Economic events
Trump says he’s weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed on Wednesday that he’s considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans. “There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” Trump said during his remarks […]
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CNBC’s Inside India newsletter: How natural gas could help solve the India-U.S. trade dispute
Workers walk on the jetty’s platform at the Dhamra LNG Terminal Private Limited (DLTPL) near Dhamra port in Bhadrak district of India’s Odisha state on October 16, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images This report is from this week’s CNBC’s […]
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China keeps benchmark lending rates steady as PBOC prioritizes financial stability
The People’s Bank of China (PBoC) has set up a fintech committee. Zhang Peng | LightRocket | Getty Images China kept its key lending rates unchanged Thursday, as Beijing prioritizes financial stability over interest rate easing to bolster the economy. The People’s Bank of China held the 1-year loan prime rate unchanged at 3.1%, and […]
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Asia-Pacific markets were mostly down as Trump tariff threats dent sentiment
Cityscape of Perth, the capital of Western Australia. Georgeclerk | E+ | Getty Images Asia-Pacific markets were mostly down Thursday, as investors weigh U.S. President Donald Trump’s proposed tariffs of about 25% on autos, semiconductors and pharmaceutical imports. Trump, who said the duties could be implemented as soon as April 2, did not specify whether they will be […]
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Japan stocks set to rise after Wall Street gains as investors look beyond tariffs
Japan’s Osaka is the 43rd most expensive city to live in, according to the Economist Intelligence Unit. Mlenny | E+ | Getty Images Japan stocks were set to rise Wednesday, after Wall Street gained overnight with the S&P 500 closing at a record high as investors looked past tariffs and inflation headwinds. Futures for Japan’s […]
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European stocks are outperforming their U.S. counterparts — but for how long?
European stock markets have been on a tear this year, brushing off tariff threats , political volatility and economic stagnation — and strategists see significant upside ahead, even if a long-awaited annual outperformance over their U.S. peers remains elusive. In January, the pan-European Stoxx 600 index notched its best outperformance against the S & P […]
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Singapore Budget 2025: More support for businesses and households to ease living costs
The Singapore Parliament building. Prime Minister Lawrence Wong noted in his 2025 budget that while the country’s economy grew by more than 4% in 2024, it will be difficult to achieve that level of growth on a sustained basis. Bloomberg | Bloomberg | Getty Images Singapore has announced a slew of support measures for both […]
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France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister warns
Ironing out the 2026 budget of the euro zone’s second-largest economy will prove a “demanding” task, French Economy Minister Eric Lombard told CNBC’s Charlotte Reed, after lawmakers earlier this month finally adopted 2025’s financial plan after a spate of tumultuous, government-toppling attempts. France has charted a trajectory to reduce its public deficit, aiming to reach […]
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Asia markets open mixed as investors assess Chinese President Xi’s comments in a meeting with top executives
Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty Images Asia-Pacific markets were set to open mixed Tuesday, a day after Chinese President Xi Jinping signaled support to the country’s private sector and urged businesses to “show their “talents.” Australia’s S&P/ASX 200 was down 0.43%, ahead of the Reserve Bank […]
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CNBC Daily Open: Elon Musk’s money can’t buy OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington, DC, US, on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, […]
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