Year: 2025
CNBC Daily Open: The battleground for Fed chair might have shifted to renovations from rates
Construction work around the Federal Reserve building on Sept. 17, 2024 in Washington, DC, U.S. Anna Moneymaker | Getty Images News | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. The […]
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BTS is back, Blackpink’s on tour. Here’s what it means for high-flying K-pop stocks
K-pop boy group sensation BTS, having seen all its members return from South Korea’s mandatory military service, has announced a new album and world tour in spring 2026 — their first group performance in over three years. K-pop girl group Blackpink returned to the stage to entertain 78,000 fans last weekend, marking the start of […]
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The palace, the protests and the red carpet: How OPEC’s seminar played out
The Hofburg palace receives attendees to the July 9-10 OPEC Seminar conference in Vienna. Ruxandra Iordache | CNBC For centuries, Vienna’s romantic Hofburg palace served as a winter residence of the imperial Habsburg dynasty — this week, though, it welcomed Saudi royalty, energy ministers, top CEOs and a slew of analysts traders and more. Here are some highlights: The […]
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UK economy contracts again in May, missing expectations for slight rebound
London. Dukas | Universal Images Group | Getty Images The U.K. economy shrank again in May, data showed Friday. The latest monthly growth figures from the Office for National Statistics showed U.K. gross domestic product (GDP) contracted 0.1% month-on-month in May. Analysts polled by Reuters had expected a 0.1% expansion. The latest data follows a […]
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Trump’s copper tariff supercharges U.S. prices — but experts are divided if there is an investment opportunity
U.S. President Donald Trump’s 50% tariff on copper imports starting Aug. 1 has thrust the metal into the spotlight. U.S. Comex futures rose 2.65% on Thursday following the announcement and remained elevated, even as they pared earlier gains on Friday. The prices of copper in the U.S. surged 13% in its Wednesday session, which marked […]
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Trump’s 200% tariff threat leaves pharma firms scrambling with scenario planning
Shelf of pharmaceutical products. D3sign | Moment | Getty Images The pharmaceutical industry is scrambling with scenario planning as U.S. President Donald Trump’s 200% tariff proposal threatens to drive up drug prices and rip out corporate profit margins. The president once again warned on Tuesday that long-awaited industry-wide tariffs would be announced “very soon” after […]
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This CEO’s startup has raised $92 million and is backed by Sundar Pichai. He shares his ‘superpower’ tip for aspiring entrepreneurs
Caesar Sengupta, co-founder and CEO of Arta Finance. Courtesy of Arta Finance Given the ups and downs of the startup journey, the biggest “superpower” that entrepreneurs can have is the ability to ground themselves, said Caesar Sengupta, co-founder and CEO of fintech startup Arta Finance. “There’s so much noise in the world,” Sengupta told CNBC […]
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Trump readies blanket tariffs as he brushes off inflation worries
US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Tuesday, July 8, 2025. Aaron Schwartz/CNP/Bloomberg via Getty Images President Donald Trump on Thursday said that he plans to impose blanket tariffs of 15% or 20% on most trade partners, dismissing concerns that further tariffs could negatively impact the stock […]
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CNBC Daily Open: Building renovations might be another front in Trump’s attacks on Powell
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. […]
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Trump announces 35% tariffs on Canada starting Aug. 1
U.S. President Donald Trump and Canada’s Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, June 16, 2025. Amber Bracken | Reuters U.S. President Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington. […]
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