Year: 2025
Bitcoin touches record, ether almost makes new high before rolling over
Ether and bitcoin. Yuriko Nakao | Getty Images Bitcoin hit a new record late Wednesday as ether climbed even closer to its all-time high. The flagship cryptocurrency rose as high as $124,496, surpassing its July record of 123,193.63, according to Coin Metrics. Ether rose to $4,791.19 overnight, edging closer to its 2021 record of $4,866.01. […]
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Wholesale prices rose 0.9% in July, much more than expected
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed. The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for […]
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Cadillac unveils ‘Elevated Velocity’ electric crossover concept car
The Cadillac Elevated Velocity concept car. Courtesy: Cadillac General Motors on Thursday unveiled the Cadillac Elevated Velocity, a new concept car aimed at building up the brand’s all-electric luxury crossover segment. The electric concept car has a “lifted yet elegant design,” according to Cadillac, riding on 24-inch wheels. It includes multiple driving modes to enhance […]
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Stocks making the biggest moves premarket: Deere, Tapestry, Coherent, Bullish and more
Check out the companies making headlines in premarket trading. Li Auto — Shares fell about 2% following JPMorgan’s downgrade of the Chinese electric vehicle company to neutral. Analyst Nick Lai cited stiff competition as a reason for caution. Tapestry — The Coach New York and Kate Spade parent sank more than 10% after its full-year […]
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Transportation Sec. Duffy on upgrades to air traffic control, enabling commercial space competition
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Transportation Secretary and Acting NASA Administrator Sean Duffy joins ‘Squawk Box’ to discuss upgrades to air traffic control system, increasing the number of air traffic controllers, his thoughts on the job performance of his predecessor, enabling competition in the commercial space industry, […]
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CNBC’s Inside India newsletter: As India’s rich venture abroad, many anchor fortunes in real estate
Hello, this is Amala Balakrishner, writing from Singapore. This week, I look at how India’s wealthy are anchoring their fortunes in real estate. Enjoy! This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. […]
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Monterey classic car auctions kick off, and sales expectations are tepid
A general view at Pebble Beach Concours d’Elegance on August 18, 2024 in Monterey, California. Since 1950, the annual Pebble Beach Concours d’Elegance has hosted the world’s most beautiful and expensive collectable cars on the Competition Field along Carmel Bay. Matt Jelonek | Getty Images News | Getty Images A version of this article appeared […]
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Kodak faces financial struggles even as Gen Z sparks a film resurgence
Rolls of Kodak Gold film hang on a shelf at the Precision Camera & Video store on August 12, 2025 in Austin, Texas. Brandon Bell | Getty Images Clair Sapilewski has dozens of rolls of camera film ready to use in her cupboard at all times. A photography major at American University, the 21-year-old said […]
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S&P upgrades India rating on economic resilience, sustained fiscal consolidation
An employee works inside a textile mill at Bhilwara in India’s Rajasthan state, on July 6, 2025. Himanshu Sharma | Afp | Getty Images Credit rating agency S&P Global upgraded India’s long-term unsolicited sovereign credit ratings to “BBB” from “BBB-” on Thursday, citing economic resilience and sustained fiscal consolidation. The agency had revised the outlook […]
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Blocked roads and high security: What it means when JD Vance comes to town
US Vice President JD Vance poses for a photograph with U.S. troops and families during a visit to RAF Fairford on August 13, 2025 in Fairford, England. Leon Neal | Getty Images News | Getty Images U.S. Vice-President JD Vance’s summer trip to the quintessentially British spot the Cotswolds has been heavily criticized by some […]
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