World
Robinhood stock tokens face scrutiny in the European Union after OpenAI warning
Avishek Das | SOPA Images | Lightrocket | Getty Images Lithuania’s central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week. “We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the […]
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Sacked Russian transport minister found dead in his car with gunshot wound
FILE PHOTO: Russian Minister of Transport Roman Starovoit arrives at a meeting of President Vladimir Putin with Venezuelan President Nicolas Maduro at the Kremlin in Moscow, Russia, May 7, 2025. Maxim Shemetov | Reuters Russia’s sacked transport minister has been found dead in his car outside Moscow with a gunshot wound and the principal hypothesis […]
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The euro is soaring — and Trump’s policies could push it even higher
The euro has seen significant gains against the dollar amid uncertainty around President Trump’s tariffs policies. Matt Cardy | Getty Images News | Getty Images The euro’s global importance will continue to strengthen this year while political forces fuel further gains against the U.S. dollar, according to central bankers and strategists. Speaking at an economic […]
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Trump’s tariffs deadline is closing in. Morgan Stanley lists three possible outcomes
Investors are hoping that — after months of uncertainty and market volatility — trade deals between the U.S. and several key trading partners will be announced this week. President Donald Trump said overnight that letters were due to be delivered from 12 p.m. ET Monday to countries, either confirming trade pacts or notifying them of […]
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Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images Tesla shares fell in premarket trade on Monday after CEO Elon Musk […]
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European markets open mixed amid fresh U.S. tariff threats
Shell lowers second-quarter gas output guidance, warns of weaker trading results Energy major Shell on Monday lowered its production guidance for its integrated gas division across the second quarter and warned of weaker results from its gas and chemicals trading units. In a trading update released ahead of its second-quarter financial results, the firm said […]
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CNBC Daily Open: Elon Musk, founder of companies and political parties
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living […]
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AI chip startup Groq expands with first European data center
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Artificial intelligence semiconductor startup Groq announced Monday it has established its first data center in Europe as it steps up its international expansion. Groq, which is […]
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Private credit’s trillion-dollar boom is fueling warnings of a hidden financial contagion
Private credit has swiftly emerged as one of the hottest corners of global finance, and its rapid rise is prompting alarm bells. Once a niche player catering to middle-market borrowers — or companies that fall between small businesses and large corporations, which are typically underserved by traditional banks — private credit has grown into a $1.7 trillion industry . […]
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Trump says countries aligning with BRICS policies will face additional 10% tariff
President of the United States Donald J. Trump delivers remarks to a crowd at an America250 rally in Des Moines, Iowa, United States, on July 3, 2025. Kyle Mazza | Anadolu | Getty Images U.S. President Donald Trump announced that an additional 10% tariff will be charged to countries “aligning themselves with the anti-American policies […]
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