Day: July 15, 2025
Trump says tariff letters for smaller countries coming soon; rates likely over 10%
U.S. President Donald Trump speaks during the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters U.S. President Donald Trump on Tuesday said letters notifying smaller countries of their U.S. tariff rates would go out soon, adding that his administration would likely set a tariff of […]
Read More
Asia-Pacific markets set to open mixed after Trump’s tariffs on Indonesia
Opening calls from Singapore Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan’s benchmark Nikkei 225 was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index’s last close at 39,678.02. Australia’s S&P/ASX 200 was also set to […]
Read More
U.S. launches investigation in Brazil’s trading practices
Brazil’s President Luiz Inacio Lula da Silva speaks to the media at the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo Moraes Ricardo Moraes | Reuters The U.S. Trade Representative said on Tuesday it had launched an investigation into Brazil’s “unfair” trading practices. The investigation, which was previously announced by President Donald Trump, will seek […]
Read More
Central banks are increasingly buying gold from local mines as prices surge
Gold prices fell on Tuesday, retreating from near a four-week high, as a modest rise in the dollar weighed on the metal, although uncertainty over the U.S.-China trade agreement kept investors cautious and limited the bullion’s decline. Sven Hoppe | Picture Alliance | Getty Images Central banks are increasingly looking to bolster their gold reserves. […]
Read More
Trump’s stream of social posts come at all hours — except one. Here’s what the data shows
U.S. President Donald Trump’s market-moving social media commentary has kept traders, investors, and even journalists on their toes since being elected. CNBC’s analysis of his Truth Social data shows that Trump has posted across every hour of the day since being elected on November 4. The 3 a.m. hour, in Washington D.C., appears to be […]
Read More
Stock futures slip as investors await more bank earnings and inflation data: Live updates
Traders work on the floor of the New York Stock Exchange moments before the Closing Bell and the start of President Donald Trump’s news conference on tariffs on April 02, 2025 in New York City. Spencer Platt | Getty Images Stock futures ticked lower on Tuesday evening, as investors awaited earnings releases from several big […]
Read More
Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump
Plant Vogtle Nuclear Power Plant in Waynesboro, GA, August 15, 2024. Van Applegate | CNBC Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to […]
Read More
Whoop says FDA is ‘overstepping its authority’ with warning about blood pressure feature
The logo for the Food and Drug Administration is seen ahead of a news conference on removing synthetic dyes from America’s food supply, at the Health and Human Services Headquarters in Washington, DC on April 22, 2025. Nathan Posner | Anadolu | Getty Images The U.S. Food and Drug Administration on Tuesday published a warning […]
Read More
Stocks making the biggest moves after hours: Global Payments, Hancock Whitney and more
Check out the companies making headlines in extended trading. Global Payments — Shares of the financial technology company advanced roughly 5%. The movement came after a Financial Times report that said activist investor Elliott Management added to its stake in Global Payments. Hancock Whitney — The bank holding company slid more than 3% in extended […]
Read More
Amazon turns to rival SpaceX to launch next batch of Kuiper internet satellites
United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in Cape Canaveral, Florida, United States. Paul Hennessey | Anadolu Agency | Getty Images As Amazon chases SpaceX in […]
Read More