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Shipowners ploughed windfall into new vessels and are braced for steep drop in rates if Strait of Hormuz reopens

Clean power is within our reach — yet factories sit idle

OpenAI has proposed a sovereign-wealth-style fund to ease public anxiety about the impact of artificial intelligence

“The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot.”

Nvidia fell 6.2%, Broadcom dropped 7.9% and Micron Technology slid 13.3% for the biggest loss among stocks in the S&P 500.