Year: 2025
Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound
Key Points Ether at one point Wednesday traded as high as $4,714.02, putting it less than $200 away from its November 2021 all-time high. Inflows into ether ETFs are up to $1.5 billion so far this week, compared to $244 million into bitcoin ETFs. Standard Chartered raised its price target on ETH to $7,500 by […]
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Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say
watch now VIDEO9:2409:24 Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder: Sources Squawk Box The Trump administration is considering 11 candidates to replace Federal Reserve Chairman Jerome Powell when his term expires in May, including three that have not previously been publicly named, according to two administration officials who declined […]
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Stocks making the biggest moves premarket: Cava, CoreWeave, Brinker, Hanesbrands and more
Check out the companies making headlines in premarket trading. Cava — The fast-casual restaurant chain plunged 23.6% after revenue came in at $280.6 million for the second quarter, missing the LSEG consensus forecast of $285.6 million. The company also missed expectations for same-store sales and lowered its forecast. However, Cava earned 16 cents per share […]
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How Big Tech is paying its way out of Trump’s tariffs
Apple CEO Tim Cook (R) shakes hands with U.S. President Donald Trump during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images Top tech executives are at the forefront of a recent swathe of unprecedented deals with U.S. President Donald Trump. In […]
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In pictures: ‘Stop Trump’ protesters target JD Vance’s UK summer trip
JD Vance’s U.K. trip has caused a stir, with locals staging a ‘Vance not welcome party’ on Tuesday after the U.S. vice president’s motorcade arrived in the picturesque Cotswolds. “Bullies not welcome here,” read one sign, while another called to “make America moral again.” Other placards mocked the U.S. official more directly, saying “JD Vance’s […]
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CNBC’s UK Exchange newsletter: Is London’s financial future evolving or eroding?
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch After several years in the Big Apple, I knew my return to London would be a culture shock. Instead of Times Square with its skyscrapers and blinding lights, I would roam around Piccadilly Circus and its Victorian […]
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Taj Hotels owner goes global with bold expansion into Europe and the Middle East
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Puneet Chhatwal, Managing Director & CEO of Indian Hotels Company Limited (IHCL) discusses its plans to expand its flagship Taj Hotels in the UAE, Bahrain and Saudi Arabia as the hotel group taps into the growing GCC-India corridor. He talked about the […]
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Chinese tech giant Tencent’s quarterly revenue jumps 15% on AI investments, gaming unit boost
The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in […]
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White House tames expectations for Trump-Putin summit
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep America Great rally in Phoenix, Arizona, on February 19, 2020. Russian President Vladimir Putin delivers a speech during a ceremony in Jerusalem on January 23, 2020 commemorating the people of Leningrad during the Second World […]
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Temperature records smashed as extreme heat, wildfires grip parts of Europe
A firefighter falls on the ground while working to extinguish a wildfire in San Cibrao das Viñas, outside Ourense, northwestern Spain, on August 12, 2025. Miguel Riopa | Afp | Getty Images Record-breaking heat has swept across Europe in recent days, pushing temperatures well beyond 40 degrees Celsius (104 Fahrenheit) in some areas and fueling […]
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