Year: 2025
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
The grill of a Rolls Royce motor car in view of residential properties in Mayfair in London, UK, on Monday, Oct. 28, 2024. Bloomberg | Bloomberg | Getty Images British luxury carmaker Rolls-Royce Motor Cars on Wednesday said it is investing over £300 million ($369.9 million) to expand its global headquarters, citing growing demand for […]
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Stocks making the biggest moves premarket: SolarEdge, Novo Nordisk, Rigetti, Maplebear and more
Check out the companies making headlines before the bell. SolarEdge Technologies — The solar stock dropped 6%. Citi downgraded SolarEdge to sell from neutral, saying the company faces “stubbornly high” operating expenses despite its restructuring announcement. Shares moved 6.6% and 8% higher on Monday and Tuesday, respectively, after SolarEdge said in a filing Monday it […]
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Mortgage rates hit highest level since July, crushing application demand
Residential homes in Discovery Bay, California, US, on Thursday, Nov. 7, 2024. Mortgage rates in the US increased to the highest level since July. David Paul Morris | Bloomberg | Getty Images Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop even […]
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Private equity reduces patient care while enriching investors, Senate report finds
A year-long bipartisan Congressional investigation into two private equity-backed U.S. hospital systems found that patient care deteriorated at both operations as their private equity owners reaped significant payouts on their investments in the systems. The findings reinforced academic research showing how private equity healthcare investments harm patients while enriching investors. The investigation was helmed by two senators […]
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European Union won’t allow attacks on borders, French minister says after Trump’s Greenland comments
France’s Foreign Minister Jean-Noel Barrot, pictured on January 3, 2025, has said the EU will not tolerate attacks on its territory after Donald Trump called for the U.S. to take control of Greenland. Omar Haj Kadour | Afp | Getty Images The European Union will not tolerate attacks within its borders, France’s Foreign Minister said […]
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Virginia Democrats maintain narrow legislative majorities after special election wins
The Virginia State flag and the American flag fly near the Virginia State Capitol. Drew Angerer | Getty Images Democrats won a pair of special legislative elections in Northern Virginia on Tuesday, according to The Associated Press, allowing the party to maintain its narrow majorities in both chambers. The special elections, both in districts in […]
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Wildfires rage in Los Angeles, forcing tens of thousands to flee
The Palisades Fire burns near homes amid a powerful windstorm on January 7, 2025 in Pacific Palisades, California. The fast-moving wildfire is threatening homes in the coastal neighborhood amid intense Santa Ana Winds and dry conditions in Southern California. Mario Tama | Getty Images News | Getty Images A rapidly growing wildfire raged across an […]
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CNBC Daily Open: Renewed inflation worries jolt markets
Shoppers at a produce store in the Chinatown district of San Francisco, California, U.S., on Monday, Jan. 6, 2025. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter […]
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European markets expected to open broadly lower as traders assess the region’s economic outlook
European markets are expected to open broadly lower Wednesday as traders assessed the region’s economic outlook. The U.K.’s FTSE 100 index is expected to open 4 points lower at 8,242, Germany’s DAX down 40 points at 20,308, France’s CAC down 22 points at 7,477 and Italy’s FTSE MIB down 83 points at 34,922, according to data […]
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Aviation industry faces a slew of challenges — ‘problems that will take years’ to resolve
The aviation industry is bracing for another year of difficulties, as delivery delays at Boeing and supply chain problems are set to continue into 2025, say aviation consultants. Sunday marked one year since a door panel blew off a Boeing 737 Max 9 operated by Alaska Airlines, an event that reignited a firestorm of questions […]
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