World
Meta set to unveil first consumer-ready smart glasses with a display, wristband next month
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is planning to use its annual Connect conference next month to announce a deeper push into smart glasses, including the launch of the company’s […]
Read More
Where this BlackRock fund manager is finding pockets of opportunity in high-yield bonds
BlackRock’s Mitchell Garfin is still finding areas of opportunity in a high-yield bond market that looks expensive. Some investors, like Pimco chief investment officer Dan Ivascyn , have been moving into higher-quality bonds amid economic uncertainty and what they see as the lack of reward for taking on risk. “I’m not too concerned about the […]
Read More
The new gold play as investors look to hedge against risk, volatility
Gold has long been viewed as a safe-haven investment, and money has typically flowed into the asset as a hedge during uncertainty and volatility. This year, the tailwinds around tariffs and inflation have pushed the precious metal to a string of record highs. It’s also helped to bolster the growing number of gold-focused ETFs, which […]
Read More
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader in prepared remarks cited […]
Read More
Trump says he’ll fire Fed Governor Lisa Cook ‘if she doesn’t resign’
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022. Ting Shen | Bloomberg | Getty Images President Donald Trump said Friday he will fire Federal Reserve Governor Lisa Cook if she does not resign from her position. “What she […]
Read More
Investing in Space: The U.S.-China space race is getting tighter
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. A Long March-12 rocket carrying a group of internet satellites blasts off from the Hainan commercial spacecraft launch site on Aug. 4, 2025 in Wenchang, Hainan. China News Service | […]
Read More
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 […]
Read More
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 […]
Read More
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, […]
Read More
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 […]
Read More