Month: May 2025
Here’s how many fake reviews Tripadvisor found on its website in 2024
Around 8% of the 31.1 million reviews submitted to Tripadvisor in 2024 were fake, according to the company’s “Transparency Report 2025.” That’s more than twice the number detected in 2022, according to company reports. But that doesn’t mean the number of fake reviews on the site doubled, said Becky Foley, vice president and head of […]
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Trump delays 50% tariffs on EU to July 9
President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. Evan Vucci | AP Photo President Donald Trump said Sunday that he agreed to an extension on the 50% tariff deadline on the European Union until July 9. “I received a […]
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European insurance giants take $3.5 billion hit from Los Angeles wildfires — beating estimates
Financial losses stemming from the California wildfires earlier this year have risen to at least $3.5 billion for European insurance giants, according to CNBC’s calculations. The insured losses, mainly from reinsurance claims, are being borne by 10 large, listed firms in Europe, mainly centered in Germany, the U.K., Switzerland and France. Germany-listed Munich Re and […]
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House budget bill draws Senate GOP pushback: ‘They’re going to explode the debt’
Sen. Ron Johnson, R-Wis., is seen in the U.S. Capitol during a series of votes on Thursday, April 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Ron Johnson said Sunday that he thinks he has enough GOP colleagues on board with his opposition to the House’s “big, beautiful bill” to stall […]
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Summer 2025 is a ‘perfect storm for cheap flights,’ expert says: 5 destinations that won’t break the bank
June is right around the corner, but there are still some great deals available if you’re looking to book your summer travel. Typically the best summer airfare prices dry up by late May and early June, but 2025 isn’t shaping up to be like most years. “At this point in the year, trying to get […]
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House Speaker Johnson downplays deficit concerns as budget bill faces skeptics in Senate
U.S. House Speaker Mike Johnson (R-LA) speaks to a reporter, as he leaves for a meeting at the White House on the budget, on the day of the House Rules Committee’s hearing on U.S. President Donald Trump’s plan for extensive tax cuts, on Capitol Hill, in Washington, D.C., U.S., May 21, 2025. Nathan Howard | […]
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Top Wall Street analysts favor these stocks for the long haul
Idrees Abbas | SOPA Images | Lightrocket | Getty Images The rising U.S. budget deficit is on the forefront of investors’ minds, weighing on stocks. However, sell-offs can present a buying opportunity — for those who know where to look. The recommendations of top Wall Street analysts can help investors pick out the right stocks […]
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An all-weather stock for this volatile market and economy that even thrived during the financial crisis
We’re adding an auto-parts stock with a history of resiliency and a current business that could benefit from tariffs to our All-Weather stock list . The goal of the All-Weather list is to use our CNBC Pro resources — top Wall Street analyst research, stock screening tools of the Pros — to identify stocks that […]
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Japan PM Ishiba aims to advance US tariff talks; eyes outcome at G7 summit
Japan’s prime minister, Shigeru Ishiba. Bloomberg | Bloomberg | Getty Images Japanese Prime Minister Shigeru Ishiba on Sunday said Tokyo aims to advance tariff talks with the United States, with the goal of achieving an outcome during the Group of Seven summit next month. Japan’s top tariff negotiator Ryosei Akazawa held a third round of […]
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