The Chinese national flag flies outside the Ministry of Foreign Affairs in Beijing on July 26, 2023. Greg Baker | Afp | Getty ImagesA China-led 10-state regional group criticized what it called protectionist trade measures on Wednesday,…
Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Geoff Robins | Afp | Getty ImagesKamala Harris on Wednesday distanced herself…
Small-cap benchmark closes at highest level since 2021The Russell 2000 outperformed on Wednesday, notching its highest closing level in nearly three years.The small-cap benchmark added 1.64%, posting its fourth straight winning session and its highest…
Citi has named Pegasystems one of its new top picks, citing an "underappreciated" artificial intelligence story and attractive valuation. The Wall Street bank has set a target price of $92 for Pegasystems, representing a potential…
The CEO of the United Arab Emirates’ premier AI firm stressed that the Gulf country is a reliable partner to the U.S. when it comes to keeping sensitive technology safe, as Washington reportedly mulls curbs…
The Raytheon Technologies, recently renamed RTX Corporation, headquarters building is seen at dusk on January 20, 2024, in Arlington, VA. J. David Ake | Getty ImagesThe Raytheon subsidiary of defense contractor RTX agreed Wednesday to pay…
Amazon Web Services is investing more than $500 million in nuclear power, announcing three projects from Virginia to Washington state. AWS, Amazon's subsidiary in cloud computing, has a massive and increasing need for clean energy…
Investors should keep an eye on companies that could disappoint on earnings and see their share price fall. Wall Street has been lowering its third-quarter growth estimates for months now. According to a recent FactSet…
Private equity billionaire Tom Gores has agreed to pay $750 million to buy 27% of the National Football League's Los Angeles Chargers at an enterprise value of $4 billion, according to two people with knowledge…
Traders work on the floor of the New York Stock Exchange on April 5, 2024.Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC…
Five of the seven swing states in the 2024 presidential election improved their overall business climates during the Biden-Harris administration, according to CNBC's annual America's Top States for Business study. But that does not necessarily…
Tesla and SpaceX CEO Elon Musk has rapidly become one of Donald Trump's top political donors, and he is now emerging as one of the Republican presidential nominee's most visible surrogates.Musk, the world's richest man,…
High end Porsche 911 Carrrera GTS car parked outside the Chanel store on Bond Street on 16th October 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty ImagesLONDON — Britain's ultra-rich non-doms are…
People visit an early voting location during midterm U.S. Congressional and state governor elections at the Smyrna Community Center in Smyrna, Georgia, November 3, 2022.Jonathan Ernst | ReutersA Georgia judge on Tuesday blocked a new rule…
A logo sits on display outside the Airbus wing assembly factory in Broughton, U.K.Paul Thomas | Bloomberg | Getty ImagesAirbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space…
DETROIT – General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand's long-standing segment leadership.The Detroit automaker's Chevrolet Tahoe and Suburban have led the mainstream…
General Motors Chair and CEO Mary Barra is shown on screen via livestream as she introduces her digitally delivered keynote address at CES 2022 at The Venetian Las Vegas on January 5, 2022 in Las…
An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024.Jonathan Raa | Nurphoto | Getty…
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024.Nurphoto | Nurphoto | Getty ImagesGlobal chip stocks fell on Wednesday, after Dutch semiconductor equipment maker ASML posted disappointing sales…
Style-photography | Istock | Getty ImagesGenerative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according to venture investors Accel.In its latest annual Euroscape report, which looks…
Hong Kong Chief Executive John Lee Ka-chiu delivers his annual policy address at the Legislative Council on Oct. 16, 2024, in Hong Kong.China News Service | China News Service | Getty ImagesHong Kong chief executive…
LVMH shares slide 6.3% at the open after third-quarter earnings disappointBernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in…
The OpenAI app icon displayed along with other AI applications on a smartphone.Jonathan Raa | Nurphoto via Getty ImagesTechnology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and…
Car batteries at a factory in Nanjing in China's eastern Jiangsu province.Str | Afp | Getty ImagesPARIS, France — The push to commercialize solid-state batteries for electric vehicles (EVs) is well underway, but analysts say…
(L to R) Eric Trump, former US President and Republican presidential candidate Donald Trump and Donald Trump, Jr. attend a remembrance ceremony on the 23rd anniversary of the September 11 terror attack on the World…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 17, 2024. Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC…
Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese e-commerce giant Alibaba's international arm on…
U.S. interest rate cuts are unlikely to move at an aggressive pace, say market watchers. The Fed kicked off its easing cycle with a jumbo 50 basis-point rate cut in September — but subsequent ones…
Traders, gamblers and politicos now have new tools to express their views this election cycle in the form of event contracts, but the new markets still need to win over Wall Street power players and…
Philip Esformes booking photo by Miami-Dade County Corrections and RehabilitationSource: Miami-Dade County Corrections and RehabilitationPhilip Esformes, whose 20-year prison sentence for a massive, $1.3 billion Medicare fraud scheme was commuted in 2020 by then-President Donald…
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter | Getty ImagesUnited Airlines said Tuesday that it is starting a $1.5…
In this photo illustration, Republican presidential candidate former President Donald Trump's social media platform Truth Social is shown on a cell phone on March 25, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesTrump Media shares…
As earnings season kicks into high gear, investors are keeping an especially close eye on the Magnificent Seven 's quarterly results. The group of mega-cap tech names — Apple , Microsoft , Alphabet , Nvidia…
U.S. President Donald Trump looks at a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C.,…
Children sift through waste at a landfill in Khan Yunis in the southern Gaza Strip on October 15, 2024, amid the ongoing war between Israel and the Palestinian militant group Hamas in the besieged Palestinian…
The AI trade is powering ahead as the markets are seeing a rotation back into the semiconductor, hardware and software companies that are driving the revolution. One industrial company on my radar — that I…
Former US President and Republican presidential candidate Donald Trump listens during a town hall at the Greater Philadelphia Expo Center and Fairgrounds in Oaks, Pennsylvania, on October 14, 2024. Jim Watson | Afp | Getty ImagesKamala…
Chinese electric vehicle maker Xpeng remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs, according to a top company official."Our plan for Europe is a very long…
Cars sit on a Chevrolet dealership's lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at…
Many colleges are under financial pressure, and the cracks are starting to show.At least 20 colleges closed in 2024, and more are set to shut down after the current academic year, according to the latest tally…
Shoppers make their way through the Miami Design District featuring stores from many luxury fashion names on December 14, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty ImagesThis report is from today's…
LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K.The weight-loss treatment firm and creator of Zepbound announced…
Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea's military, as seen from the South Korean side, October 15,…
Customers shop for produce at a Whole Foods Market 365 location in Santa Monica, California.Patrick T. Fallon | Bloomberg | Getty ImagesAs Amazon looks to add more automation into its supermarkets, the retailing giant is…
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Andrew Kelly | ReutersWalgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that…
Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand.The company's stock was up 10% at 12:17 p.m. in London.Ericsson on Tuesday declared adjusted…
Oil and gas stocks trade lower after IEA says oil market facing 'sizeable surplus'A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty ImagesOil and gas stocks were…
In Japan's biggest initial public offering in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company's regulatory filing on Tuesday.Miho Uranaka |…
A Peugeot Inception concept car at the Paris Motor Show on October 14, 2024.Riccardo Milani | Afp | Getty ImagesPARIS, France — Auto giants have descended on the Paris Motor Show to showcase their latest…
A man with Dior paper bag in Manhattan, New York City, United States of America on July 15th, 2024. Beata Zawrzel | Nurphoto | Getty ImagesThis report is from today's CNBC Daily Open, our international markets…
Crowded beaches. Expensive rent. Tourist sites with wall-to-wall people.When it comes to overtourism, don't blame the travelers, said Randy Durband, CEO of the Global Sustainable Tourism Council.Rather, it's "lack of management," he told "Squawk Box…
The Logo of Hyundai Motor India Limited is seen on a parked car in the company's stockyard, in the outskirts of Ahmedabad, India, October 8, 2024.Amit Dave | ReutersHyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on…
Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Investment bank Stifel examined both stocks and found that one has significant upside…
European flags flutter in front of the European Central Bank (ECB) building prior to a news conference following the meeting of the governing council of the ECB in Frankfurt/Main, Germany, on September 12, 2024. Daniel Roland…
Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner's dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump's on-paper net worth.The recent DJT…
Secretary of State for Business and Trade and President of the Board of Trade Jonathan Reynolds leaves 10 Downing Street after attending the weekly Cabinet meeting in London, United Kingdom.Wiktor Szymanowicz | Future Publishing |…
People vote on the first day of Virginia's in-person early voting at Long Bridge Park Aquatics and Fitness Center on September 20, 2024 in Arlington, Virginia. Andrew Harnik | Getty ImagesA federal appeals court has fast-tracked…
Canada and India each expelled six diplomats Monday in tit-for-tat moves as part of an escalating dispute over the June 2023 assassination of a Sikh activist in Canada.Foreign Minister Mélanie Joly said that Canada was…
Dividend stocks may start becoming more attractive to investors as the Federal Reserve cuts rates, but for Federated Hermes' Daniel Peris they have always been in vogue. For more than two decades, the senior portfolio…
People take photos in front of a giant Google logo at Google's Bay View campus in Mountain View, California on Aug 13, 2024 where the "Made by Google" media event was held today.Josh Edelson |…
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. GroganWarren Buffett's Berkshire Hathaway continued to increase its stake in SiriusXM,…
FILE - In this April 30, 2012 file photo, Lilly Ledbetter, left, speaks in Concord, N.H. President Barack Obama and his allies in the Senate pushed Tuesday for a bill that calls for equal pay…
Britain's Prime Minister Keir Starmer delivers a speech on stage during the International Investment Summit, held at The Guildhall, in central London, on October 14, 2024.Jonathan Brady | Afp | Getty ImagesLONDON — The U.K.'s…
Democratic presidential nominee and U.S. Vice President Kamala Harris delivers remarks during a campaign event at a fire station, in Redford Charter Township, Michigan U.S., October 4, 2024. Elizabeth Frantz | ReutersVice President Kamala Harris unveiled…
Boeing Machinists union members picket outside a Boeing factory on September 13, 2024 in Renton, Washington. Stephen Brashear | Getty ImagesIt's been just over a month since more than 30,000 Boeing machinists walked off the job…
A shipping container and gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Thursday, Oct. 10, 2024.Bloomberg | Bloomberg | Getty ImagesBEIJING — China's exports and imports both missed expectations in September, raising…
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty ImagesThe S&P 500 rose to a fresh record Monday as investors waited to…
Bill McDermott, Chairman, President & CEO ServiceNow, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCEnterprise software giant ServiceNow and AI-focused…
WASHINGTON — Michael Cohen is an unlikely civil rights warrior.The disgraced and disbarred lawyer enjoys fame of the notorious variety because of his longtime association with Donald Trump.That relationship ended in a spectacular falling out. He ended…
Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Science during a press conference at the Karolinska Institute in Stockholm, Sweden, on October 14, 2024. The 2024 Nobel Prize in Economy was…
Patrick Collison, CEO and co-founder of Stripe, speaking at 2022's Italian Tech Week in Turin, Italy.Giuliano Berti | Bloomberg | Getty ImagesFounders of some of Europe's largest technology unicorns on Monday backed an open letter…
U.S. President Joe Biden delivers remarks on the initial impacts of Hurricane Milton, as well as the Federal government’s ongoing support to State and local officials in the South Court Auditorium of the Eisenhower Executive…
Luxury stocks pull back as investors weigh China stimulus plansEuropean luxury stocks pulled back Monday as investors assessed the latest hints about stimulus measures out of China.Shares of Gucci-owner Kering were down 3.6% by 9:35…
Stockcam | E+ | Getty ImagesLONDON — The U.K. Labour government is hoping to woo foreign capital to the country on Monday, as it hosts its inaugural International Investment Summit in London.Prime Minister Keir Starmer,…
Residential buildings under construction at the Jinmao Palace project, developed by China Jinmao Holdings Group Ltd., in Shanghai, China, on Thursday, Oct. 3, 2024. Qilai Shen | Bloomberg | Getty ImagesChina property stocks jumped Monday after…
A view of Singapore's skyline and Marina Bay.Fraser Hall | The Image Bank | Getty ImagesSingapore's central bank on Monday left its monetary settings unchanged, as expected, as data showed the economy perked up in the…
Taiwan President Lai Ching-te gives a keynote address on national day to mark the 113th birthday of the Republic of China, Taiwan's formal name, in Taipei, Taiwan October 10, 2024.Ann Wang | ReutersChina's military launched…
On July 6, thousands of anti-tourism protesters marched through the streets of Barcelona, shouting: "Tourists go home!"A little more than a month later, Spain's tourism board sent a mass email with a different message: "Spain:…
Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on Monday, Sept. 30, 2024. Seth Herald | Bloomberg | Getty ImagesThis report is…
Goldman Sachs has refreshed its lists of top global stock picks, adding some and removing others. The stocks are featured in the investment bank's "Conviction List - Directors' Cut," which it says offers a "curated…
SpaceX is set to launch its fifth test flight of its Starship rocket on Sunday, as the company looks to make an ambitious attempt at catching the rocket's booster.Elon Musk's company has a 30-minute window,…
