Year: 2025
Elon Musk says he regrets some social media posts he made about Trump
“I regret some of my posts about President @realDonaldTrump last week. They went too far,” Elon Musk said on the X social media platform. Alex Wroblewski | Afp | Getty Images Tech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week […]
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Dollar divorce? Asia’s shift away from the U.S. dollar is picking up pace
U.S. dollar bill. Catherine Mcqueen | Moment | Getty Images Asia’s shift away from the U.S. dollar is ramping up. A mix of geopolitical uncertainties, monetary shifts, and currency hedging is prompting a meaningful move toward de-dollarization across the region. “Trump’s erratic trade policy decisions and the dollar’s sharp depreciation are probably encouraging a more […]
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CNBC Daily Open: Headwinds don’t seem to bother the U.S. stock market
Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSE The U.S. stock market appears a little too optimistic. All three major indexes climbed Wednesday, with the S&P 500 and Nasdaq Composite enjoying their third consecutive session in the green. The S&P, in fact, is around 2% away from […]
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The rise of artificial intelligence can make college degrees ‘out of date’: Upskill in AI or fall behind, says expert
“Rapid skills change and knowledge turnover may mean formal degrees are more rapidly out of date,” according to PwC’s 2025 Global AI Jobs Barometer report. Nd3000 | Istock | Getty Images Employer demand for formal degrees is declining for all jobs, but more quickly for jobs exposed to artificial intelligence, according to the 2025 AI […]
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Nintendo sees record 3.5 million sales of its latest Switch console in first four days
Nintendo Switch 2 controllers are displayed during at the Nintendo New York store on June 4, 2025, for a launch event ahead of the video game hybrid console’s midnight release. David Dee Delgado | AFP | Getty Images Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four […]
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CNBC’s The China Connection newsletter: AI hits an already weak jobs market
College graduates of the class of 2025 seek jobs at a special job fair for the new food and biomedicine industries in Huai ‘an City, Jiangsu Province, China, on June 8, 2025. Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis […]
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Gavin Newsom locks horns with Trump in a politically defining moment
Gov. Gavin Newsom speaks with Economic Development Corporation CEO Stephen Cheung at the 2025 Economic Forecast and Industry Outlook conference at East Los Angeles College on Wednesday, February 26, 2025. Sarah Reingewirtz | Medianews Group | Los Angeles Daily News Via Getty Images | Medianews Group | Getty Images Amid immigration raids, peaceful protests, attacks […]
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Elon Musk says Tesla robotaxi rides in Austin ‘tentatively’ set to begin June 22
Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul | Pool | Via Reuters Tesla CEO Elon Musk said on Tuesday that his company’s robotaxi service is “tentatively” set to launch in Austin, Texas, on June 22. In a […]
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CNBC Daily Open: The U.S. stock market could be a little too optimistic
Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSE The U.S. stock market appears a little too optimistic. All three major indexes climbed Wednesday, with the S&P 500 and Nasdaq Composite enjoying their third consecutive session in the green. The S&P, in fact, is around 2% away from […]
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Trump tariffs may remain in effect while appeals proceed, U.S. appeals court rules
U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | Reuters A federal appeals court allowed President Donald Trump’s most sweeping tariffs to remain in effect on Tuesday while it reviews a lower court decision blocking […]
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