Month: August 2025
CNBC’s Inside India newsletter: India’s three-way balancing act: Tariffs, oil, and uneasy handshakes
Hello, this is Spriha Srivastava, CNBC International’s Executive Editor for Digital, writing from London. This week, I take a closer look at India’s tightrope walk — tariffs from Washington, oil from Moscow, and an uneasy handshake with Beijing. Let’s dive in. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping […]
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Lawyers for Susan Monarez say ‘she remains as CDC Director’, only Trump has power to ‘fire her’
Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), arrives to testify for her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Lawyers […]
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Stocks making the biggest moves premarket: Nvidia, Dollar General, Bath & Body Works, Snowflake, and more
Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer slipped nearly 2% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Other chip stocks such as Taiwan Semiconductor, ASML, Advanced Micro Devices and Microchip […]
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Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images Best Buy surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty. The consumer electronics retailer said […]
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Berkshire raises stake in Japan’s Mitsubishi above 10%
The Berkshire Hathaway Inc. stock price (BRK-B) stock price on the New York Stock Exchange (NYSE) market is seen on a mobile device application in this illustration photo taken in Warsaw, Poland on 05 December, 2023. Jaap Arriens | Nurphoto | Getty Images Berkshire Hathaway, through its wholly owned unit National Indemnity Company, has raised […]
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Dick’s Sporting Goods raises guidance after second-quarter earnings beat
Dick’s Sporting Goods raised its full-year sales and earnings guidance after delivering fiscal second-quarter results that beat expectations. The company is now expecting comparable sales to grow between 2% and 3.5%, up from a previous range of 1% and 3% and ahead of analyst estimates of 2.9%, according to StreetAccount. Dick’s said its earnings per […]
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Swiss family office Infinitas, Christian Angermayer’s Apeiron team up to fund more Swedish IPOs
Key Points Investors are increasingly drawn to Europe amid tariff uncertainty, but startups face still obstacles going public on European exchanges. Swiss real estate heir Robin Lauber and German billionaire Christian Angermayer are joining forces to get startups to go public in Sweden. Lauber told CNBC about their startup pipeline and why Sweden is a […]
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AI adoption linked to 13% decline in jobs for young U.S. workers, Stanford study reveals
A Standford study has found evidence that the widespread adoption of generative AI is impacting the job prospects of early career workers. Vertigo3d | E+ | Getty Images There is growing evidence that the widespread adoption of generative AI is impacting the job prospects of America’s workers, according to a paper released on Tuesday by […]
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The U.S.’ deep-sea mining plans could hurt global rules-based order and benefit China, policy experts warn
The U.S. is preparing to mine the sea floor for critical minerals to reduce its dependence on China. But doing so in international waters could undermine a global rules-based order and indirectly benefit Beijing, policy experts warn. Efforts to create international guidelines on seabed mining through the International Seabed Authority (ISA), a U.N. regulator, have […]
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Amtrak is launching its faster NextGen Acela with better amenities after years of delays. Here’s what you need to know
Amtrak’s NextGen Acela. Courtesy: Amtrak Amtrak rolled out its NextGen Acela trains on Thursday, marking the next phase for the U.S.’s attempt at high-speed rail. Dubbing itself as “America’s only high-speed rail service,” the new trains will run between Washington, D.C., and Boston, with a top speed of 160 mph. It’s an extension of Amtrak’s […]
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