Month: August 2025
Rocket maker Firefly Aerospace pops more than 50% to open at $70 in Nasdaq debut
Firefly Aerospace rings the opening bell at the Nasdaq on Aug. 7th, 2025. The Nasdaq Firefly Aerospace jumped more than 50% in its Nasdaq debut on Thursday after pricing shares above its expected range. Shares started trading at $70 each under the ticker symbol FLY. The initial price values the company at close to $10 […]
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OpenAI launches new GPT-5 model for all ChatGPT users
OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images OpenAI on Thursday announced GPT-5, its latest and most advanced large-scale artificial intelligence model. The company is making GPT-5 available to everyone, including its free […]
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Stocks making the biggest moves midday: Firefly Aerospace, Fortinet, Duolingo, Eli Lilly and more
Check out some of the companies making headlines in midday trading: Firefly Aerospace — Shares of the Texas-based rocket maker surged more than 50% as they debuted Thursday afternoon on the Nasdaq under the “FLY” ticker symbol. On Wednesday, the stock priced in its initial public offering at $45 each, which was above its expected […]
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Prediction markets have a new favorite for the next Fed Chair — Christopher Waller
Federal Reserve Governor Christopher Waller converses on the sidelines of a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, U.S., May 9, 2025. Ann Saphir | Reuters The odds that Federal Reserve Governor Christopher Waller will be named the next chairman crossed above 50% for the first time on prediction market […]
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Democrats ask Google whether talks with Trump over censorship suit include possible ‘quid-pro-quo’ deal
Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump’s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025. Annabelle Gordon | Reuters Several Democratic senators, including Elizabeth Warren of […]
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Switzerland will pursue further talks with US over crippling tariffs
President of the Swiss Confederation, Karin Keller-Sutter (R) and Swiss Economy Minister Guy Parmelin depart at the Department of State after a meeting with US Secretary of State Marco Rubio, in Washington, DC on August 6, 2025. Drew Angerer | Afp | Getty Images Switzerland will continue talks with the United States, its president said […]
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Bank of England narrowly votes to cut interest rates to 4% as balancing act continues
Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on 19th February 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England voted by a fine margin to cut interest rates from 4.25% to 4% on Thursday as the central […]
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What the world’s biggest chipmakers are doing to stave off Trump’s tariffs
US President Donald Trump speaks during a meeting with CEO of Apple Tim Cook in the Oval Office of the White House on Wednesday August 6, 2025. Demetrius Freeman | The Washington Post | Getty Images U.S. President Donald Trump’s proposed 100% tariffs on the import of semiconductors has brought major chip names into the […]
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The full list of U.S. tariffs in place around the world
President Donald Trump in the Oval Office of the White House in Washington, Aug. 6, 2025. Bonnie Cash/UPI/Bloomberg via Getty Images After months of policy pivots, delays and negotiations from President Donald Trump, dozens of key U.S. trading partners were hit Thursday with “reciprocal” tariffs on their exports to the country. “IT’S MIDNIGHT!!! BILLIONS OF […]
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Watch CNBC’s full interview with Bank of England Governor Andrew Bailey
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andrew Bailey, governor of the Bank of England, discusses the central bank’s narrow vote to cut interest rates, inflation and the uncertainty surrounding future decisions on monetary policy. 11:16 Thu, Aug 7 202511:00 AM EDT Source
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