Month: June 2025
Hilton CEO on opening 150+ hotels: It’ll be a really, really good year again
Chris Nassetta, Hilton Worldwide CEO, joins ‘Squawk on the Street’ to discuss Hilton’s demand picture, the impact of tariffs and much more. Source
Read More
Trump and China’s Xi will likely talk very soon, White House official says
President Donald Trump and China’s President Xi Jinping shake hands at a press conference following their meeting at the Great Hall of the People in Beijing. Artyom Ivanov | TASS | Getty Images President Donald Trump and Chinese President Xi Jinping are likely to speak this week, a senior White House official told CNBC on […]
Read More
White House ‘close to the finish line’ on some trade deals, says Treasury official
Deputy Treasury Secretary Michael Faulkender said Monday that the Trump administration continues “to make very good progress” on trade negotiations, and it is “close to the finish line on a couple” of deals. “As long as we continue to make progress, I think you’re going to see a lot more deals that are announced prior […]
Read More
Applied Digital shares rip 40% higher on CoreWeave AI lease agreement
Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said […]
Read More
Amazon’s pricing controls may be anticompetitive, German regulator warns
Packages with the logo of Amazon are transported at a packing station of a redistribution center of Amazon in Horn-Bad Meinberg, western Germany, on Dec. 9, 2024. Ina Fassbender | Afp | Getty Images German antitrust regulators warned Amazon on Monday that the company’s pricing mechanisms for third-party sellers could run afoul of competition laws. […]
Read More
Ukraine attack on Russian nuclear bombers overshadows peace talks in Turkey
The Russian and Ukrainian delegations leave after the second round of Ukraine-Russia peace talks at Ciragan Palace on June 2, 2025 at in Istanbul, Turkey. Chris Mcgrath | Getty Images News | Getty Images Peace talks between Russia and Ukraine in Istanbul ended barely an hour after they began on Monday, a day after a […]
Read More
Why Tesla sales are rebounding in Norway while Europe lags
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on Sept. 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla‘s sale of new cars in Norway skyrocketed 213% in May from a year ago, according to […]
Read More
Stephen Curry considers broadcasting, team ownership and PGA Tour Champions as NBA retirement inches closer
Stephen Curry isn’t retiring from the National Basketball Association yet, but he’s already thinking about new career paths — including broadcasting, team ownership and playing on the PGA Tour Champions. The Golden State Warriors star spoke to CNBC Sport as part of “Curry Inc.: The Business of Stephen Curry,” a television production centered on Curry’s […]
Read More
Steel stocks surge after Trump doubles steel tariffs, Cleveland Cliffs jumps more than 20%
The Cleveland Cliffs Cleveland Works steel mill facility in Cleveland, Ohio, on Oct. 20, 2024. Dustin Franz | Bloomberg | Getty Images Major steel stocks jumped Monday after President Donald Trump hiked tariffs tied to the metal. Shares of mining company Cleveland-Cliffs popped roughly 22% following the announcement, while Steel Dynamics jumped more than 13% […]
Read More
Trump’s 50% steel tariff could see prices tank in Europe — and soar in the U.S.
US President Donald Trump receives a gold helmet with his name on it during a visit to US Steel – Irvin Works in West Mifflin, Pennsylvania, May 30, 2025, to mark the ‘partnership’ between Nippon Steel and US Steel. Saul Loeb | AFP | Getty Images U.S. President Donald Trump surprised markets yet again with […]
Read More