Year: 2025
The copper market shows how tariffs are putting traders and businesses in a bind
Lingering uncertainty over the 90-day suspension of President Donald Trump’s high tariffs could scramble some traditional market signals as traders and businesses try to get ahead of government policy. Copper is one asset caught up in such a push-pull scenario, according to Morgan Stanley. The metal, sometimes referred to as ” Dr. Copper ,” has […]
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10-year Treasury yield slips as U.S.-China trade talks enter second day
The 10-year yield slipped on Tuesday as U.S. and Chinese officials continued trade negotiations in London for a second day. The 10-year Treasury yield was down by 1.2 basis points at 4.472%. The 2-year yield added more than one basis point to 4.016%. The 30-year yield was lower by 2.3 basis points to 4.931%. One basis point […]
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Starbucks to roll out Microsoft Azure OpenAI assistant for baristas
Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike Blake Mike Blake | Reuters Starbucks plans to roll out a generative artificial intelligence assistant created with Microsoft Azure’s OpenAI platform to 35 locations this month as part of its strategy to simplify baristas’ jobs and speed up […]
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Former Wall Street analyst building market AI on why stock pickers won’t go extinct
Wall Street isn’t immune from the plot line that has generative AI resulting in wholesale knowledge worker replacement. A new tool from AlphaSense, called Deep Research, won’t provide any comfort. The generative AI agent functions like a team of analysts operating at what AlphaSense calls “superhuman speed,” generating research and market insights, and building investment-grade […]
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Uncertainty looms as 2025 nears the halfway mark. How to make sure your portfolio is prepared
Stocks have made a recovered from this year’s lows, but uncertainty remains a key theme as the second half of the year approaches – and investors can prepare for it. President Donald Trump’s rollout of sharply higher tariffs in April sent stocks on a wild ride, with the S & P 500 at one point […]
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Trump deployment of National Guard, Marines to LA will cost $134 million: Pentagon official
Members of the California National Guard stand watch outside the Edward R. Roybal Federal Building in Los Angeles, as protests continue in response to federal immigration operations, June 10, 2025. Ronaldo Schemidt | Afp | Getty Images President Donald Trump’s deployment of National Guard troops and Marines to Los Angeles as immigration-enforcement protests continue will […]
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Google overhauls internal learning platform to focus on AI, ‘business priorities’
Sundar Pichai, CEO of Alphabet, speaks during an event in New Delhi, December 19, 2022. Sajjad Hussain | AFP | Getty Images Google is overhauling a popular internal learning platform to focus on teaching employees how to use modern artificial intelligence tools in their daily work routines, CNBC has learned. Grow, as the learning service […]
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California asks judge to quickly block Trump troop deployments to LA
California National Guard personnel stand outside the Edward R. Roybal federal building after their deployment by U.S. President Donald Trump, in response to protests against immigration sweeps, in Los Angeles, California, U.S. June 8, 2025. David Ryder | Reuters California Gov. Gavin Newsom on Tuesday asked a federal judge to quickly block the Trump administration’s […]
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Why BlackRock’s smallest deal of 2024 may end up being its most consequential
BlackRock CEO Larry Fink has sent a clear message to investors: The world’s largest asset manager’s smallest acquisition last year could end up its most consequential. During an industry conference in March, the long-time executive said BlackRock’s $3.2 billion purchase of alternatives asset data provider Preqin — its smallest of the four deals announced in […]
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In China, fears grow of an EV financial crisis amid pricing war
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of […]
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