CNBC: Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

https://www.cnbc.com/2026/08/12/japan-yen-us-dollar-intervention-.html

CNBC: Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

https://www.cnbc.com/2026/08/12/oil-prices-today-wti-brent-red-sea.html

CNBC: Google’s new AI boss inherits a race to catch OpenAI and Anthropic

Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.

https://www.cnbc.com/2026/08/12/google-deepmind-koray-kavukcuoglu.html

CNBC: Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes container ship

A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.

https://www.cnbc.com/2026/08/12/us-iran-war-trump-hormuz-houthi-attack-blockade-.html

CNBC: World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time

The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.

https://www.cnbc.com/2026/08/12/norway-sovereign-wealth-fund-spacex-nvidia-apple-nbim.html

CNBC: Treasury yields are little changed as investors await key inflation data

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%.

https://www.cnbc.com/2026/08/12/treasury-yields-inflation-cpi-data.html

CNBC: Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads

Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.

https://www.cnbc.com/2026/08/12/china-tencent-earnings-q2-2026-gaming-ai-advertising.html

CNBC: New York City Council announces probe into prediction market platforms’ marketing strategies

In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.

https://www.cnbc.com/2026/08/12/new-york-city-council-probes-prediction-markets-marketing-strategies.html

CNBC: Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says

The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.

https://www.cnbc.com/2026/08/12/iea-oil-demand-hormuz.html

CNBC: Coreweave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening

AI cloud giant Coreweave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

https://www.cnbc.com/2026/08/12/coreweave-q2-earnings-ai-demand.html

CNBC: China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?

China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.

https://www.cnbc.com/2026/08/12/china-comac-boeing-airbus.html

CNBC: Scorching heat is straining Europe's nuclear power supplies — and prompting drastic measures

Heat and drought are curbing nuclear output across Europe, with Romania facing a possible reactor shutdown and France reducing generation.

https://www.cnbc.com/2026/08/12/europe-heat-drought-nuclear-power.html

CNBC: Meta and Nvidia plant 'very firm flag' in open-weight AI race led by Chinese Labs

With China way ahead in the market for open-weight models, Meta and Nvidia are both doing what they can to put the U.S. on the map.

https://www.cnbc.com/2026/08/12/meta-nvidia-open-weight-ai-race-china.html

CNBC: Mortgage rates finally stop rising, causing demand to trickle back

Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.

https://www.cnbc.com/2026/08/12/mortgage-rates-finally-stop-rising-causing-demand-to-trickle-back-.html

CNBC: AI’s costly buildout complicates the Fed’s inflation fight

Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed’s job.

https://www.cnbc.com/2026/08/12/ais-costly-buildout-complicates-the-feds-inflation-fight.html

CNBC: Jim Cramer's top 10 things to watch in the stock market Wednesday

The July CPI report matched expectations, and CoreWeave's earnings report shows booming demand for Nvidia chips.

https://www.cnbc.com/2026/08/12/jim-cramers-top-10-things-to-watch-in-the-stock-market-wednesday.html

CNBC: 'Tougher times ahead': Don't expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half

Norway's sovereign wealth fund, the largest of its kind, is an investor in around 1.5% of the world's listed companies.

https://www.cnbc.com/2026/08/12/norway-sovereign-wealth-tangen-nbim.html

CNBC: Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%

The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.

https://www.cnbc.com/2026/08/12/cpi-inflation-report-july-2026.html

CNBC: Home Depot CEO taking temporary medical leave, two top execs to run the retailer

Home Depot's CEO Ted Decker is taking a temporary medical leave of absence that's expected to last a few months.

https://www.cnbc.com/2026/08/12/home-depot-ceo-ted-decker-medical-leave.html

CNBC: Solar eclipse drives Europe hotel prices to over $1,000 a night

Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.

https://www.cnbc.com/2026/08/12/solar-eclipse-europe-hotel-prices.html

CNBC: Trust, but hedge: Quietly violent summer lingers as bulls buy crash protection

It's been a wild summer for stocks, even if it may not feel like it at surface level.

https://www.cnbc.com/2026/08/12/trust-but-hedge-quietly-violent-summer-lingers-as-bulls-buy-crash-protection.html