Year: 2025
Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate
President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden’s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s […]
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India set to top Asia’s air passenger market over next three years: Airports Council International
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Stefano Baronci of ACI Asia-Pacific & Middle East describes the flight cancellation issues at Indian carrier IndiGo as a “transitional setback”. He emphasized that these disruptions do not change the medium- and long-term outlook, in which India’s air passenger market will lead […]
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China consumer inflation hits near two-year high despite deeper-than-expected producer deflation
People walk along the Huguosi street, Xicheng district, a dedicated food street in Beijing on August 23, 2024. Adek Berry | AFP | Getty Images China’s consumer inflation accelerated in November to the highest level in nearly two years while producer price deflation worsened, underscoring the challenge policymakers face in reviving domestic demand amid persistent […]
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Microsoft to invest $17.5 billion in India’s AI infra as Big Tech queues up for the Asian market
Microsoft CEO Satya Nadella appears at an event with tech CEOs and senior officials, including Indian Prime Minister Narendra Modi, in the East Room of the White House in Washington on June 22, 2023. Chris Kleponis | CNP | Bloomberg | Getty Images Microsoft on Tuesday announced it would invest $17.5 billion in India’s cloud […]
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CNBC Daily Open: A ‘hawkish cut’ by the Fed could dull festivities
An eagle is seen framed though construction fence on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on September 16, 2025 in Washington, DC, U.S. Kevin Dietsch | Getty Images News | Getty Images On Wednesday stateside, the U.S. Federal Reserve is […]
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Asia-Pacific markets mostly higher as investors await China inflation data, Fed decision
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China later in the day and an interest rate decision from the Federal Reserve. Traders are looking […]
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Watch: Trump delivers speech on the economy in Pennsylvania as cost concerns grow
[The stream is slated to start at 6:10 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is scheduled to deliver remarks on the U.S. economy as he works to sell a message of economic success to a country increasingly concerned about the cost […]
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Trump trade rep changes China soybean purchase timeline, cites ‘discrepancy’
US Trade Representative Jamieson Greer testifies during a US Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on 2026 funding priorities, on Capitol Hill in Washington, DC, Dec. 9, 2025. Saul Loeb | AFP | Getty Images U.S. Trade Representative Jamieson Greer on Tuesday told a Senate committee that the deadline for […]
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Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows
While markets expect Kevin Hassett to be named the next Federal Reserve chair, he is pointedly not the choice of respondents to the CNBC Fed Survey. The December survey shows 84% believe President Donald Trump will tap Hassett, director of the National Economic Council, to head the central bank. But only 11% think that’s what the […]
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Hinge founder leaves CEO role to launch AI-powered dating startup
Justin McLeod speaks during the Fast Company Innovation Festival 2025 on Sept. 18, 2025 in New York City. Eugene Gologursky | Getty Images Hinge founder Justin McLeod is stepping down as CEO of the dating app to launch a dating service powered by artificial intelligence. McLeod will be replaced by Jackie Jantos, the dating app’s […]
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