Year: 2025
CNBC Daily Open: U.S. takes aim at neighbors with tariffs again
U.S. President Donald Trump in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters It’s quiet… too quiet. After a few quiet weeks on the tariff front, U.S. President Donald Trump has again set his sights on Canada and Mexico, promising that tariffs paused earlier this month will […]
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Markets relieved by German election result, but key industries remain mired in uncertainty
Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. Germany Finance Minister Christian Lindner, leader of the free market-leaning FDP, issued a position paper on Friday calling for tax cuts and a slower approach to emissions reductions. Bloomberg | Bloomberg | Getty Images Germany’s election result delivered a […]
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European markets head for mixed open as lackluster sentiment spreads
European stocks are expected to open in mixed territory Tuesday as a lukewarm mood pervades global markets. The U.K.’s FTSE 100 index is expected to open unchanged at 8,637, Germany’s DAX down 29 points at 22,381, France’s CAC 2 points lower at 8,084 and Italy’s FTSE MIB 27 points higher at 38,542, according to data from […]
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Putin says Europe is needed in Ukraine talks, but suggests deal still distant
Europe’s participation in Ukraine peace talks will be needed eventually but Moscow first wants to build trust with Washington, President Vladimir Putin said on Monday, while suggesting that a deal to end the conflict may still be far off. As Ukraine marked the third anniversary on Monday of Russia’s invasion that has killed thousands of civilians and displaced millions, […]
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Indonesian prosecutors arrest three Pertamina unit executives over oil imports
Indonesia’s Attorney General’s Office has arrested three executives at units of state-owned energy firm Pertamina on charges of alleged corruption related to oil imports that cost the state $12 billion, a senior official said. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s Attorney General’s Office has arrested three executives at units of state-owned energy firm Pertamina on charges of alleged corruption related to oil imports that cost […]
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U.S. says OKX crypto exchange operator enters $505 million guilty plea
Thomas Fuller | Sopa Images | Lightrocket | Getty Images The operator of the OKX cryptocurrency exchange pleaded guilty on Monday to violating U.S. anti-money laundering laws and will pay nearly $505 million in fines and forfeited fees, the U.S. Department of Justice said. Aux Cayes FinTech Co, a Seychelles-based entity, admitted to one count of operating […]
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Bank of Korea cuts rates to lowest since August 2022 to boost sluggish growth
People walk past the Korea Exchange (KRX) building in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images South Korea’s central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy. The Bank of Korea cut rates to […]
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JPMorgan executive calls for ‘more hustle’ after return to office mandate
Exterior view of JPMorgan Chase & Co. branch on January 14, 2025 in New York City, New York. JPMorgan Chase & Co. is scheduled to release earnings figures on January 15. Kena Betancur | Corbis News | Getty Images A JPMorgan Chase executive told thousands of employees he wanted “more hustle” days after the bank’s CEO Jamie Dimon scorned […]
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CNBC Daily Open: U.S. back on the tariff trail
US President Donald Trump speaks while signing an executive order in the Oval Office of the White House to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the country’s top trading partners. Bloomberg | Bloomberg | Getty Images It’s quiet… too quiet. After a few […]
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From sneakers to luxury handbags, hotels are providing more so you can pack less
Many people love to travel. But few like to pack. But travelers are getting help from an unlikely source — hotels. “Hotels [are] making it easier for guests to jump into their favorite activities without packing or planning in advance,” said Henley Vazquez, founder of the New York-based travel agency Fora. Some hotels have been […]
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