NBA to name winning bids for Europe teams in the coming months, deputy commissioner says
The NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days, Deputy Commissioner Mark Tatum told CNBC.
The Iran oil shock taught traders these key lessons about demand and China

Global oil prices on Thursday touched their lowest level since the U.S.-Israeli war with Iran began almost four months ago. That marks a drop of more than 30% from their May peak and likely averts the disaster commodity experts had warned about as one of the largest crude supply shortages in history began playing out.
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Trump’s Iran agreement changes the game for investors. These are the two sectors to buy right now.

Hyperventilating experts were wrong about the Iran war. The end of the conflict is a massive buy signal for stocks.
California’s counting on an IPO tax windfall. Several factors are complicating the equation
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
CNBC to wade further into live sports with 11 simulcast WNBA games
The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.
Intel shares rally as Trump says company will build chips for Apple in the U.S.

Intel shares jumped in premarket trade on Thursday as President Donald Trump said the foundry will produce chips for Apple in the U.S.
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Inside the push to weaken Washington’s toughest financial watchdog

The SEC used to intimidate corporate wrongdoers. Now its own commissioners are gutting its leverage.
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