Economic events
Market tuning out tariffs and tax bill and that will continue in second half, Barclays says
Stocks have been shaking off threats from tariffs and tax policy as of late – and they’re likely to continue doing so, according to Barclays. Markets are poised to stop constantly responding to President Donald Trump’s tariff policy and the “One Big Beautiful” tax bill making its way through Congress, the bank said. Instead, traders’ […]
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CNBC’s Inside India newsletter: Iran-Israel war sparks fresh interest in India’s defense sector
Hello, this is Ganesh Rao, writing from London. This week, I look into how the Israel-Iran conflict was a reminder of India’s vulnerabilities — and the opportunities emerging from the crisis. The Indian Army’s Brahmos missile system takes part Rehearsal in full swing ahead of the Republic Day Parade 2025, at Kartavya Path on January […]
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CNBC Daily Open: Funny how the S&P 500 is teasing a new high amid uncertainties
Traders work at the New York Stock Exchange on June 25, 2025. NYSE Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S. President Donald Trump’s “reciprocal” tariffs, before the White House’s “One Big […]
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CNBC Daily Open: Despite all the uncertainty, the S&P 500 is flirting with record highs — strange times
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025. Brendan McDermid | Reuters Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S. […]
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Trump threatens tough trade deal for Spain after it refuses to meet NATO defense spending target
U.S. President Donald Trump speaks during a press conference, at the NATO summit in The Hague, Netherlands, June 25, 2025. Brian Snyder | Reuters U.S. President Donald Trump on Wednesday said Spain’s refusal to meet the NATO defense spending target of 5% of gross domestic product will mean a tougher trade deal for the southern […]
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CNBC’s The China Connection newsletter: Whispers of a new world order in Tianjin
The 2025 Summer Davos forum will be held from June 24 to 26 in Tianjin and is expected to bring together around 1,800 participants from over 90 countries and regions. China News Service | China News Service | Getty Images This report is from CNBC’s The China Connection newsletter, which brings you insights and analysis […]
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‘Time to get serious on defense’: A moment of truth for NATO as leaders seek unity on spending hike
The NATO summit in the Netherlands. Haiyun Jiang | Via Reuters It’ll be a moment of truth for NATO on Wednesday when the Western military alliance releases a joint statement on a heavily pushed and previewed collective defense spending hike. Allies have been corralled, cajoled and pressured to hike their defense expenditure from 2% to […]
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China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
Key Points China is introducing ways to bolster yuan’s usage as confidence in the U.S. dollar falters. Three major Chinese exchanges have allowed certain foreign institutional investors to trade more futures and options contracts listed in mainland China. From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to accelerate international […]
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Trump and the U.S. are totally committed to NATO, alliance chief says to reassure allies
U.S. President Donald Trump walks to board Marine One before departing from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO’s Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty Images The U.S. and President Donald Trump are totally committed […]
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NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be
U.S. President Donald Trump attends a meeting with NATO Secretary General Jens Stoltenberg ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. Kevin Lamarque | Reuters Before this week’s annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product […]
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