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DBS Group CEO said he does not expect the Fed to hike rates this year but will trade according to market expectations.

2026-08-06

DBS Group CEO said he does not expect the Fed to hike rates this year but will trade according to market expectations.

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2026-08-06

Iran’s deputy foreign minister said on Wednesday Tehran is not negotiating with the United States over the Strait of Hormuz, calling US claims that talks are underway incorrect. He said Iran has received US communications indicating Washington is pre

Iran’s deputy foreign minister said on Wednesday Tehran is not negotiating with the United States over the Strait of Hormuz, calling US claims that talks are underway incorrect. He said Iran has received US communications indicating Washington is prepared to resume prior commitments, but Tehran has not decided whether to enter a second phase that would implement any US‑Iran memorandum of understanding. Earlier on Wednesday President Trump said the Strait would reopen “soon” or he would launch a new round of strikes, saying “very good discussions” were underway and warning he would resume military action if Iran reneged.
2026-08-05

Business Insider reports AI startup Anthropic has confirmed it is assembling an internal chip team to design custom accelerators for its Claude model. A job posting and company statement show Anthropic is hiring engineers to design bespoke chips; a s

Business Insider reports AI startup Anthropic has confirmed it is assembling an internal chip team to design custom accelerators for its Claude model. A job posting and company statement show Anthropic is hiring engineers to design bespoke chips; a spokesperson said this is the company’s first public confirmation. The spokesperson said Anthropic will co-design hardware and AI models so Claude can "run faster and more efficiently at customer scale." They added Anthropic will pursue a multi‑chip strategy and will continue to rely on hardware from AWS, Google, NVIDIA and AMD as key components when scaling compute.
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