Month: May 2025
Asia-Pacific markets set for muted open as investors assess Trump’s tariff plans
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Asia-Pacific markets are set to have a muted open Tuesday, as investors assessed U.S. President Donald Trump’s postponement of 50% tariffs on European Union imports. Japan’s benchmark Nikkei 225 was set to open slightly higher, with the futures […]
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Dow futures rise 400 points after Trump announces extension on EU tariff: Live updates
Traders work on the floor of the New York Stock Exchange on May 21, 2025. NYSE Stock futures jumped Monday night after President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union. Dow Jones Industrial Average futures added 407 points points, or 1%. S&P 500 […]
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Car collides with pedestrians at parade celebrating soccer win in Liverpool, England
Emergency services at the scene in Liverpool, England, after multiple people were hit by a car during the Victory paradeon May 26, 2025. Phil Noble | Reuters As thousands of people lined the streets to celebrate Liverpool Football Club’s English Premier League title win, a car collided with a number of pedestrians in the center of Liverpool, a […]
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What you might have missed in Berkshire’s very last annual meeting led by Warren Buffett
It’s confirmed Warren Buffett won’t take the stage at Berkshire Hathaway ‘s annual meeting next year, with the Oracle of Omaha set to step down as CEO at the end of 2025. The investment sage, who turns 95 in August, is handing over the reins after a legendary six-decade run at the conglomerate. Its annual […]
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From Las Vegas to Key West: U.S. travelers say these are the 10 most popular summer destinations in the country
According to a recent report from Tripadvisor, Americans looking to travel domestically this summer want a blend of bustling city activities and laid-back beach vacations. The report ranked the top domestic summer travel destinations for U.S. travelers using two key sources: an online survey of over 2,800 consumers conducted between March 26 and April 8, […]
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Trump considers redirecting $3 billion in Harvard grants to U.S. trade schools
The Harvard University seal on the university’s campus in Cambridge, Massachusetts, US, on Monday, May 5, 2025. Mel Musto | Bloomberg | Getty Images U.S. President Donald Trump said on Monday he is considering taking $3 billion of previously awarded grant money for scientific and engineering research away from Harvard University and giving it to […]
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It’s the last chance for Southwest plane tickets with two free checked bags, as policy ends in days
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Set your alarm. Southwest Airlines customers have only one day to go before the company starts charging to check bags for the first time in more than half a century. Starting […]
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How the tycoons behind Kind Bars, Hot Pockets and other snacks diversify their fortunes
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Billionaire Daniel Lubetzky built his fortune on Kind snack bars made with nuts, fruits and whole grains. He sold a controlling […]
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Tech conferences are ramping up security to quell employee protests as political tensions rise
Security officers block entrance doors after pro-Palestinian protesters attempted to enter the Microsoft Build conference at the Seattle Convention Center Arch building in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images At Microsoft’s annual Build conference on Tuesday, Executive Vice President Jay Parikh’s keynote was interrupted by an employee protesting […]
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Sweden’s Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last […]
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