggressive after subtlety

Sagar3 months ago05 mins

Avishek Das | Lightrocket | Getty Images OpenAI revenue chief Denise Dresser said the AI company’s agreement on Tuesday to make its models available on Amazon had nothing to do with an announcement a day earlier that the startup had restructured its relationship with Microsoft for a second time in six months. “The two are…

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  • Business

UBS profits rocket 80% to $3 billion for first quarter beat

Sagar3 months ago02 mins

UBS generated a net profit attributable to shareholders of $3 billion for the first quarter, up 80% year-on-year and surpassing the $2.8 billion estimated by analysts, according to an LSEG-compiled consensus poll. The Swiss banking and asset management giant’s common equity tier (CET) 1 capital ratio — a gauge of a bank’s solvency — also…

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  • Business

China’s PBOC keeps 1-year and 5-year benchmark lending rates unchanged

Sagar4 months ago03 mins

BEIJING, CHINA – DECEMBER 22: A woman walks by the headquarters of the People’s Bank of China (PBOC) on December 22, 2025 in Beijing, China. Zhang Xiangyi | China News Service | Getty Images China held its benchmark lending rates unchanged for an 11th straight month, keeping its powder dry as policymakers weigh the economic…

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  • Business

Tesla stock adds nearly 8% as Elon Musk touts chip progress

Sagar4 months ago03 mins

Tesla cars charge at a Tesla Supercharger station in Pasadena, California, March 30, 2026. Justin Sullivan | Getty Images Tesla stock closed nearly 8% higher on Wednesday at $391.95 per share after CEO Elon Musk touted progress on the company’s forthcoming AI5 chip. Musk said in a post on his social network X that the…

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  • Business

Why a super El Niño event poses fresh risks to food costs

Sagar4 months ago06 mins

A batch of exported urea fertilizers is being concentrated at the port for shipment at Yantai Port in Shandong Province, China on March 26, 2026. Cfoto | Future Publishing | Getty Images An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for…

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  • Business

Jet fuel supply concerns grow with Iran war as airlines cut flights

Sagar4 months ago04 mins

A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn’t the airline industry’s only problem. Now, it’s whether…

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  • Business

Microsoft executive touts Copilot traction after analyst pressure

Sagar4 months ago02 mins

FILE PHOTO: Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft has made greater inroads with sales of its Copilot artificial intelligence add-on for business clients after facing criticism for relatively low adoption in recent months, executive…

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  • Business

Nike has a lot to prove to keep investors in its corner. Here’s where it needs to start

Sagar4 months ago06 mins

The clock is ticking on Nike’s recovery. Without any signs of improvement, Jim Cramer said we may soon have to make a hard decision on the stock. “I want to wait until the fall before we cashier [Nike’s stock] and take the loss, or I see some green shoots by then,” Jim said Friday during…

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  • Business

European bond yields at 15-year highs amid inflation, rate hike fears

Sagar4 months ago05 mins

Crowds of pedestrians and shoppers walk along Weinstrasse toward Marienplatz in Munich, Germany, on March 14, 2026. Michael Nguyen | Nurphoto | Getty Images European government bonds continued to sell off on Friday, building on a rout that has seen multiple countries’ borrowing costs hit multi-decade highs in recent weeks. Thursday saw the yield on…

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  • Oil tumbles after Bessent says Hormuz deal may come this week
  • Philadelphia Fed President Paulson content with current rates, but keeping an open mind
  • NJ files antitrust suit against Amazon on delivery contractor control
  • Procter & Gamble to buy Thorne for $3.8 billion, CEO tells CNBC
  • Palantir stock rises 27% on soaring commercial revenue, AI sovereignty

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