Breaking News: Economy
Op-ed: What $5 billion humanoid robots taught me about risk, jobs and the future of the economy
An Apollo humanoid robot prototype, made by Apptronik Inc., demonstrates its dexterity during a media day at the Mercedes-Benz Digital Factory Campus in Berlin, Germany on Tuesday, March 18, 2025. Bloomberg | Bloomberg | Getty Images Recently, Apptronik announced a $520 million funding round at a valuation north of $5 billion, with Alphabet‘s Google DeepMind […]
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Iran war threatens $11.7 trillion global travel industry as passengers get caught in crossfire
Zoey Gong, a Chinese medicine food therapist, was days away from boarding an Emirates flight from Paris to Shanghai via Dubai, United Arab Emirates, when the U.S. and Israel attacked Iran on Saturday. Gong, 30, had her flight plans derailed as a result, and she told CNBC that she had to pay $1,600 to get […]
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Iran war and stocks: Why Global X says ‘it might be time to double down’ on emerging markets
ETF Edge Iran war and stocks: Why Global X says ‘it might be time to double down’ on emerging markets Published Thu, Mar 5 20267:00 AM EST Blair Bao WATCH LIVE Source
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Deflation and tariff-hit China sets lowest growth target on record at 4.5% to 5%
Xi Jinping, China’s president, center, attends the opening session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of People in Beijing, China, on Wednesday, March 4, 2026. Qilai Shen | Bloomberg | Getty Images China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest […]
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The U.S. insists the Iran conflict won’t be a ‘forever war.’ Experts beg to differ
Plumes of smoke rise over the skyline on March 3, 2026 in Tehran, Iran. Majid Saeedi | Getty Images Since the U.S. and Israel launched surprise strikes on Iran last weekend, Washington has been keen to stress that the military action will be over in a matter of weeks and won’t turn into a so-called […]
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Stocks making the biggest moves after hours: Broadcom, Okta, StubHub & more
Check out the companies making headlines in after-hours trading. Okta — Okta beat Wall Street’s fourth-quarter expectations , leading shares of the identity security provider to add about 2%. Okta reported adjusted earnings of 90 cents per share on $761 million in revenue, exceeding analysts’ estimate of 85 cents per share in earnings and $749 […]
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Bessent says global 15% tariff starts this week, predicts Trump duties will return to old levels later this year
President Donald Trump’s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday. Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties […]
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Middle East conflict poses fresh test to central banks as oil shock fuels inflation
Pedestrians look out across the city skyline as they walk along the Tabiat bridge in Tehran, Iran, on Saturday, Aug. 4, 2018. Ali Mohammadi | Bloomberg | Getty Images A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus […]
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New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers
Key Points American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Fed President John Williams said in remarks that counter White House claims. A study Williams cited on the issue has generated a fair amount of controversy over the past few weeks, with White House economist Kevin […]
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Japanese homebuilders go on a U.S. shopping spree
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Japanese […]
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