Month: March 2025
Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates
Steel coils are pictured in the yards of the steelmaker Ternium plant. Daniel Becerril | Reuters U.S. President Donald Trump’s 25% tariffs on steel and aluminum imports came into effect Wednesday, resulting in swift counter-measures from the European Union. The White House confirmed the duties — which will affect Canada, Australia, the EU and others […]
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Ray Dalio warns a severe U.S. supply-demand debt problem could lead to ‘shocking developments’
Bridgewater founder Ray Dalio on Wednesday warned that a “very severe” supply-demand problem regarding U.S. debt. “The first thing is the debt issue, we have a very severe supply-demand problem,” Dalio told CNBC’s Sara Eisen at CONVERGE LIVE in Singapore. Dalio, who was speaking on the same panel as Salesforce CEO Marc Benioff, said this […]
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DeepSeek AI cranks open the spigots on Chinese venture capital
Key Points DeepSeek’s artificial intelligence breakthrough has led to an “avalanche” of interest in Chinese tech firms over recent months. It could mark a much-needed boost for the country’s investment landscape. VC investment into China-based companies has fallen for the last three years, according to Pitchbook data. “People are rushing just to find the next […]
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Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years. The cloud software giant said the investment is designed to accelerate the […]
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CONVERGE LIVE updates: Ray Dalio, Marc Benioff and Alibaba’s Tsai to talk AI, markets and more
Tourists visit the Jewel Changi Airport in Singapore on Sept. 7, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images SINGAPORE — Welcome to CNBC’s live blog on the first day of CONVERGE LIVE in Singapore, where global business leaders, investors and key policymakers will share ideas about what it means to innovate […]
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Trump’s tariffs are still rocking markets. Here’s how strategists advise protecting your portfolios
Stock markets have seen volatile trading in recent weeks, as investors try to keep on top of the news flow. Source
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Stock futures are little changed as key consumer inflation report looms: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures were little changed on Tuesday evening after uncertainty around President Donald Trump’s tariffs sent the major averages on a roller-coaster ride. Investors also awaited a […]
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‘Tariffs break trust’: How Trump’s trade policy is putting pressure on U.S. farmers
Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Association Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, however, he has to navigate a tariff minefield at a time when the sector is already facing major headwinds. Ragland works with […]
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A big inflation report is on the way Wednesday. Here’s what to expect
A person browses a grocery store following the announcement of tariffs on Canadian and Mexican goods by U.S. President Donald Trump, in Toronto, Ontario, Canada, on March 4, 2025. Arlyn Mcadorey | Reuters With concerns running high that President Donald Trump’s tariff policies will aggravate inflation, a report Wednesday could deliver some mildly encouraging news. […]
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Trump to address CEOs at Business Roundtable as market sell-off continues
U.S. President Donald Trump looks on on the day he signs an executive order in the Oval Office, at the White House in Washington, D.C., U.S. Feb. 25, 2025. Evelyn Hockstein | Reuters President Donald Trump is set Tuesday to address a major meeting of top CEOs, many of whom have seen the value of […]
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