Month: January 2025
‘The best experience’: He’s been on 30 trips with a company that links travelers who can see with those who can’t
Glyn Evans has been on 30 trips with the same travel company, but he can still pinpoint the moment that stands out as his favorite. During a trip to Las Vegas, he served as best man for a couple on the same tour who got married on a whim. Yet unlike most weddings, the bride […]
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CNBC Daily Open: Trump tariff restraint sends markets higher
US President Donald Trump displayed on a television during a news broadcast on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 21, 2025. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]
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Asia-Pacific markets mixed as investors assess Trump tariff comments
Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Li Zhihua | China News Service | Getty Images Asia-Pacific markets traded mixed Wednesday, as investors parse President Donald Trump’s comments on imposing a 10% tariff on China. Australia’s S&P/ASX 200 rose 0.42%. Japan’s Nikkei 225 added 1.32%, […]
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Microsoft loses status as OpenAI’s exclusive cloud provider
U.S. President Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman look on on January 21, 2025 in Washington, DC. Trump is expected to announce investment in artificial intelligence (AI) infrastructure. Andrew Harnik | Getty Images News | Getty […]
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Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison
The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024. Jaap Arriens | Nurphoto | Getty Images President Donald Trump said on Tuesday that he’d consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing […]
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S&P 500 futures rise after Tuesday’s post-inaugural rally: Live updates
Traders work on the floor of the New York Stock Exchange on Jan. 15, 2025, in New York City. David Dee Delgado | Getty Images S&P 500 futures rose Tuesday night after the first trading session post Inauguration Day ended with strong gains. S&P 500 futures rose 0.20%, while Nasdaq 100 futures gained 0.47%. Dow […]
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Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1
U.S. President Donald Trump delivers remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters President Donald Trump said that his team was discussing a 10% tariff on China and that the duty could take effect as early as Feb. 1. “We’re talking about […]
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Europe’s luxury giants brace for a turnaround in fortunes amid China pivot
Europe’s beleaguered luxury sector could be set for a turn in fortunes this year, as early indicators point to improved consumer spending and a pivot away from China. Luxury shares shot up in trading last week after Cartier owner Richemont reported its “highest ever” quarterly sales in the three months to December, indicating a rebound […]
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Stripe cuts 300 jobs in product, engineering and operations
The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed. The payments company, valued at about $70 billion in the private markets, still […]
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Netflix to hike prices on standard and ad-supported streaming plans
The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its U.S. plans. The streaming giant announced on Tuesday that its standard plan without commercials will increase from […]
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