Russia’s intermittent nuclear threats make a lot of in the West “freak out,” and the Kremlin likes creating that panic. But China’s 12-place peace proposal tends to make Moscow’s nuclear threats much less credible, CNBC’s Ted Kemp reviews.
China’s system for Ukrainian peace has elements that Putin is not going to like
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Micron stock sinks 10%, further cratering in post-earnings sell-off
The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron shares plummeted 10% on Monday, continuing the memory maker’s significant post-earnings sell-off. The company snapped a six-day slide on Friday with a modest gain, but with Monday’s loss, the stock is down […]
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China suppliers warn of higher prices for Americans due to Strait of Hormuz closure
Pickleball paddle producer Devi Wei has a message for U.S. shoppers. “Americans will have to pay more,” the Chinese businessman told CNBC at a Beijing trade show last week at the China International Exhibition Center. Because of the recent swings in oil prices resulting from the Iran war and closure of the Strait of Hormuz, […]
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Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction of […]
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