Donald Trump
Deutsche Bank raises S&P 500 forecast on ‘TACO’ theory: ‘We will get further relents’
Deutsche Bank’s Binky Chadha is bullish again, confident that the Trump administration will continue to back down on tariffs. “Our base case was for a significant rally in equities on a credible relent on trade policies,” the chief U.S. equity and global strategist wrote Tuesday. “In the event, the administration relented earlier than we had […]
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Ford reports 16% sales increase in May amid employee pricing, tariffs
DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs and vehicle price increases. Sales for the Detroit automaker were led by a 17.2% increase in its vehicles with traditional internal combustion engines, as well as a roughly […]
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AI, trade and $24 socks: Inside the inaugural SXSW in London
SXSW had branding all around the neighbourhood of Shoreditch in London. Arjun Kharpal | CNBC South by Southwest (SXSW) may be a well-known event in the United States, but it certainly hasn’t reached the same level of recognition in Britain. “What’s that?” asked a pedestrian who was passing by a SXSW London sign. SXSW is […]
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CNBC Daily Open: Elon Musk’s companies aren’t fully self-driving and await his steering
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters In his first week away from the U.S. government’s so-called Department of Government Efficiency, Elon Musk is seeing positive activity in his companies. His brain tech startup Neuralink announced a $650 million funding round, while […]
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European markets are set to open higher ahead of flash inflation data
Here are the opening calls London was the No. 2 most-visited city in the world for 2023, according to Euromonitor International. Karl Hendon | Moment | Getty Images Good morning from London and welcome to CNBC’s live blog covering all the action in European financial markets, as well as business news, analysis, earnings and data. […]
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CNBC Daily Open: Elon Musk’s companies report positive developments amid his return to work
Elon Musk laughs during a press event with US President Donald Trump in the Oval Office of the White House in Washington, DC, on May 30, 2025. Allison Robbert | AFP | Getty Images In his first week away from the U.S. government’s so-called Department of Government Efficiency, Elon Musk is seeing positive activity in his […]
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Trump administration is convinced massive Alaska energy project will find investors despite steep cost
The Trump administration is confident that a massive liquified natural gas project in Alaska will find investors despite its enormous cost. President Donald Trump has pushed Alaska LNG as a national priority since taking office. Alaska has already spent years trying to build an 800-mile pipeline from the North Slope above the Arctic Circle south […]
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In China, ‘The Great American’ burger is now made with Australian beef
At his restaurant in Beijing, Geng Xiaoyun used to offer a special dish of salt-baked chicken feet — or “phoenix talons” as they are called in China — imported from America. With prices climbing 30% from March due to tariffs, the owner of Kunyuan restaurant had to pull the Chinese delicacy from the menu. “American […]
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Boulder fire attack suspect Soliman charged with federal hate crime
Mohamed Sabry Soliman, man accused of attacking a rally supporting Israeli hostages in Boulder, Colorado. Obtained by NBC News Federal prosecutors on Monday charged the suspect in a fire attack on demonstrators in Boulder, Colorado, with a charge of hate crime. A criminal complaint filed against the suspect, Mohamed Sabry Soliman, said there is probable […]
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