World
Why investors are calling Trump’s bluff on 50% tariffs on the European Union
European stocks appear to have mostly shrugged off U.S. President Donald Trump’s abrupt threat to impose a 50% tariff on European Union goods, regarding it as a high-stakes negotiating tactic rather than a policy set in stone. It’s one message that could be drawn from the price action in the Stoxx Europe 600 index on […]
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A trading strategy for this market after Trump causes volatility to spike again
Trade tariff negotiations are not over yet. President Donald Trump threatened to raise tariffs up to 50% (starting June 1 st ) on the EU as talks have seemingly stalled. Equity markets immediately sold off. European equity markets tanked by 2% on the news. I want to use this surprising drop as an opportunity to […]
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Britain’s economy shows signs of positive momentum — but the UK may not be out of the woods just yet
People walk in Trafalgar Square, London, on April 28, 2025. Adrien Fillon | Nurphoto | Getty Images It’s been rare for a string of positive economic news to emerge out of the U.K. in 2025 — but this week in particular has given Britain three reasons to be optimistic. Data on Friday signaled unexpected positive […]
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Trump’s 5% NATO spend target ‘very, very difficult’ to meet, Greek PM says
Greek Prime Minister Kyriakos Mitsotakis and German Chancellor Friedrich Merz (not pictured) speak to the media following talks at the Chancellery on May 13, 2025 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images It would be challenging for NATO members to deliver on U.S. President’s Donald Trump’s defense spending demands, Greece’s […]
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Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat
Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar. Imaginima | E+ | Getty Images A protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash […]
Read MoreShe dropped out of culinary school at 21. Today, she teaches dumpling-making for a living
Samantha Mui, 34, is the founder of Thirsty Dumpling. Courtesy of Samantha Mui Samantha Mui has always been a bit of a rebel. Growing up, she knew she hated school but loved being creative and cooking. As a kid, she said, she played hooky by pretending to be sick so she could stay home and […]
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Yachts, Eric Trump and Habibi Doge: Dubai’s crypto party is bigger than ever
A yacht party hosted by DogeOS during the Token2049 Dubai conference week. Dubai, United Arab Emirates, May 1, 2025 Natasha Turak | CNBC DUBAI, United Arab Emirates — On a humid Dubai night in early May, I joined guests gathered on the five-storey, 220-foot long Lotus megayacht to celebrate the culmination of TOKEN2049, a major […]
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Apple raises trade-in prices for iPhones in China to spur demand in key market
People stand in front of an Apple store in Beijing, China, on April 9, 2025. Tingshu Wang | Reuters Apple on Friday raised the amount of money people can get off their next iPhone in China by trading in their old device, rolling out further incentives to spur demand in a crucial market. The iPhone […]
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BYD beats Tesla in European EV sales despite EU tariffs in ‘watershed moment,’ report says
Though the difference between the two brands’ monthly sales totals is relatively small, the implications of BYD beating out Tesla “are enormous,” says Felipe Munoz, global automotive analyst at JATO Dynamics. Jaap Arriens | Nurphoto | Getty Images BYD sold more pure battery electric vehicles in Europe than Tesla for the first time ever last […]
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European stock markets set to open higher as investors await more clues on the shape of UK economy
European shares are poised to move slightly higher at the open on Friday. Source
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