Month: July 2025
European stocks set to open higher on optimism that U.S.-EU trade deal is imminent
UK, India to sign trade agreement RIO DE JANEIRO, BRAZIL – NOVEMBER 18: UK Prime Minister Sir Keir Starmer (L) during a bilateral meeting with Prime Minister of India Narendra Modi as he attends the G20 summit at the Museum of Modern Art on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is […]
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No ‘woke AI’ in Washington, Trump says as he launches American AI action plan
U.S. President Donald Trump holds an executive order related to AI after signing it during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters U.S. President Donald Trump has vowed to keep “woke AI” models out of Washington and to turn the country into an “AI export […]
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Deutsche Bank posts quarterly profit beat amid uptick at its investment bank
Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023. Nicolas Maeterlinck | Afp | Getty Images Deutsche Bank on Thursday beat expectations on the bottom line, as mixed results at main units saw an uptick in its investment unit offset a dip in corporate operations. Net profit attributable to shareholders reached 1.485 […]
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Estonia’s tech elite are getting behind a European challenger to Robinhood
Key Points European investing app Lightyear is set to announce that it’s raised $23 million in a funding round led by NordicNinja. A host of Estonia’s top tech entrepreneurs — including ride-hailing unicorn Bolt’s CEO Markus Villig — also invested in the company. Lightyear also debuted several AI features, including one that lets users see […]
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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
Bottles from the Spanish cooking and extra virgin olive oil brand Carbonell are seen displayed for sale at a supermarket. Sopa Images | Lightrocket | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says U.S. President Donald Trump’s threat to impose 30% tariffs on imports from the European Union could translate into higher […]
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Trump to visit Federal Reserve, escalating campaign against Chair Powell
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump. Elizabeth Frantz | Nathan Howard | Reuters U.S. President Donald Trump will visit the Federal Reserve on Thursday, the White House said, escalating his pressure campaign against Chairman Jerome Powell. This is the first time in nearly two decades that an American president has […]
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CNBC Daily Open: Investors loosen their purse strings for Alphabet’s increased spending
An Android character is displayed in front of a building on the Google headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Images Investors can have a reputation of being penny pinchers. For one, they tend to push up share prices on layoff announcements because of the associated cost savings. […]
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She quit her job as a Walgreens pharmacist to start a Vietnamese coffee company–today, it brings in over $500,000 a year
Lan Ho, founder and CEO of Fat Miilk. Courtesy of Lan Ho Lan Ho was working as a retail pharmacist at Walgreens earning about $120,000 a year, before she decided to quit her job to start a coffee company. Getting the pharmacist role was no easy feat. She had gone through a decade of higher education, […]
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Asia-Pacific markets set to open mostly higher as trade deal developments fuel sentiment
South Korea avoids technical recession as GDP expands 0.6% in second quarter South Korea avoided a technical recession as its economy expanded by 0.6% from the previous quarter, beating expectations, according to advance estimates. This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in […]
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S&P 500 futures are little changed after Alphabet, Tesla post earnings: Live updates
Traders work on the floor of the New York Stock Exchange on July 23, 2025. NYSE S&P 500 futures were little changed on Wednesday night after the benchmark notched another record close, fueled by hopes for progress on trade deals. Futures tied to the index climbed 0.1%, while Nasdaq 100 futures were about 0.4% higher. […]
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