Year: 2025

Art market offers investors ‘escape’ from volatile stocks, Christie’s CEO says
Business

Art market offers investors ‘escape’ from volatile stocks, Christie’s CEO says

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The art market is about to face its biggest test since the November elections, with more than $1 billion of work […]

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Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more
Finance

Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more

Check out the companies making headlines before the bell. Coinbase — The cryptocurrency exchange slipped 2% following disappointing top-line results for the first quarter . Coinbase reported revenue of $2.03 billion, while analysts polled by LSEG were expecting $2.12 billion. Earnings fell to 24 cents per share from $4.40 per share a year ago. Expedia […]

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Trump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks
World

Trump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks

US President Donald Trump, alongside Treasury Secretary Scott Bessent (R), speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Cabinet Room of the White House in Washington, DC, on April 24, 2025. Saul Loeb | Afp | Getty Images President Donald Trump said in a social media post Friday […]

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Pandora to Puma: Retailers warn tariffs will push up prices
World

Pandora to Puma: Retailers warn tariffs will push up prices

A Puma sportswear store in central London on May 1, 2025. Bloomberg | Getty Images Household brands including Pandora, Puma and Hugo Boss all said this week that they are evaluating their pricing strategies in the U.S. and beyond in the event that President Donald Trump’s most punitive levies come into effect. Some others, meanwhile, […]

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IAG orders 71 long-haul jets split between Airbus and Boeing
World

IAG orders 71 long-haul jets split between Airbus and Boeing

Passenger aircraft, operated by British Airways Plc, at Heathrow Airport Terminal 5. Bloomberg | Bloomberg | Getty Images British Airways owner IAG on Friday unveiled plans to buy 71 long-haul aircraft from Airbus and Boeing, sharing a major fleet expansion across the Atlantic a day after Britain and the U.S. announced a trade deal. The […]

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The aluminum sector isn’t moving to the U.S. despite tariffs — due to one key reason
World

The aluminum sector isn’t moving to the U.S. despite tariffs — due to one key reason

HAWESVILLE, KY – May 10 Plant workers drive along an aluminum potline at Century Aluminum Company’s Hawesville plant in Hawesville, Ky. on Wednesday, May 10, 2017. (Photo by Luke Sharrett /For The Washington Post via Getty Images) Aluminum The Washington Post | The Washington Post | Getty Images Sweeping tariffs imposed by U.S. President Donald […]

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Candy giant Ferrero adds American twists to Nutella, Ferrero Rocher to fuel U.S. growth
Business

Candy giant Ferrero adds American twists to Nutella, Ferrero Rocher to fuel U.S. growth

Containers of Nutella hazelnut spread made by the Ferrero company is displayed on March 27, 2024 in San Anselmo, California.  Justin Sullivan | Getty Images News | Getty Images Ferrero North America is adding peanuts to its Nutella, turning its Ferrero Rocher spheres into squares and adding Dr Pepper flavor to Tic Tacs, all in […]

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Germany’s new economy boss has a plan — and it starts with risk, speed and big bets
World

Germany’s new economy boss has a plan — and it starts with risk, speed and big bets

09 May 2025, Bavaria, Gmund Am Tegernsee: Katherina Reiche (CDU), Federal Minister for Economic Affairs and Energy, takes part in the Ludwig Erhard Summit. Representatives from business, politics, science and the media are taking part in the three-day summit. Photo: Sven Hoppe/dpa (Photo by Sven Hoppe/picture alliance via Getty Images) Picture Alliance | Picture Alliance […]

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Nvidia modifies H20 chip for China to overcome U.S. export controls: Reuters
World

Nvidia modifies H20 chip for China to overcome U.S. export controls: Reuters

Nvidia CEO, Jensen Huang, speaks during an interview on CNBC’s ‘Power Lunch’ on May 6, 2025. CNBC Nvidia plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters. The U.S. chipmaker […]

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Trump’s deal with the UK sends a clear message: 10% tariffs are here to stay
World

Trump’s deal with the UK sends a clear message: 10% tariffs are here to stay

President Donald Trump listens as Prime Minister Keir Starmer of Britain speaks to him on the speaker phone in the Oval Office at the White House on May 08, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears […]

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