World
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
Major Japanese carmakers say they aren’t raising prices in the U.S. because of tariffs
Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters Major Japanese automakers have denied to CNBC that they have raised prices in the U.S. because of tariffs imposed by the Trump administration. That comes after a Nikkei Asia report on Thursday that […]
Read More
India, Russia vow to deepen trade ties, defying Trump’s tariff threats over oil
TOPSHOT – Russia’s Foreign Minister Sergey Lavrov (R) and India’s Foreign Minister Subrahmanyam Jaishankar enter a hall for their talks at Zinaida Morozova’s Mansion in Moscow on August 21, 2025. Alexander Zemlianichenko | Afp | Getty Images India and Russia agreed Thursday to expand bilateral trade ties, signaling that U.S. tariff pressure on New Delhi […]
Read More
Elon Musk asked Meta CEO Mark Zuckerberg to join xAI bid to buy OpenAI, filing shows
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters Elon Musk, the world’s richest person, asked Meta CEO Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI in early 2025, court filings on Thursday revealed. The filing is part of a legal case […]
Read More
Asia-Pacific markets trade mixed as investors look ahead to U.S. Fed chair Powell’s speech
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets traded mixed Friday as investors await U.S. Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual economic symposium, which could offer clues into the path […]
Read More
OpenAI says HR chief Julia Villagra is leaving company
Jaque Silva| Nurphoto | Getty Images OpenAI’s human resources chief, Julia Villagra, is leaving the company, CNBC has confirmed. It’s the latest high-profile shakeup at the artificial intelligence startup, which is aggressively hiring AI talent as it faces heightened competition from Google, Meta, Anthropic and others. OpenAI CEO Sam Altman announced Villagra’s promotion to the […]
Read More
CNBC Daily Open: Jackson Hole takes on new significance amid Trump’s pressure on the Fed
Jeffrey Schmid, president and chief executive officer of the Federal Reserve Bank of Kansas City, right, during an interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Wednesday, Aug. 20, 2025. David Paul | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will […]
Read More