World
Trump megabill gives the oil industry everything it wants and ends key support for solar and wind
President Donald Trump’s One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a friendly environment for oil, gas and coal production. The House of Representatives passed Trump’s megabill Thursday ahead of a White House-imposed deadline, after the Senate narrowly approved the controversial legislation Tuesday. Trump has made his […]
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Ilya Sutskever becomes CEO of Safe Superintelligence after Meta poached Daniel Gross
Ilya Sutskever, co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, Israel, June 5, 2023. Jack Guez | AFP | Getty Images OpenAI co-founder Ilya Sutskever said he will assume the CEO role at Safe Superintelligence, the artificial intelligence startup he launched last year. Sutskever’s announcement on Thursday comes after Meta […]
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French air traffic controllers’ walkout disrupts early summer season travel
Passengers look at the departures information board at Roissy Charles-de-Gaulle airport, outside Paris, on July 3, 2025, as French air traffic controllers launched a two-day strike to demand better working conditions, disrupting travel for tens of thousands of people at the start of a summer holiday season. (Photo by Thibaud MORITZ / AFP) (Photo by […]
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European renewable stocks to watch as Trump’s megabill hangs in the balance
Among the myriad details stuffed within U.S. President Donald Trump’s bumper “big beautiful bill,” European investors have been keeping an eye on one in particular — renewable energy policy. Shares of the region’s wind power firms gained on Wednesday after Senate lawmarkers narrowly approved a heavily amended version of the package . The move higher […]
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U.S. payrolls increased by 147,000 in June, more than expected
Job growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor […]
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Apple’s China iPhone sales grows for the first time in two years
People stand in front of an Apple store in Beijing, China, on April 9, 2025. Tingshu Wang | Reuters Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its […]
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What the U.S.-Vietnam trade deal tells us about the future of tariffs
Workers at a Thai Son S.P. Co. garment factory endeavor to produce products for global clients, in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images Global attention turned to Vietnam on Thursday, after U.S. President Donald Trump announced a trade deal with Hanoi just days before […]
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CNBC’s Inside India newsletter: Peaked, paused, and poised? India’s market reboot at half-time
Hello, this is Amala Balakrishner, writing from Singapore. This week, I examine the outlook for Indian equities for the second half of the year and how it compares to its other Asian market peers. Daily activity in Old Delhi shows congestion, overpopulation and lifestyle Danny Lehman | The Image Bank | Getty Images This report is from […]
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UK in dire straits after finance minister’s tears rattle markets
Britain’s Chancellor of the Exchequer Rachel Reeves and Britain’s Defence Secretary John Healey visit Wellington Barracks, in central London, on March 26, 2025. Stefan Rousseau | Afp | Getty Images All eyes are now on the U.K.’s ruling Labour Party for any sign of further political fractures that could rattle Britain’s economic stability, after the […]
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European stocks set to open higher as traders monitor UK turbulence, await U.S. jobs report
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