Year: 2025
China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected
CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that combines traditional Sichuan-style architecture with modern luxury retail, on October 18, 2025, in Chengdu, China. Cheng Xin | Getty Images News | Getty Images China’s slowdown worsened in October, dragged by soft consumer demand and […]
Read More
SoftBank shares plunge over 8%, extending selloff into third day
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of SoftBank Group plunged nearly 9% on Friday, marking its third straight day of selloff after the Japanese giant said it had sold its entire stake in U.S. chip giant Nvidia for $5.83 billion. The stock pared losses […]
Read More
CNBC Daily Open: Flying blind in markets and the economy
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 13, 2025 in New York City. Spencer Platt | Getty Images U.S. markets had their worst day since Oct. 10. That marks a sharp reversal for the Dow Jones Industrial Average, which shed 1.65% to settle at 47,457.22, a day after […]
Read More
Stock futures little changed after major indexes notch worst day in a month: Live updates
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures are little changed Thursday night after Wall Street witnessed its worst day in more than a month. Futures tied […]
Read More
U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and El Salvador under framework agreements that will give U.S. firms greater access to those markets. The agreements are expected to help lower prices for coffee, bananas and other foodstuffs, a senior Trump administration official told […]
Read More
Asia-Pacific shares set to fall, tracking Wall Street declines as tech selloff deepens
Tourists visit the Nanjing Road Scenic Area in Shanghai, China, on October 20, 2025. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets were set to open lower on Friday, tracking losses on Wall Street as technology stocks continued to come under pressure. Japan’s benchmark Nikkei 225 index was set for a lower open, with its […]
Read More
Goldman Sachs stands by top lawyer Kathy Ruemmler after her emails with Jeffrey Epstein exposed
Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., Sunday, June 29, 2014. William B. Plowman | NBC Newswire | NBCUniversal | Getty Images Goldman Sachs on Thursday strongly backed its top lawyer, Kathy Ruemmler, a day after a congressional committee released her chummy emails with notorious sex offender Jeffrey […]
Read More
StubHub beats on revenue in first earnings report since IPO, but stock slides
Ticket reseller StubHub signage on display at the New York Stock Exchange for the company’s IPO on Sept. 17, 2025. NYSE StubHub shares sank 5% in extended trading on Thursday after the company reported quarterly results for the first time since its initial public offering in September. Here’s how the ticket vendor did in comparison […]
Read More
Google says group behind E-ZPass, USPS text scam has been ‘shut down’ after suit
The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Google said on Thursday said it has disrupted the foreign cybercriminal group behind a massive SMS text phishing operation within 24 hours of filing its lawsuit. “This shut down […]
Read More
Sotheby’s CEO sees ‘very strong demand’ ahead of $1.4 billion art auctions
The fall auction sales in New York next week are expected to top $1.4 billion, marking a 50% increase from last year and a potential rebound for the art market after three years of declines, according to art experts. A star-studded lineup of famous trophy works — from a $150 million Gustav Klimt portrait to […]
Read More