Year: 2025
Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025. Guglielmo Mangiapane | Reuters Jeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund. Tom Taylor, who previously ran Amazon’s Alexa voice assistant division, will serve […]
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Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more
Check out the companies making the biggest moves midday: First Solar – Shares of the major domestic solar panel producer popped 6%. Bloomberg News reported that the U.S. Commerce Department has launched Section 232 investigations into imports of drones and polysilicon, which is used on solar panels. The move could be a precursor to tariffs, […]
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Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of […]
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Bitcoin is nearly double where it was a year ago. This is what’s behind the run
Bitcoin traded around $116,000 on Tuesday, falling back from a historic surge that briefly sent the world’s largest cryptocurrency past $123,000 for the first time. Even with the pullback, the cryptocurrency is still trading at nearly twice its level from a year ago. Unlike previous cycles, the record run isn’t being driven by retail mania […]
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Fund managers are going all-in on Europe’s banking stocks, Bank of America finds
Fund managers are becoming increasingly bullish on European equities, according to the latest iteration of Bank of America’s European Fund Manager Survey. European stocks have broadly enjoyed a significant rally this year, amid a diversification away from U.S. assets , the promise of massive fiscal stimulus in Germany , and a bull run in the […]
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Inflation picks up again in June, rising at 2.7% annual rate
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right […]
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‘Pressure is a privilege’: Jannik Sinner on going from champion skier to Wimbledon winner
Jannik Sinner lifts the Gentlemen’s Singles Trophy following his victory against Carlos Alcaraz of Spain at The Championships Wimbledon 2025, July 13, 2025 in London, England. Clive Brunskill | Getty Images Sport | Getty Images Jannik Sinner won his first Wimbledon title on Sunday after an epic match at the grass-court major, but the young […]
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How Trump’s tariffs are hurting the office recovery
Construction renovation of new office in business building window at night Fangxianuo | E+ | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, […]
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Trump says U.S. has ‘deal’ with Indonesia, but shares no details
Workers prepare customers’ orders at the main rice market in Jakarta on July 9, 2025. Bay Ismoyo | AFP | Getty Images President Donald Trump on Tuesday said he has reached a deal with Indonesia, a week after he threatened to slap a 32% tariff on the southeast Asian country’s U.S. exports. Trump in a […]
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‘Lost their identity’: Why Target is struggling to win over shoppers and investors
Shortly before a road trip in early 2024, Mary Molina realized her view of Target had changed. Molina, a mother of five and entrepreneur who lives in Westchester, New York, said her weekly trips to Target looked and felt different from her experience before the Covid pandemic. Items such as national brands of laundry detergent […]
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