business news
CNBC Daily Open: Ceasefire at risk of collapse
U.S. forces patrol the Arabian Sea near the M/V Touska ship on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images Hello, this is Leonie Kidd writing to you from […]
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Australia hikes rates again and warns inflation will stay higher for longer
Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Dec. 9, 2025. Australia’s central bank kept its key interest rate unchanged for a third straight meeting in a widely expected decision, while reiterating that future moves will hinge on incoming […]
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HSBC first-quarter pre-tax profit misses estimates on wider-than-expected credit losses
Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates on the back of larger-than-expected credit losses and other impairment charges. HSBC’s revenue gained 6%, year on year, exceeding estimates. Here are HSBC’s first-quarter results compared with the consensus estimates compiled by the bank. Pre-tax profit: $9.4 billion vs. $9.59 billion […]
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Secret Service officer arrested for indecent exposure in Miami after Trump golf event
The U.S. Secret Service insignia is pictured on a wall at the Secret Service headquarters in Washington. Kevin Lamarque | Reuters A U.S. Secret Service officer was arrested in Miami on a charge of indecent exposure while off-duty, authorities said Monday. The officer, John Spillman, had earlier worked on exterior security screening for President Donald […]
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Shares slide, oil prices elevated as U.S.-Iran truce prospects dim
A screen displays share prices inside the Kabuto One building in Tokyo, Japan, on Monday, April 13, 2026. Oil surged and stocks fell after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran following the collapse of weekend peace talks. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty […]
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BYD’s passenger EV sales drop for an eighth month as competition heats up
NANJING, CHINA – APRIL 30, 2026 – Tourists visit the BYD exhibition area at the Auto Expo in Nanjing, Jiangsu Province, China on April 30, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD‘s passenger vehicle sales fell for an eighth consecutive month in April, while […]
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CNBC Daily Open: Trump’s indefinite ceasefire does not seem so definite
An Iran-made missile is displayed in front of a mosque at a war museum in Tehran, Iran, on April 2, 2026, amid U.S.-Israeli military operations in Iran. (Photo by Morteza Nikoubazl/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of […]
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Stock futures are little changed as Wall Street eyes latest developments in Middle East and oil prices: Live updates
A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Monday night after the major averages suffered declines amid growing concerns […]
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CNBC’s The China Connection newsletter: China is rewiring the Silicon Valley model — starting in Hong Kong
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. My latest conversations with investors reveal a notable shift: China has taken note of how finance powered Silicon Valley’s rise and is following suit. […]
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Andy Jassy says Amazon investors will be rewarded by all its AI spending
Andy Jassy said Amazon’s massive spending on artificial intelligence isn’t something investors should fear — it’s exactly why they’ll be rewarded over time. “We believe that AI is the biggest technology transformation in our lifetimes,” the CEO said on “Mad Money.” “It’s going to reinvent every single customer experience we know and altogether new ones […]
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