Day: July 17, 2025
Japan’s core inflation cools in June as expected, coming down from 29-month high as rice prices ease
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing. The figure — which strips out costs for fresh […]
Read More
Stock futures are little changed after earnings, economic data lift S&P 500 to records: Live updates
A screen displays The Walt Disney Company’s logo and trading information as traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 17, 2025. Brendan McDermid | Reuters Stock futures were little changed on Thursday evening after a batch of earnings and economic reports pushed the S&P […]
Read More
Fed Chair Powell responds to White House questions about HQ renovation
Federal Reserve Chairman Jerome Powell on Thursday formally replied to a set of pointed questions from the director of the White House Office of Management and Budget about the renovation of the Fed’s Washington headquarters. Powell pointed to a newly launched page on the Fed’s public website dedicated to answering questions about the project, which […]
Read More
Tech’s latest job cuts raise the question: Is AI to blame?
A new round of layoffs at Microsoft has reignited a growing debate: is artificial intelligence beginning to replace human workers? CNBC’s Arjun Kharpal and Steve Kovach sit down with tech journalist Michal Lev-Ram to explore whether AI is truly taking our jobs—or simply reshaping the workforce. From Silicon Valley’s multi-million dollar talent wars to “vibe […]
Read More
Trump won’t recommend Jeffrey Epstein special prosecutor, White House says
White House Press Secretary Karoline Leavitt holds a press briefing at the White House in Washington, D.C., U.S., July 17, 2025. Nathan Howard | Reuters President Donald Trump “would not recommend a special prosecutor” to review the handling and files of the criminal case against the late serial sexual abuser Jeffrey Epstein, the White House […]
Read More
Trump diagnosed with common vein condition after ankle swelling raises concerns
First Lady Melania Trump, President Donald Trump, FIFA President Gianni Infantino and his wife, Leena Al Ashqar, attend the FIFA Club World Cup 2025 final football match between England’s Chelsea and France’s Paris Saint-Germain at MetLife Stadium in East Rutherford, New Jersey, July 13, 2025. Charly Triballeau | AFP | Getty Images President Donald Trump […]
Read More
House passes crypto industry-backed market structure bill
The US Capitol is seen in Washington, DC, on July 16, 2025. Alex Wroblewski | AFP | Getty Images The U.S. House of Representatives passed a bill on Thursday that would develop a regulatory framework for cryptocurrencies and expand the Commodity Futures Trading Commission’s oversight of the industry. The move is a major win for […]
Read More
DOJ demands names, release dates of noncitizens in California jails as Trump deportation efforts ramp up
U.S. Attorney General Pam Bondi discusses a drug enforcement-related announcement during a press conference at DEA Headquarters in Arlington, Virginia, U.S., July 15, 2025. Umit Bektas | Reuters The Department of Justice on Thursday asked California sheriffs for data on their inmates who are not U.S. citizens — including the crimes they committed and their […]
Read More
Abbott stock fell victim to an old earnings season truth: It’s all about the guidance
Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed with forward guidance. Revenue in the three months ended June 30 rose 7.4% to $11.14 billion, outpacing the $11.07 billion consensus estimate, according to estimates compiled by LSEG. Organic sales , excluding Covid testing results, […]
Read More
Here’s where Walmart prices are changing — and staying the same — as Trump’s tariffs hit
A family shops in a Walmart Supercenter on May 15, 2025 in Austin, Texas. Brandon Bell | Getty Images SECAUCUS, N.J. — As customers walk the aisles of Walmart stores, there are some early signs that higher tariffs are changing pricing. The nation’s largest retailer warned in May that it would have to raise prices […]
Read More