AI Boom Powers South Korea's September Exports Past $120 Billion
Exports from Asia's fourth-largest economy, home to memory-chip makers Samsung Electronics and SK Hynix, rose 83.5% from a year earlier to $120.94 billion in September.
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Watch CNBC's full interview with Minneapolis Fed President Neel Kashkari
CNBC's Steve Liesman sits down with Minneapolis Fed President Neel Kashkari for a wide-ranging interview on the direction of Fed Policy, the economy, bond rates, Fed intervention, and more.
Nikkei Rises 1.0%, Led by Chip Stocks
Japan's Nikkei Stock Average was up 1.0% as gains in chip shares offset losses in financial stocks.
Yen Consolidates Ahead of BOJ tankan, BOJ's Summary of Opinions
The yen consolidated against other currencies ahead of the BOJ's tankan survey and its summary of opinions from its September meeting, which are due today.
Fed's Kashkari Says Inflation Still Too High, Latest Data Didn't Change View
Kashkari said the bigger surprise in the latest batch of inflation data was the revisions to gross domestic product growth that suggested a resilient economy and consumer.
Fed's Kashkari Sees Another Rate Increase This Year and One More in 2027
The Minneapolis Fed President is cautious about how quickly AI can deliver a productivity boom and translate into stronger corporate earnings.
Review & Preview: Intraday Downturn
The S&P 500 reversed gains to end Wednesday lower.
Cramer says 'frozen' conditions are holding many stocks back. Here's what could change that
CNBC's Jim Cramer said Wednesday that investors need to stay in the market despite "frozen" conditions in key industries. He pointed to housing, capital markets, and the data center boom as examples.
Trump says he is still considering diesel export ban
US President Donald Trump said on Wednesday that he has conversations about banning diesel exports "every day" as the White House races to curb soaring energy prices.
Trump 'thinking about' diesel export ban, but says it could have 'negative impact' on gasoline
President Donald Trump said he is still "thinking about" a diesel export ban, but appeared less favorable to the idea than he has in recent days. "We're in a very good place," Trump said, highlighting a recent resurgence in crude exports through the Strait of Hormuz.
Bar would be high for me to move rates in October, says Fmr. Dallas Fed President Robert Kaplan
Fmr. Dallas Fed President Robert Kaplan joins 'Closing Bell' to share his take on the current Fed hiking cycle, what the response should be to the latest inflation numbers, and more.
BREAKING: Trump announces $54B Alaska LNG project
Interior Secretary Doug Burgum discusses President Donald Trump's announcement of a $54 billion South Korean investment in an Alaska LNG project as part of a trade deal on ‘The Evening Edit.' #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #theeveningedit #trump #donaldtrump #alaska #lng #naturalgas #southkorea #trade #tradedeal #investment #energy #economy #business #dougburgum #interiorsecretary
Trump Dangles Alaska Gas Project as Part of Korean Investment Package
The long-delayed project, which the developer has not yet formerly greenlit, would deliver Alaskan gas to Asian markets but take several years to construct.
HireQuest: Data Center Growth Could Be The Next Earnings Driver
HireQuest Inc. is rated Buy, leveraging an asset-light franchise model that delivers superior profitability and reduces operating costs. HQI's 80%+ YTD stock surge is underpinned by robust manufacturing hiring and a strong national account pipeline, with visibility into 3Q26. Future earnings growth is expected from data center staffing demand, supported by industry capex and reshoring-driven labor shortages.
Watch Minneapolis Fed President Neel Kashkari discuss the economy and monetary policy
Kashkari will sit down with CNBC's Steve Liesman for an exclusive conversation Wednesday night.
Fed & Debt Risks Loom Over Bitcoin, Altcoins Outperform & Gauging Blockchain Activity
September was "relatively calm" for Bitcoin and other crypto assets compared to past years, says Jim Ferraioli of @CharlesSchwab. That doesn't mean risks don't exist for crypto assets.
Blue Origin's first outside funding round is 'oversubscribed' and not closed yet, CEO says
Blue Origin CEO Dave Limp said the space company's first outside funding round is "oversubscribed" and hasn't yet closed. The 26-year-old space company has, so far, been fully funded by Amazon founder Jeff Bezos.
The Cushion Beneath the Volatility
The rise in yields over the past several weeks has revived memories of 2022, when fixed income investors faced the painful combination of near-zero starting yields and rapidly repricing interest rate expectations. The starting point today is far more favorable.
A Tech-Fueled Stock Market Powers Through, but Limps Into the Fourth Quarter
The Nasdaq composite and the S&P 500 are on pace to finish with double-digit gains for the fourth straight year, a first since the late 1990s. Rising rates might intervene.
Tech CEOs Privately Questioned Amodei for Sounding AI Alarm Bells
Nvidia CEO Jensen Huang was among the executives at Tuesday's White House event who called out the Anthropic leader for his warnings about the technology's capabilities.
