CNBC Daily Open: Hoping for a 50-basis-point cut

CNBC Daily Open: Hoping for a 50-basis-point cut



Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision.



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Trump scared Europe with his national security strategy. That’s no bad thing, ex-CIA chief says
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Trump scared Europe with his national security strategy. That’s no bad thing, ex-CIA chief says

Gen. David Petraeus, Former CIA Director, Fmr. Central Commander and American commander in Iraq. Adam Jeffery | CNBC The White House’s new national security strategy gave Europe a scare last week as it warned the region faced “civilizational erasure” and questioned whether it could remain a geopolitical partner for America. The document shocked allies on the […]

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TerraUSD creator Do Kwon sentenced to 15 years over  billion crypto collapse
World

TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse

Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of U.S. District Judge Paul Engelmayer in New York City, New York, U.S., August 12, 2025 in this courtroom sketch. Jane Rosenberg | Reuters Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital […]

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Asia-Pacific markets trade mostly higher after Wall Street notches fresh record
World

Asia-Pacific markets trade mostly higher after Wall Street notches fresh record

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mostly higher Friday, tracking Wall Street gains after two key benchmarks hit new records on the heels of the recent Federal Reserve decision to cut rates. […]

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