World
China unveils childcare subsidies in push to boost fertility
China rolled out on Monday an annual childcare subsidy of 3,600 yuan (about $500) until age three, as authorities look to spur a flagging birth rate with fewer young people choosing to have children. The high cost of childcare and education, as well as job uncertainty and a slowing economy, are among the concerns that have […]
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CNBC Daily Open: Markets are already looking past U.S.-EU trade deal and need another catalyst
Traders work on the floor of the New York Stock Exchange (NYSE) on July 28, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock markets in the U.S. and Europe didn’t seem that delighted with the U.S.-European Union trade deal reached over the weekend. The S&P 500 ticked up, but […]
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Procter & Gamble replaces CEO Moeller with COO and long-time executive Jejurikar
Jon R. Moeller Source: Procter & Gamble Procter & Gamble CEO Jon Moeller is stepping away from the top job after four years in the role, and the consumer goods giant said he would be succeeded by Chief Operating Officer Shailesh Jejurikar. Moeller will become executive chairman and “provide advice and counsel to the CEO […]
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Asia-Pacific markets fall as traders await outcome of U.S.-China trade talks
Asia markets start Tuesday trading in the red Asia markets started the trading day lower. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%. South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq slipped 0.88%. Australia’s S&P/ASX 200 lost 0.42%. —Lee Ying Shan Opening calls Good morning from Singapore. Asia markets are poised for a weaker open. Japan’s benchmark Nikkei […]
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Stock futures are little changed after S&P 500 ekes out another closing record: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 11, 2025. Jeenah Moon | Reuters Stock futures were relatively unchanged on Monday on the heels of the S&P 500 and Nasdaq Composite eking out yet another record despite a market rally failing to materialize. S&P […]
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Cadence to plead guilty and pay $140 million to U.S. for China sales
The logo of Cadence Design Systems is pictured outside the company’s offices in San Jose, California, U.S., January 31, 2020. Stephen Nellis | Reuters Cadence Design agreed to plead guilty and pay more than $140 million to resolve U.S. charges for selling its chip design products to a Chinese military university believed to be involved in simulating […]
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The index to watch to decide if we are entering a new bull phase
Wall Street has its eye on the S & P 500 Equal Weight Index — which treats every stock equally — to gauge if the current market rally is a head fake or the start of a serious bull run. The Invesco S & P 500 Equal Weight ETF , known by its RSP ticker […]
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Chinese exports to U.S. could decrease by $485 billion by 2027: Tariff simulator
A cargo ship loads and unloads foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, on July 25, 2025. Nurphoto | Nurphoto | Getty Images Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts […]
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Even with high tariffs, Trump’s trade war suddenly is starting to look not so scary on Wall Street
U.S. President Donald Trump talks to the media as he meets with British Prime Minister Keir Starmer (not pictured) at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland. Christopher Furlong | Getty Images U.S. tariffs on incoming goods look to be settling in only slightly less than what President Donald Trump had […]
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European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
In a bar in Neukölln there are bottles of spirits on a shelf. Picture Alliance | Picture Alliance | Getty Images European wine and spirit makers are viewing their exclusion from the newly-etched U.S.-EU trade deal with caution as industry bodies call for a sector specific carve-out. European Commission President Ursula von der Leyen said […]
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