World
German parliament to vote on historic debt reform
The Reichstag building in the early morning. Paul Zinken/dpa | Picture Alliance | Getty Images Germany’s Bundestag is set to vote on a major fiscal package later on Tuesday, which includes changes to long-standing debt policies to enable higher defense spend and a 500 billion euro ($548 billion) infrastructure and climate fund. More than two […]
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CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]
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Baidu, once China’s generative AI leader, is battling to regain its position
Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images Chinese tech giant Baidu has released two new artificial intelligence models as it vies to regain its leading position in the country’s fiercely competitive AI space. The Baidu models launched Sunday included the […]
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European markets head for higher open ahead of German debt reform vote
European markets are heading for a higher open, with investor focus on the German government as it votes on historic debt reforms on Tuesday. The U.K.’s FTSE 100 index is expected to open 18 points higher at 8,696, Germany’s DAX up 90 points at 23,207, France’s CAC 21 points higher at 8,091 and Italy’s FTSE MIB […]
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Israel attacks targets in Gaza as ceasefire deadlock breaks
Palestinians walk among the rubble of homes in Gaza on March 17, 2025. Majdi Fathi/Nurphoto | Nurphoto | Getty Images The Israeli military said it hit targets across Gaza early on Tuesday, ending a weeks-long standoff over extending the ceasefire that halted fighting in January, with Palestinian health ministry officials reporting at least 100 dead. Strikes were reported in multiple locations, including […]
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BYD shares rally after it rolls out new technology that charges EVs in five minutes
A BYD Plus DM-i electric vehicle is seen on display at a showroom in the Jing’an district of Shanghai on March 11, 2025. Hector Retamal | Afp | Getty Images Shares of China’s BYD rallied on Tuesday after the company announced a new technology that it claims can charge electric vehicles almost as quickly as […]
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Shares in Japan’s largest trading houses rally after Buffett’s Berkshire hikes stake
Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Shares of the largest Japanese trading houses rallied on Tuesday after Warren Buffet’s Berkshire Hathaway raised its stakes in them overnight. The 94-year-old investor’s holding company raised its holdings in five […]
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Billionaire Ray Dalio attributes his success to meditation — and shares his ‘best advice’ for others
Bridgewater Associates’ Ray Dalio on stage at CNBC’s CONVERGE LIVE in March. Courtesy of CNBC Billionaire Ray Dalio says we’re living in a time of rapid change, as geopolitical tensions rise, economic systems shift and technology develops faster than ever before. As people grapple with what he called the “changing world order,” Dalio says it’s […]
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CNBC Daily Open: Stocks post second winning day as U.S. consumers show signs of holding up
Shoppers at the grand opening of Wegmans supermarket on Feb. 26, 2025 in Lake Grove, New York, U.S. Howard Schnap | Newsday | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For […]
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China’s Xi may visit US in not-too-distant future, Trump says
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images U.S. President Donald Trump on Monday suggested that Chinese President Xi Jinping may visit the United States “in the not-too-distant future” for talks as economic tensions escalate between the powers. Trump has slapped 20% levies on all imports from China since taking […]
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