Month: May 2025
Two JPMorgan ETFs that are providing a destination for risk-adverse investors
ETF Edge Two JPMorgan ETFs that are providing a destination for risk-adverse investors Published Fri, May 2 20257:45 AM EDT Krysta Escobar WATCH LIVE Source
Read More
Berkshire investors hope for Buffett’s guidance at annual meeting with tariffs shaking markets, economy
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett has been mum about tariffs and the recent market turmoil, but will finally speak his mind when the 94-year-old investment legend kicks off Berkshire […]
Read More
‘Large number of foreign investors’ skittish about investing in America, longtime investor Rebecca Patterson warns
Fast Money ‘Large number of foreign investors’ skittish about investing in America, longtime investor Rebecca Patterson warns Published Fri, May 2 20257:28 AM EDT Anna Gleason@anna_gle WATCH LIVE Source
Read More
Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty
The 151st running of the Kentucky Derby is set for Saturday amid a backdrop of global economic uncertainty, waning consumer confidence and tariffs that could cause construction costs to rise. Churchill Downs has paused a $900 million capital improvement project at its storied race track in Louisville, Kentucky, the site of the world’s most famous […]
Read More
Ireland fines TikTok 530 million euros for sending EU user data to China
The TikTok logo is seen outside the Chinese video app company’s Los Angeles offices on April 4, 2025 in Culver City, California. Robyn Beck | AFP via Getty Images TikTok has been fined 530 million euros ($601.3 million) by Ireland’s privacy regulator for sending user data to China. The Irish Data Protection Commission (DPC) — […]
Read More
Tether eyes U.S. expansion with new stablecoin as CEO courts Washington crypto players
DUBAI, United Arab Emirates — Tether, the world’s largest stablecoin issuer, is preparing to launch a U.S.-based stablecoin as soon as this year, as its CEO ramps up his presence in Washington to shape crypto regulation. In an interview with CNBC this week, Tether CEO Paolo Ardoino revealed that the company is working on plans […]
Read More
China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month
People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Chinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering more than 30,000 vehicles for the sixth consecutive month. That represents a 273% year-on-year […]
Read More
Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. Michael Nguyen/NurPhoto via Getty Images Euro zone inflation was unchanged at 2.2% in April, missing expectations for a move lower, flash data from statistics agency Eurostat showed Friday. Economists polled […]
Read More
Russia’s war in Ukraine ‘not going to end any time soon,’ JD Vance says
U.S. Vice President JD Vance waves as he boards Air Force Two on May 1, 2025 in Charleston, South Carolina. Pool | Getty Images News | Getty Images U.S. Vice President JD Vance has warned Russia’s full-scale invasion of Ukraine is not likely to come to an end “any time soon.” Speaking during an interview […]
Read More
Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia’s gross domestic product if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday. “We have a big, ambitious kind of goal, which is about 2 million tourists by 2030, which will be around a $4 billion contribution towards our GDP,” […]
Read More