Month: August 2025
‘Our country is in danger’: French PM takes confidence vote gamble over budget woes
France’s Prime Minister Francois Bayrou speaks during a press conference in Paris on August 25, 2025. Dimitar Dilkoff | Afp | Getty Images France’s minority government on Tuesday faced the prospect of collapse within weeks, after opposition parties said they would not back Prime Minister Francois Bayrou in a Sept. 8 confidence vote tied to […]
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CNBC Daily Open: The White House might need a rebranding exercise in the corporate world
U.S. President Donald Trump looks on during the signing of executive orders in the Oval Office at the White House in Washington, D.C., on Aug. 25, 2025. Jonathan Ernst | Reuters “State-owned enterprise” is a term you wouldn’t normally bandy about when mentioning the United States — especially not with the country’s Republican party, which […]
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CNBC Daily Open: U.S. wants equity in private businesses — staking its reputation
U.S. President Donald Trump wears a ‘Trump Was Right About Everything!’ hat, in the Oval Office at the White House in Washington, D.C., U.S., August 22, 2025. Jonathan Ernst | Reuters “State-owned enterprise” is a term you wouldn’t normally bandy about when mentioning the United States — especially not with the country’s Republican party, which […]
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Nvidia’s Huang says buying TSMC’s stock is ‘very smart.’ The pros share their take
Taiwanese chipmaker Taiwan Semiconductor Manufacturing Co made headlines last week following Nvidia CEO Jensen Huang’s remarks that buying its stock would be “very smart. ” “Well, first of all, I think TSMC is one of the greatest companies in the history of humanity, and anybody who wants to buy TSMC stock is a very smart […]
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A world on weight loss drugs: How GLP-1s are reshaping the economy
Eternalcreative | Istock | Getty Images Miracle drugs, obesity treatments and skinny jabs. Call them what you will, few drugs have had a more transformative effect on Wall Street and waistlines over recent decades than GLP-1s. Familiarly known under the brand names Wegovy and Zepbound, Glucagon-like peptide-1 (GLP-1) receptor agonists are a class of medication used to […]
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He quit a job in engineering to travel and work on yachts. Here’s how much he earns now
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend. But he wasn’t happy, he said. “I didn’t like the job that I had. I didn’t like the degree that I had just finished doing,” he said. “I was starting to feel kind of weighed down by a lot of […]
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Lutnick says update coming this week on Japan’s $550 billion U.S. investment
The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said. Simon2579 | Digitalvision Vectors | Getty Images The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said, as a top Japanese trade envoy was reportedly planning to visit Washington to […]
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Ships, planes, billions in investment pledges: South Korea’s Lee charms Trump with deals
WASHINGTON, DC – AUGUST 25: U.S. President Donald Trump (R) and South Korean President Lee Jae-myung talk to reporters before an Oval Office meeting at the White House on August 25, 2025 in Washington, DC. During Lee’s first official visit to the White House, the two leaders are set to discuss trade and military cooperation […]
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Nissan shares fall over 6% as Mercedes-Benz plans to shed 3.8% stake
A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California. Justin Sullivan | Getty Images Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker. Tokyo-listed shares of Nissan declined as much as 6.7% […]
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‘They have to give us magnets’: Trump warns of 200% tariff on China if exports are curbed
US President Donald Trump during a meeting with Lee Jae Myung, South Korea’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 25, 2025. Al Drago | Bloomberg | Getty Images U.S. President Donald Trump on Monday stateside warned of steeper tariffs on China if exports […]
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