Day: April 6, 2026
CNBC’s The China Connection newsletter: Why AI isn’t replacing jobs in China (yet)
College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of […]
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Broadcom agrees to expanded chip deals with Google, Anthropic
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom said Monday that it’s agreed to produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic that will give the AI startup access to […]
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S&P 500 futures are little changed as Trump’s deadline to reopen Strait of Hormuz nears: Live updates
A television station broadcasts a news conference with US President Donald Trump on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Michael Nagle | Bloomberg | Getty Images S&P 500 futures were little changed on Monday night as President Donald Trump’s Tuesday deadline for Iran […]
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Epstein files: Commerce Secretary Howard Lutnick set for May 6 interview by House Oversight
Commerce Secretary Howard Lutnick appears at the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing to examine a review of broadband deployment funding at the Department of Commerce, on Capitol Hill in Washington, Feb. 10, 2026. Elizabeth Frantz | Reuters Commerce Secretary Howard Lutnick is scheduled to appear May 6 before the […]
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Trump administration finalizes better-than-feared Medicare Advantage payment rate in boost to health insurers
Administrator for the Centers for Medicare & Medicaid Services Mehmet Oz speaks during an event sponsored by the Action for Progress Coalition, at the National Press Club in Washington, D.C., U.S., Feb. 2, 2026. Al Drago | Reuters The Trump administration on Monday finalized a 2027 payment rate increase to privately run Medicare plans that […]
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OpenAI asks California, Delaware to investigate Musk’s ‘anti-competitive behavior’ ahead of April trial
Sam Altman, CEO of OpenAI (L) and Elon Musk, CEO of Tesla. Reuters OpenAI on Monday sent a letter to the California and Delaware attorneys general, urging them to investigate “improper and anti-competitive behavior” by Elon Musk and his associates, as a high-profile trial nears between the two sides. In the letter, OpenAI strategy chief […]
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Upstart Wall Street research firm says it sent an analyst to Strait of Hormuz. Here’s what they learned
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images As the world’s oil traders parsed satellite images and official statements for clues on the fate of the Strait of Hormuz, one research firm seems to […]
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Artemis II breaks Apollo 13’s distance record as humans travel farther from Earth than ever before
With the moon now filling their windows, the Artemis II astronauts set a record Monday as the farthest humans from Earth during a lunar flyby promising magnificent views of the far side never before witnessed. The six-hour flyby is the highlight of NASA’s first return to the moon since the Apollo era with three Americans and one Canadian — a step toward landing boot […]
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U.S. oil is breaking out as Iran war continues. A look at how past peaks have affected stocks
WTI crude oil has extended its steep upmove amid renewed geopolitical uncertainty, which has investors on edge. We revisited previous shocks in the price of crude oil and reviewed the subsequent performance of the S & P 500 Index (SPX) . Specifically, we examined the last four major peaks to get a sense of the […]
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Yardeni says next two trading days will test his call that the market bottom is in
Ed Yardeni expects that the volatile stock market has put in a bottom as geopolitical tumult often leads to buying opportunities. However, he concedes that nothing is certain as investors continue to watch the war-induced gyrations on Wall Street. The head of Yardeni Research last week said the S & P 500 ‘s 9.1% retreat […]
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