Economy
U.S.-China high-stakes truce extension hangs in the balance as deadline looms
A man walks past China’s and USA’s flags before a meeting between US Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou, on April 5, 2024. Pedro Pardo | Afp | Getty Images The U.S. and China have yet to announce […]
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SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. […]
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‘Loud luxury’ is back as high-end brands look to rebound
A guest wears red knitted Gucci x Adidas sweater, outside Bluemarble, during the Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 26, 2025 in Paris, France. Claudio Lavenia | Getty Images “Loud luxury” is poised for a comeback as ailing fashion houses attempt to inject a sense of newness and novelty […]
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Trump to speak at White House on violent crime in D.C. amid federal crackdown
U.S. President Donald Trump speaks to the media as he departs the White House on August 1, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Saturday that he will hold a press availability at the White House next week to address violent crime in Washington, D.C., days after the White […]
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How one real estate startup is taking on record heat this summer
Runwise co-founders (L-R) Jeff Carleton, Lee Hoffman and Mike Cook. Courtesy of Runwise 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 […]
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From lipsticks and Labubu dolls to concerts, the ‘treatonomics’ trend is booming in uncertain times
Kate Green | Getty Images Entertainment | Getty Images “Treatonomics” — a consumer trend that covers spending on ‘everyday luxuries’ to larger, life-affirming experiences — is booming as people look for a mood boost in ongoing unsettling economic times. Spending on small-item ‘pick-me-ups’ is a well-established recession-resistant trend, with consumers often turning to purchases of […]
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Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more
Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]
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Trump warns courts against knocking down tariffs, says duties are ‘huge positive’ for stock market
U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its “positive impact” on the stock […]
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Stocks making the biggest moves premarket: Under Armour, Expedia, Trade Desk, MP Materials and more
Check out the companies making headlines before the bell: Under Armour — The retail stock tumbled 21% after American sportswear company posted first-quarter results that missed estimates. Under Armour reported adjusted earnings of 2 cents per share, lower than the FactSet consensus estimate of 3 cents. Revenue of $1.10 billion came in below the $1.13 […]
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Trump’s Russia deadline comes around with tariffs at stake
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump’s deadline for Russia to cease its war in Ukraine expires on Friday, as markets watch whether the White House […]
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