Year: 2025
Crocs CEO says consumer environment is ‘concerning,’ will reduce orders in the second half
Inside a Crocs store at Queens Center in New York. Ryan Baker | CNBC Casual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer. “We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current […]
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A major historical bitcoin cycle that dictates its price might be breaking
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty […]
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OpenStore’s demise marks endgame for once-booming e-commerce aggregator market
When venture capitalist Keith Rabois got into e-commerce, he couldn’t stop buying brands. Now, everything must go. OpenStore, co-founded by Rabois in 2021, is shutting down nearly all of the 40-plus Shopify stores it acquired, and it’s in the process of liquidating any remaining inventory by offering steep discounts to move merchandise. Earlier this week, […]
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Record-setting market: Using ETFs to help avoid hefty tax bills
ETF Edge Record-setting market: Using ETFs to help avoid hefty tax bills Published Fri, Aug 8 20257:30 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Family office deal-making slides with some bright spots in Europe
Key Points Private investment firms of the ultra-rich made 60% fewer direct investments in July compared to the same period last year, according to Fintrx. Rattled by tariff uncertainty, some family offices have been investing more overseas, especially in European startups. Infinitas Capital’s Robin Lauber told CNBC why the Swiss family office is optimistic despite […]
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Imposter scams cost older adults $700 million in 2024, FTC finds: Some victims are ‘clearing out’ their 401(k)s
Key Points Americans age 60 and older are reporting being victims of imposter scams in increasing numbers, according to the Federal Trade Commission. They sometimes lose all the savings held in a bank account or 401(k), the agency said. There are ways to avoid getting scammed. Source
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London housing market sees sharp drop in asking prices
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Europe This August, CNBC’s Ritika Gupta is reporting on London’s economy, and has recently taken a look at the capital’s housing market. 02:53 an hour ago Source
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South Korea launches national AI model in tech race with U.S. and China
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images South Korea has tasked some of its biggest companies and promising startups to build a national foundational AI model using mainly domestic technology, in a […]
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Global stock markets appear numb to Trump’s ‘reciprocal’ tariffs. Here’s why
Global markets have largely been indifferent to U.S. President Donald Trump’s latest tariffs, a sharp departure from the steep selloff triggered by his April 2 announcement of “reciprocal” duties, as investors grow increasingly numb to what they see as a negotiating tactic. In recent days, the U.S. rolled out new tariffs of 10% to 15% […]
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European stocks open higher as tariffs, economy hold spotlight
European stocks open higher; Munich Re down 7% We’re around 30 minutes into Friday’s trading session, and stocks are broadly marginally higher. The pan-European Stoxx 600 was last seen trading around 0.1% higher. London’s FTSE 100 and the French CAC 40 are up 0.1% and 0.3%, respectively, while Germany’s DAX is down by 0.2%. Shares […]
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