Mar 11, 2026 • 2 min

Trump says U.S. will build first refinery in 50 years with investment by India's Reliance Industries

U.S. President said India's largest private energy company Reliance Industries is investing in a $300-billion refinery project in Texas.

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CNBC Finance

finance

Mar 11, 2026 • 2 min

Asia-Pacific markets trade higher as investors weigh developments in the Middle East

Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war.

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CNBC Finance

finance

Mar 11, 2026 • 4 min

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD

A Cerebras deal from one of the world's top cloud providers could be a big boon for a company that's trying to hit the public market.

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CNBC Finance

finance

Mar 10, 2026 • 4 min

Microsoft backs Anthropic in Pentagon blacklist battle, urges temporary restraining order

Microsoft threw its support behind Anthropic and advocated for a temporary restraining order to the Pentagon's supply chain risk designation.

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CNBC Finance

finance

Mar 10, 2026 • 1 min

FirstFT: Japan’s Sanae Takaichi confronts Iran war oil shock

Also in today’s newsletter: China warns Maersk and MSC over high freight rates, and Amazon leads record US corporate borrowing rush

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Financial Times (FT)

finance

Mar 10, 2026 • 2 min

Ford launches new AI to grow multibillion-dollar Pro commercial business

Ford CEO Jim Farley last month said diversifying Pro's revenue — specifically in software — is a crucial growth area for the company.

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CNBC Finance

finance

Mar 10, 2026 • 4 min

Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%

Oracle boosted its revenue backlog total by $30 billion during the February quarter.

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CNBC Finance

finance

Mar 10, 2026 • 3 min

Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation

President Trump tapped Kevin Warsh as the next chairman of the Federal Reserve. It's unclear if the Senate will confirm him soon to replace Jerome Powell.

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CNBC Finance

finance

Mar 10, 2026 • 1 min

Soaring fuel prices expected to cast long shadow across US economy

Industries from farming to airlines face long-term higher costs and will raise customer prices in response

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Financial Times (FT)

finance

Mar 10, 2026 • 4 min

Gas prices threaten Republican lawmaker's plans to win on affordability

House Republicans plan to keep control of that chamber on a message of low costs. But higher oil prices could complicate that message.

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CNBC Finance

finance

Mar 10, 2026 • 4 min

Elon Musk's xAI wins permit to build power plant in Mississippi despite pollution concerns

Mississippi regulators authorized xAI to build a power plant with 41 natural gas-burning turbines in Southaven to power its nearby data centers.

C

CNBC Finance

finance

Mar 10, 2026 • 5 min

Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair

Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.

C

CNBC Finance

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