Month: March 2025
From Ireland’s Primark to Spain’s Mango, foreign retailers are planting their flags in more U.S. malls and cities
ELMHURST, NY — One of the newest additions to Queens Center is a store that many local mallgoers may not recognize. Along with well-known mall staples like Macy’s, American Eagle and Bath & Body Works, the shopping center is now home to a Primark. The Ireland-based discount retailer, which sells clothing, shoes, purses and more, […]
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Bitcoin jumps nearly $14,000 in three days on Trump’s crypto reserve announcement
Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon Bitcoin Over the weekend, Trump announced the creation of a strategic crypto reserve – a pivot from the “bitcoin stockpile” he previously touted – that he said will include ether, XRP, Solana’s SOL token and Cardano’s ADA, in addition to bitcoin. Bitcoin rose […]
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‘Reverse Robin Hood scam’ or windfall for middle class? Lawmakers debate Trump tax plan extensions
Key Points Republicans and Democrats are making competing claims about the impact of extending provisions in the Tax Cuts and Jobs Act. The GOP sees it as a windfall for low- and middle-income households. Democrats view it as a handout for the wealthiest Americans. Both sides can be correct depending on the frame of reference, […]
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Domino’s Pizza finally launches stuffed crust to keep customers away from rivals
Domino’s Parmesan Stuffed Crust. Source: Domino’s Pizza Domino’s Pizza is finally releasing its own version of stuffed crust on Monday, aiming to win over the customers who are willing to spend more on the pricey pizza customization. Thirty years ago, Yum Brands’ Pizza Hut debuted the cheesy stuffed crust, marketing the launch with a […]
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EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
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Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Two parents and their two children walk through a section of sweet cakes, biscuits and jam. Nicolas Guyonnet | Afp | Getty Images Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday. Economists surveyed by Reuters had expected […]
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Europe wants to broker peace in Ukraine — and between Trump and Kyiv after the White House fiasco
European leaders pose for a family photograph at Lancaster House during the European leaders’ summit on March 2, 2025 in London, England. Wpa Pool | Getty Images News | Getty Images European allies put forward their own peacekeeping plans for Ukraine at the weekend, as well as attempting to position the region as a mediator […]
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Servers used in Singapore fraud case may contain Nvidia chips, minister says
Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia’s advanced chips, a government minister said on Monday. Nurphoto | Nurphoto | Getty Images Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia’s advanced chips, a government minister said on Monday. Singapore last week charged three men with fraud in a case local media […]
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Chinese EV startup Xpeng delivers over 30,000 cars for a fourth straight month
The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025. CFOTO/Future Publishing via Getty Images Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. Xpeng delivered 30,453 cars last month, including […]
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Brazil’s bond market could be an ‘oasis’ for some investors as Trump ramps up tariff threats
A Brazilian flag. Anadolu | Anadolu | Getty Images Brazil’s government bonds could become an “oasis” for some investors, analysts told CNBC, particularly as global trade tensions fester. The bond market of Latin America’s largest economy is driven more by idiosyncratic factors such as fiscal policy and inflation outlook rather than by global sentiment, said […]
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