Hugh Leask, Lee Ying Shan, Tanaya Macheel
Stock futures edge up ahead of retail sales, jobs data; South Korea's Kospi tumbles 7% in chip rout: Live updates - CNBCInvestors are looking ahead to retail sales data and jobless claims for further signs the economy is slowing enough to keep inflation under control.
Thursday, July 16
Jenny Lee
TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77% - CNBCTSMC announced a second-quarter profit, following its June revenue figures released earlier this week.
Thursday, July 16
Chan Ho-him
China grew at its slowest pace in more than 3 years last quarter - AP NewsChina has reported its economy slowed in the last quarter, growing at a 4.3% annualized pace. It was the slowest growth since the last quarter of 2022 and far weaker than its strong 5% start for the January-March quarter. Lagging consumer spending and busines…
Thursday, July 16
Lee Ying Shan
SK Hynix shares plunge over 11% as Asia sees tech rout, tracking U.S. chip losses - CNBCAsian semiconductor stocks tumbled on Thursday as a selloff in U.S. chipmakers spilled into the region.
Thursday, July 16
Megan Cerullo
United Airlines anticipates $6 billion in added fuel costs this year - CBS NewsU.S. airlines say higher jet fuel prices are costing them billions more than they anticipated at the beginning of the year.
Thursday, July 16
Valida Pau
Anthropic in Talks to Add Billions to Bank Credit Line Ahead of IPO - The InformationAnthropic is in talks with banks to arrange credit lines worth a few billions of dollars in a move that would increase its access to cash ahead of a planned initial public offering this year, according to people familiar with the matter. The new loans would b…
Wednesday, July 15
Buffett calls Bill Gates relationship with Epstein 'distasteful' - BBCThe billionaire investor's firm has stopped giving donations to the Microsoft co-founder's charity.
Wednesday, July 15
Julia Gomez
National Hot Dog Day is here. How you can score free hot dogs - USA TodayThe third Wednesday of every July is National Hot Dog Day. Here's where you can celebrate.
Wednesday, July 15
RT Watson
Stripe-PayPal deal could accelerate shift to blockchain-based money, Polygon exec says - The Block"Within the next few years the majority of money will live and move on blockchain in one form or another," according to Polygon Labs.
Wednesday, July 15
Emma Roth
xAI sues a man for using Grok to generate CSAM ‘deepfakes’ - The VergexAI is suing Terry Wayne Harwood for allegedly using the company’s Grok AI chatbot to generate CSAM, violating its policies.
Wednesday, July 15
Lauren Feiner
Brendan Carr plans to let broadcast giants dominate the airwaves - The VergeFederal Communications Commission Chair Brendan Carr set a vote to eliminate the 39 percent broadcast ownership cap, which critics say he lacks authority to do.
Wednesday, July 15
Katie Jerkovich
California city makes final ruling on Amsterdam-style cannabis cafes - New York PostCalifornia pot smokers can now buy weed laced food, regular food, and enjoy live entertainment at their favorite approved cannabis lounges in San Francisco.
Wednesday, July 15
Kotaku
Nvidia Thanks Sega For $5 Million Bet That Changed History - KotakuWednesday, July 15