Month: November 2025
Saudi crown prince to visit U.S. for the first time since Khashoggi scandal
U.S. President Donald Trump shakes hands with Saudi Crown Prince Mohammed Bin Salman during a welcoming ceremony in Riyadh, Saudi Arabia, May 13, 2025. Bandar Algaloud/courtesy Of Saud | Via Reuters U.S. President Donald Trump is set to meet with Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday, with the leaders expected to discuss […]
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European markets set to slump at the open as AI worries return
European bourses are expected to open lower on Tuesday as global markets pull back on renewed concerns over AI-linked stocks. Source
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Investors hope these three trades will weather a tech stock downturn
As concerns over a U.S. tech bubble linger, investment strategists are mapping out various diversification plays on both sides of the Atlantic to shore up portfolios against a sharp market correction. Market pros told CNBC that European equities, government bonds and value stocks all offer advantages amid valuation concerns in the artificial intelligence space. Arnaud […]
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‘Nvidia is the Hermès’ of the chip industry, says Baillie Gifford, while doubling down on TSMC and ASML
For Jensen Huang, the CEO of Nvidia, and his management team, “it’s about winning in the trenches,” according to Mark Urquhart, a partner at investment management firm Baillie Gifford. Urquhart, who has tracked the chip market for nearly 30 years, leads the firm’s Long Term Global Growth team, which typically holds companies for exceptionally long […]
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IIF’s Tim Adams on rejecting Enron, building Afghanistan’s central bank and a looming debt crisis
The CEO of the Institute of International Finance reflects on pivotal career choices, ranging from turning down Enron to joining George W. Bush’s presidential campaign. Today, Tim Adams is a leading voice warning of a global debt crisis. Tim Adams, CEO of the Institute of international Finance, is one of the most influential voices sounding the alarm on a global debt […]
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The rich are ‘renting’ out their idle gold bars for income as prices remain at historic highs
Gold prices have been smashing new records this year, and a growing cadre of wealthy investors and family offices are no longer content to let their gold bars sit idle in vaults. They are leasing their bullion to refiners, jewelers, and fabricators for interest, defying gold’s reputation as a non-yielding asset. “We’ve got a whole […]
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India’s goods trade deficit in October shatters records, beating estimates, as gold imports surge 200%
A broadcast screen at the Bombay Stock Exchange (BSE) in Mumbai, India, on April 3, 2025, displays news of U.S. President Donald Trump announcing sweeping new trade tariffs. Nurphoto | Nurphoto | Getty Images India’s goods trade deficit hit an all-time high of $41.7 billion in October as gold imports surged on festive season demand, […]
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Jeffrey Epstein files: Larry Summers steps back from public commitments over email fallout
Larry Summers Cameron Costa | CNBC Former Treasury Secretary Larry Summers said Monday that he was stepping back from all public commitments amid fallout from the release of emails between him and the notorious sex offender Jeffrey Epstein. “I am deeply ashamed of my actions and recognize the pain they have caused. I take full […]
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CNBC Daily Open: AI still under pressure — but some analysts see a year-end rally
People pose for pictures at the Wall Street Bull in New York’s Financial District on June 24, 2024 in New York City. Spencer Platt | Getty Images The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed […]
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China seeks more cooperation with Russia in energy, agriculture
Russia’s Prime Minister Mikhail Mishustin shakes hands with Chinese Premier Li Qiang during a meeting in Moscow on Nov. 17, 2025. Alexander Miridonov | Afp | Getty Images China is ready to deepen cooperation with Russia in energy, agriculture and other investments, Premier Li Qiang said during a meeting with Russian Prime Minister Mikhail Mishustin in Moscow on Monday. Li told Mishustin that China welcomes more agricultural and […]
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