Day: January 16, 2025
Asia-Pacific markets are set to open lower as investors await a slew of China data
Night view of the Lujiazui financial district in downtown Shanghai. Yongyuan Dai | E+ | Getty Images Asia-Pacific markets were set to open lower Friday as investors brace for a slate of economic data from China. Australia’s S&P/ASX 200 traded flat at the open. Japan’s Nikkei 225 futures pointed to a lower open for the […]
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Trump and bitcoin: BlackRock predicts another historic year for crypto
ETF Edge Trump and bitcoin: BlackRock predicts another historic year for crypto Published Thu, Jan 16 20256:30 PM ESTUpdated 18 Min Ago Krysta Escobar WATCH LIVE Source
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Top Supreme Court lawyer charged with tax evasion related to poker winnings
Tom Goldstein, who writes SCOTUSblog.com, poses for a photograph in front of the Supreme Court, Thursday, Oct. 31, 2013, in Washington. Alex Brandon | AP A top Supreme Court lawyer who co-founded a popular blog about the high court was indicted Thursday in Maryland on federal tax evasion charges that allege he failed to declare […]
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Yacht-racing competition SailGP has two podiums — one for sport and one for the planet
An international sailing championship has become the first of its kind to rank teams on their efforts in sustainability, as well as performance. CNBC explored how SailGP is racing for the future. An international yacht-racing competition, featuring teams competing in high-tech foiling catamarans across a season of multiple grand prix events, is on a mission […]
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Duolingo shares climb 7% as users swarm to app to learn Mandarin
A Duolingo logo is seen on a smartphone. Pavlo Gonchar | LightRocket | Getty Images Duolingo shares rose nearly 7% on Thursday following a large spike in users signing up to learn Mandarin in conjunction with soaring usage of Chinese social media app RedNote, a TikTok rival. The company confirmed to CNBC that there’s been […]
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Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap CEO Evan Spiegel, joins CNBC ‘Power Lunch’ on September 17, 2024. CNBC Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC’s non-public complaint involves allegations that Snapchat’s My AI chatbot poses “risks and harms to […]
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Watch SpaceX launch Starship flight testing how it will deploy satellites in space
SpaceX is set to launch the seventh test flight of its Starship rocket on Thursday, as the company looks to push development of the mammoth vehicle further, including with a crucial test for how it will deploy satellites. The company has an hour window, from 5 p.m. ET to 6 p.m. ET, to launch Starship […]
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Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
If President-elect Donald Trump follows through with his threat to impose tariffs on Canadian goods, Ottawa is prepared to retaliate with levies that could take aim at the energy sector, Canada’s minister of international trade, Mary Ng, said Thursday. “Everything is on the table,” Ng told global markets reporter Seema Mody on CNBC’s “Squawk on […]
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Apple has worst day since August following reports of China, AI struggles
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple stock closed down 4% on Thursday, its worst day since Aug. 5, following […]
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Amazon lays off about 200 employees in its stores unit
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed. The core retail business, which […]
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