World
The British pound’s ‘bizarre behavior’ is dividing market watchers on what comes next
LONDON — Tariffs, economic uncertainty and political challenges have created a difficult-to-navigate U.K. market this year, sparking some turbulence for the country’s currency. The pound has gained around 7.2% against the U.S. dollar in the year to date, while losing 4.3% against the euro, with some significant bumps along the way. GBP= YTD line GBP/USD […]
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The U.S.-EU deal is here. Europe’s businesses remain on edge
US President Donald Trump speaks during a multilateral meeting with European leaders in the East Room of the White House in Washington, DC, US, on Monday, Aug. 18, 2025. Aaron Schwartz/CNP/Bloomberg via Getty Images The U.S. and European Union granted businesses some desperately sought after clarity as they shared fresh details on their trade agreement […]
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The AI party isn’t over — these will be the winners and losers, Wedbush’s Dan Ives says
The artificial intelligence party isn’t over yet despite fears of a bubble, according to tech bull Dan Ives — and he’s got a handful of names in mind as winn ing and los ing from the trend . “My view is, you’re going to have these digestion periods, but you cannot get too nervous,” Ives, […]
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Are Britain’s rich packing up? Here’s what’s behind the tax crackdown fears
Ellevated view over London’s River Thames and city financial district skyline. Gary Yeowell | Digitalvision | Getty Images Stark warnings have surfaced since the U.K.’s tax crackdown on the wealthy that an exodus of the mega-rich is underway. Hard data has yet to back up the trend. At the heart of the potential flight are […]
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Chocolate lovers, brace yourselves: prices are rising, but not forever
Dubai pistachio kunafa chocolate bars are displayed in Maple, Ontario, Canada, on May 11, 2025. Nurphoto | Nurphoto | Getty Images Chocolate lovers face another run of price rises as a lag impact from the cocoa market hits retailers — but better news may be in store by next Easter. Cocoa prices have soared in […]
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DeepSeek hints latest model will be supported by China’s ‘next generation’ homegrown AI chips
Anthony Kwan | Getty Images News | Getty Images Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown “next generation” chips to support its AI models, while announcing an update to one of its large language models. In a comment under a post on its official WeChat account, DeepSeek said the […]
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Stock futures are little changed ahead of Powell’s Jackson Hole speech: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed early Friday ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday. Investors will be seeking clues on the path forward for […]
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European stocks lose further ground as traders digest details of EU-U.S. trade deal
Workers assemble cars on the assembly line at a Volkswagen automobile factory on March 7, 2025, in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images Shares listed in Europe opened lower on Friday, as investors continue to assess the full scope of the European Union’s trade deal with America. The pan-European Stoxx […]
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CNBC Daily Open: In Trump’s era, Jackson Hole’s no longer just for market watchers
Jerome Powell, chairman of the U.S. Federal Reserve arrives for a dinner during the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Aug. 21, 2025. David Paul Morris | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will be giving his keynote address at the […]
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Nio shares pop after releasing one of its most affordable SUVs yet
The Nio logo is seen at the NIO booth in the National Exhibition Center in Shanghai, China, on April 28, 2025, during the Shanghai Automobile Show 2025. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric carmaker Nio surged after the company unveiled one of its most […]
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