Month: March 2025
CNBC Daily Open: Stocks post second winning day as U.S. consumers show signs of holding up
Shoppers at the grand opening of Wegmans supermarket on Feb. 26, 2025 in Lake Grove, New York, U.S. Howard Schnap | Newsday | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For […]
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Trump revokes secret service protection for Biden’s children Hunter and Ashley
Hunter Biden, son of U.S. President Joe Biden, arrives at court for his trial on tax evasion in Los Angeles on Sept. 5, 2024. Ringo Chiu | AFP | Getty Images U.S. President Donald Trump on Monday revoked secret service protection for former president Joe Biden’s children Hunter Biden and Ashley Biden. “Hunter Biden has had Secret Service protection for an extended […]
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China’s Xi may visit US in not-too-distant future, Trump says
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images U.S. President Donald Trump on Monday suggested that Chinese President Xi Jinping may visit the United States “in the not-too-distant future” for talks as economic tensions escalate between the powers. Trump has slapped 20% levies on all imports from China since taking […]
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Software startup Rippling sues competitor Deel, claiming a spy carried out ‘corporate espionage’
Co-founder & CEO of Rippling Parker Conrad speaks onstage during the TechCrunch Disrupt conference in San Francisco on Oct. 20, 2022 Kimberly White | TechCrunc | Getty Images Human resources software startup Rippling sued competitor Deel in federal district court on Monday, claiming that “Deel cultivated a spy” to orchestrate a trade-secret theft. The employee […]
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Asia-Pacific markets set to rise as Wall Street bounces on retail sales data
Yukinori Hasumi | Moment | Getty Images Asia-Pacific markets are set to rise on Tuesday, tracking gains on Wall Street, which ticked up after retail sales data appeared to ease recession concerns. Investors will be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting on […]
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Japan lacks workers to care for the elderly. This company is using AI to help
Mikio Okumura, group CEO and president of Sompo Holdings Inc. Bloomberg | Bloomberg | Getty Images Sompo Holdings, Inc., one of Japan’s biggest insurance companies, says it’s using artificial intelligence to help alleviate a critical shortage of workers needed to care for the country’s aging population. AI and other technology can replace tasks normally performed […]
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Singapore is more expensive than regional peers. So it’s using a different playbook to attract visitors
British national Tony Cross first set foot in Singapore in 1992, when the city-state’s main draws were its glitzy malls, the pulsating Zouk nightclub and the renowned Singapore Zoo. Today, shopping has taken a backseat, as prices for goods have climbed alongside commercial rents in a city where space is scarce. And, Singapore’s once-thriving clubbing […]
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Trump’s World Liberty Financial crypto project says it sold $550 million in tokens
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images President Donald Trump’s World Liberty Financial crypto project said on Monday that it raised $250 million in its second token sale, bringing the total amount of coins sold to $550 […]
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DOJ seeks to boot judge questioning Trump deportations, lawyer warns of ‘constitutional crisis’
U.S. President Donald Trump speaks to the media during a guided tour of the John F. Kennedy Center for the Performing Arts before leading a board meeting on March 17, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Department of Justice on Monday asked a federal appeals court in Washington, D.C., to replace […]
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Trump nominates Republic Airways CEO Bryan Bedford as US FAA head
FILE PHOTO: Republic CEO Bryan Bedford speaks during a news conference, Tuesday, April 13, 2010, in Milwaukee. Morry Gash | AP U.S. President Donald Trump nominated Republic Airways CEO Bryan Bedford as the administrator of the Federal Aviation Administration, he said on social media on Monday. The position requires Senate confirmation. “Brian brings over three decades of experience […]
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