This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Nvidia’s latest warning is that Chinese rivals are going to disrupt the world. It’s not just in chips. More often than not, the chatter among…
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter. The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital…
Bitcoin traded around $116,000 on Tuesday, falling back from a historic surge that briefly sent the world’s largest cryptocurrency past $123,000 for the first time. Even with the pullback, the cryptocurrency is still trading at nearly twice its level from a year ago. Unlike previous cycles, the record run isn’t being driven by retail mania…
U.S. long-term borrowing costs came under pressure this week — but the bond market may still not be fully factoring in the fiscal challenge facing the world’s biggest economy, according to Nobel-winning economist Joseph Stiglitz. “I think we’ll be able to finance the U.S. government,” Stiglitz told CNBC’s Steve Sedgwick on Friday at the annual…
We all store important items in different places. These items can include documents, jewelry, family heirlooms and … extracted body parts. Wait, what??? Indeed, Philadelphia Phillies right-hander Zack Wheeler revealed on Wednesday that he stores the partial rib he had removed last summer in his closet, per The Athletic. So, there’s that. Wheeler’s 2025 campaign…
Sanae Takaichi, Japan’s prime minister, during a news conference the prime minister’s office in Tokyo, Japan, on Monday, Jan. 19, 2026. Takaichi officially called an early election next month and promised a temporary sales tax cut on food if she wins a fresh mandate for her new coalition. Bloomberg | Bloomberg | Getty Images Less than…
Here are the opening calls for the day Happy mid-week from Singapore. Asia markets are set for a mostly higher open. Japan’s Nikkei 225 was set to open higher, with the futures contract in Chicago at 43,325, while its counterpart in Osaka last traded at 43,280, against the index’s last close of 42,718.17. Futures for…
Eric Williams NFL Reporter Versatility, physicality and ball skills have been Jalen Ramsey’s calling cards as an elite defensive player in the NFL for nine seasons. The Florida State product quickly ascended to one of the top corners in the league early in his career with the Jacksonville Jaguars. But like other corners late in…
Things are looking up for both Amazon shoppers and shareholders. A look at the dominant e-commerce platform’s stock price chart shows the formation of a “golden cross.” The pattern, widely followed by chart analysts and seen as an indicator of future upside momentum, occurs when a stock’s 50-day moving average breaks above its ascending 200-day…
For the second straight week, Tom Brady has a new No. 1 team in his power rankings. The Detroit Lions only lasted one week at the top thanks to their loss to the Kansas City Chiefs. The Philadelphia Eagles and Buffalo Bills, who had been ranked No. 1 and 2, respectively, for the first few…
