World
Stock futures are little changed after Dow snaps four-day winning run: Live updates
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Stock futures were little changed Thursday after the Dow Jones Industrial Average snapped a four-day win streak. Futures tied to the Dow edged 58 points higher, or 0.1%. S&P 500 futures gained 0.1% along with Nasdaq-100 futures. The Dow slid 0.22% on […]
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Serena Williams says winning the Australian Open while pregnant was her most important career moment: ‘I don’t know how I did that’
Serena Williams of the US hits a return against Venus Williams of the US during the women’s singles final on day 13 of the Australian Open tennis tournament in Melbourne on January 28, 2017. Greg Wood | Afp | Getty Images BERLIN — It was an impressive enough sporting feat when Serena Williams won a […]
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UK April inflation overstated because of car tax error, UK statistics agency says
Shoppers and visitors out on Oxford Street on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images A car tax data calculation error caused the U.K.’s inflation rate to be overstated by 0.1 percentage points for the year to April, the Office for National Statistics (ONS) said on Thursday. […]
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Treasury yields steady after sharp Wednesday declines on weak data
U.S. Treasury yields stabilized on Thursday after sharp declines notched Wednesday on the back of a slate of disappointing U.S. data. The 2-year yield rose less than 1 basis point to 3.885% at 3:26 a.m. EST, with the 10-year Treasury yield also up by less than 1 basis point at 4.371%. The 30-year long bond yield held steady […]
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Citi plans to slash 3,500 tech roles in China as global banks cut costs
HONG KONG, CHINA – 2024/06/07: Pedestrians walk past the American multinational investment bank, Citibank or Citi, branch in Hong Kong. Sebastian Ng | Lightrocket | Getty Images Citigroup said Thursday it plans to cut around 3,500 technology positions in China, in the latest move by a major U.S. bank aimed at streamlining global operations and […]
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European stocks set to open higher as ECB widely expected to cut interest rates
British fintech Wise to move primary listing to the U.S. in blow to London stock exchange The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images British money transfer firm Wise on Thursday said that it plans to move its primary listing location to the U.S., dealing […]
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CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
Shoppers carry bags on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in […]
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Shein and Temu see U.S. demand plunge on ‘de minimis’ trade loophole closure
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports and the closure of the de minimis loophole, new data shows. Temu’s U.S. daily active users (DAUs) dropped 52% in May versus March, before Trump’s tariffs were announced, while those at […]
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Auto industry sounds the alarm as China’s rare earth curbs start to bite
Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters Automotive industry groups are increasingly worried about a rare earth shortage. Several European auto supplier plants and production lines have already been shut down due to China’s recent export controls, according to […]
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‘We want WrestleMania to come to London’: Mayor makes pitch to WWE legend Triple H
Mayor of London Sadiq Khan speaks with moderator Tania Bryer during the “Opening Remarks – Welcome to SXSW London” panel discussion on the first day of SXSW London 2025 at The Truman Brewery on June 2, 2025. Jack Taylor | Getty Images Entertainment | Getty Images London Mayor Sadiq Khan made a pitch to World […]
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