Year: 2025
Jamie Dimon says Trump’s tariff policy is positive for national security so people should ‘get over it’
JPMorgan Chase CEO Jamie Dimon said Wednesday the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a global trade war and reignite inflation domestically, the head of the largest U.S. bank by assets said they could protect American […]
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Stocks making the biggest moves premarket: Netflix, United Airlines, Procter & Gamble, Oracle and more
Check out the companies making headlines before the bell. Netflix — Shares popped more than 15% after the company announced a top- and bottom-line beat on Tuesday night. The streaming service earned $4.27 per share on $10.25 billion in revenue for the fourth quarter. Analysts surveyed by LSEG had expected earnings of $4.20 per share […]
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How Bluesky, Twitter’s one-time side project, is challenging Elon Musk’s X
Billionaire Mark Cuban, New York Democratic Rep. Alexandria Ocasio-Cortez and author Stephen King are all now on Bluesky. The social media platform is the brainchild of Twitter co-founder Jack Dorsey, who conceived Bluesky as a side project inside Twitter in 2019. Bluesky, which is no longer affiliated with Dorsey, is now its own company, and […]
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Procter & Gamble earnings beat estimates as shoppers buy more household staples
Pepto Bismol made by Procter & Gamble is displayed on a grocery store shelf on July 28, 2023 in Greenbrae, California. Justin Sullivan | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts’ expectations, thanks to growing demand for household staples like toilet paper and laundry products. Shares of the company rose […]
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AI is the hot topic at Davos this year — here’s what the top CEOs are saying
Artificial intelligence is the topic du jour at this year’s World Economic Forum Annual Meeting — a major gathering of political and corporate leaders — in Davos, Switzerland. Fabrice Coffrini | AFP / Getty Images Of all the corporate buzzwords, artificial intelligence is by far the one that’s been on every major corporate leader’s lips […]
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Victory for Prince Harry as Murdoch papers admits wrongdoing by Sun
LONDON, UNITED KINGDOM – MARCH 30: Prince Harry, Duke of Sussex arrives at the Royal Courts of Justice on March 30, 2023 in London, England. (Photo by Max Mumby/Indigo/Getty Images) Max Mumby/indigo | Getty Images News | Getty Images Prince Harry settled his privacy claim against Rupert Murdoch’s UK newspaper group on Wednesday after the […]
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UK replaces competition watchdog’s chair with ex-Amazon boss after anti-growth criticism
Doug Gurr, Amazon’s former U.K. head, has been appointed chair of the Competition and Markets Authority. David M. Benett | Getty Images for Amazon LONDON — The British competition regulator tapped a top former Amazon executive as its new chair after facing accusations from Prime Minister Keir Starmer of stifling growth. The Competition and Markets […]
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ECB’s Lagarde: Not overly concerned by the export of inflation to Europe
The European Central Bank is “not overly concerned” about the risk of inflation from abroad and will continue to cut interest rates at a gradual pace, the institution’s President Christine Lagarde told CNBC Wednesday. Asked about the potential effect on Europe if inflation resurges in the U.S., Lagarde said: “If there is reigniting of inflation […]
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Europe must be prepared for Trump tariffs, European Central Bank chief warns
Europe must “be prepared” and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday. She said the fact that Trump had not imposed blanket tariffs on the first day of his presidency was a “very smart approach … because blanket tariffs are […]
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Europe ready to respond ‘in a proportionate way’ as Trump touts tariffs, top EU official says
Europe will respond to any tariffs imposed by U.S. President Donald Trump in a proportionate way, the European Union’s commissioner for the economy told CNBC on Wednesday. “If there is a need to defend our economic interests, we will be responding in a proportionate way,” Valdis Dombrovskis told CNBC’s Steve Sedgwick on the sidelines of […]
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