Month: April 2025
Ripple president Monica Long on stablecoins, Trump and tokenization
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In this episode of Beyond the Valley, Monica Long, President of Ripple, joins CNBC’s Arjun Kharpal to talk about the state of the crypto market and what President Donald Trump means for the industry. Long also discusses Ripple’s stablecoin and the current […]
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American liquor exports hit record high in 2024, driven by tariffs
FILE PHOTO: Workers package bottles of Jack Daniel’s Single Barrel Select Tennessee Whiskey at the company’s distillery in Lynchburg, Tennessee, U.S., on Tuesday, May 18, 2021. Luke Sharrett | Bloomberg | Getty Images U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. […]
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Bank of England chief focused on tariff ‘growth shock’ but downplays UK recession risk
The Bank of England is focused on the potential U.K. growth shock from U.S. tariffs if there is a slowdown in global trade, the central bank’s governor Andrew Bailey said Thursday. “We’re certainly quite focused on the growth shock,” Bailey told CNBC’s Sara Eisen in an interview at the IMF-World Bank Spring Meetings. Going into […]
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Alphabet to report Q1 earnings results after the bell
Alphabet, the parent company of Google and YouTube, is set to report first-quarter earnings after the bell Thursday. Here’s what analysts are expecting. Revenue: $89.2 billion, according to LSEG Earnings per share: $2.02, according to LSEG YouTube advertising revenue: $8.97 billion, according to StreetAccount Google Cloud revenue: $12.27 billion, according to StreetAccount Traffic acquisition costs (TAC): $13.66 billion, according to […]
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Hasbro forecasts as much as $300 million impact if China tariffs don’t come down
Hasbro board games are seen for sale at a Target store in Austin, Texas, on Dec. 12, 2023. Brandon Bell | Getty Images If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected […]
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Tariffs give Europe an opportunity to assert itself as a superpower, central bank governor says
The uncertainty around trade tariffs is complex but a period of uncertainty also provides Europe with an opportunity to assert itself as an economic and geopolitical superpower, the governor of the Bank of Latvia told CNBC Thursday. “With all this uncertainty and vulnerability, this is also the time of opportunities for Europe,” said Mārtiņš Kazāks, […]
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Home sales last month dropped to their slowest March pace since 2009
A “For Sale” sign stands at a house in Miami, Florida, U.S. April 16, 2025. Marco Bello | Reuters Higher mortgage rates and concern over the broader economy are making for a weak start to the all-important spring housing market. Sales of previously owned homes in March fell 5.9% from February to 4.02 million units […]
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Trump tells Putin to ‘STOP!’ Russian strikes on Kyiv
Trump’s message to Vladimir Putin came a day after the American president said he believed that “Russia is ready” for a peace deal with Ukraine. Source
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Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy
Key Points In her first broadcast interview since taking the reins at the Cleveland Fed, Hammack noted the high level of uncertainty now and did not commit to a specific course of action regarding interest rates. A former Goldman Sachs executive, Hammack said she is sensitive to market movements but only in how they affect […]
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CNBC’s Inside India newsletter: Have India stocks bottomed?
India traders at the Motilal Oswal Financial Services Ltd. office in Mumbai, India. Vivek Prakash | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? […]
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