United States
Asia-Pacific markets mostly lower after Trump shifts goalposts on tariffs again
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets traded mostly lower on Monday after U.S. President Donald Trump confirmed that tariffs, first announced in April, will take effect on August 1 for countries that haven’t […]
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Economist Nouriel Roubini sees a ‘mini stagflationary shock’ coming in the second half of 2025
An economist and investor nicknamed “Dr. Doom” sees a rough patch ahead for the U.S. economy, but isn’t advocating any panicked selling. Nouriel Roubini told CNBC that he expects the core personal consumption expenditures index — the Federal Reserve’s preferred inflation metric — to reach about 3.5% by the end of the year, and economic […]
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Trade deadlines and oil drama set the stage for a crunch week in global markets
Flags of the European Union and the United States. Sean Gallup | Getty Images News | Getty Images CNBC’s assignment desk has a conundrum this week: how to approach July, 9. Why does this specific date matter? It’s the deadline for trade negotiations between the U.S. and European Union before the tariffs axe (maybe) falls […]
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Trump says tariff letters to 12 countries signed, going out Monday
U.S. President Donald Trump gestures, as he speaks from a balcony, on the day he is expected to sign a sweeping spending and tax legislation, known as the “One Big Beautiful Bill Act,” at the White House in Washington, D.C., U.S., July 4, 2025. Ken Cedeno | Reuters U.S. President Donald Trump said he had […]
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Some international LGBTQ+ travelers pull back on U.S. trips: ‘Why would I go there?’
Participants march in the Reclaim Pride Coalition’s seventh annual Queer Liberation March in New York, June 29, 2025. Erik McGregor | Lightrocket | Getty Images Canadian citizen Robert Sharp was planning to visit Provincetown, Massachusetts — one of the most LGBTQ+-friendly places in America — for his friend’s milestone birthday in July. But against a […]
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A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path
British Prime Minister Keir Starmer and his wife Victoria Starmer react as they greet Labour campaigners and activists at Number 10 Downing Street, following the results of the election, in London, Britain, July 5, 2024. Toby Melville | Reuters It’s been one year since Labour returned to power in a landslide victory that appeared to show […]
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Trump’s Vietnam pact takes aim at China — but it raises more questions than answers
Thai Son S.P. Co. garment factory in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images U.S. President Donald Trump announced a trade pact with Vietnam on Wednesday, but its scant details have left economists wondering about what it would mean for the flow of Chinese goods […]
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Wall Street is cautious on European stocks as trade tariff risks loom
European stock markets have been on a tear in 2025, with the Stoxx Europe 600 index climbing roughly 7% in the year to date and investors rotating into the region to seek refuge from the political and valuation anxieties of the U.S. markets. But some analysts warn that this rally is built on a fragile […]
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US lets GE restart jet engine shipments to China’s COMAC, source says: Reuters
The U.S. told GE Aerospace on Thursday that it can restart jet engine shipments to China’s COMAC, in a further sign of de-escalating U.S.-Sino trade tensions. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The U.S. told GE Aerospace Thursday that it can restart jet engine shipments to China’s COMAC, according to a person familiar with the matter, in […]
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CNBC Daily Open: Rely on the official U.S. jobs report, but consider what ADP is saying
A hiring sign on a Taco Bell window on June 25, 2025 in Austin, Texas, U.S. Brandon Bell | Getty Images News | Getty Images There’s a scene in the cinematic masterpiece Mean Girls in which a character writes in big bloody script: “DO NOT TRUST HER.” Apologies in advance to the good folks at […]
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