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Fidji Simo steps down from OpenAI’s no. 2 role
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South Korean chip giant SK Hynix raises $26.5bn in US share sale
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South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
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Asian stocks climb and oil prices slip as traders monitor Iran war developments
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Nominations open in the contest to be UK leader, with Andy Burnham likely the only candidate
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Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers’ borrowing costs
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US home prices hit an all-time high as sales slow and mortgage rates rise
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US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
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PepsiCo says economic concerns weighed on customers in North American during recent quarter
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Fed minutes: Officials deeply divided over future path of US inflation
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IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI
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