United States
New bill in Congress would reward companies that give stock to rank-and-file employees
A bipartisan bill introduced in Congress this week would create a new tax incentive for public companies to distribute stock to their rank-and-file employees. The new SHARE Act would give a 3 percentage point discount on the corporate tax rate to large companies that distribute at least 5% of their stock to the lowest paid […]
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Europe’s companies sound alarm over tariff hits amid scramble to strike U.S. trade deal
European officials are working to secure a trade deal with the Trump administration, as regional companies sound the alarm over financial hits even before reciprocal tariffs have come into play. Earlier this month , U.S. President Donald Trump said he would slap a 30% tariff on all goods imported to America from the European Union, […]
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Trump’s Scotland visit opens door for UK to settle some unfinished business
A bagpipe player wears traditional dress next to Donald Trump as he arrived at his Trump Turnberry Resort on June 24, 2016 in Ayr, Scotland. Getty Images As U.S. President Donald Trump visits Scotland this week, the U.K. will be looking to further cement warm ties with the White House leader and to complete some important […]
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CNBC Daily Open: Triple whammy for Tesla
Tesla’s going through a bumpy ride. The electric vehicle company on Wednesday reported a second consecutive quarter of declining auto sales. In Europe, Tesla’s market share fell for the sixth straight month to 2.8% in June from 3.4% a year ago. The Trump administration’s plans to reportedly roll back the U.S.’ push for cleaner vehicles […]
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India expects ‘preferential’ tariffs in a trade deal with U.S., says India’s commerce minister
India expects to secure “preferential” tariffs from the United States that are better than those achieved by its economic rivals, according to India’s Commerce and Industry Minister Piyush Goyal. Goyal, who led the negotiations on the U.K.-India trade agreement, signaled a confident approach from New Delhi in ongoing trade talks with Washington. “India will get […]
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CNBC Daily Open: Tesla’s bad things come in threes
A Tesla vehicle is parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Tesla’s going through a bumpy ride. The electric vehicle company on Wednesday reported a second consecutive quarter of declining auto sales. In Europe, Tesla’s market share fell for the sixth straight month to 2.8% […]
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Stock futures are little changed after S&P 500, Nasdaq score another record close: Live updates
A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 24, 2025. Brendan Mcdermid | Reuters Stock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high. S&P 500 futures traded up 0.1%, along with Nasdaq 100 futures. Futures […]
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Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan
Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump’s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and […]
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McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants
Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing […]
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European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge
The President of the European Central Bank Christine Lagarde at the 2025 European Central Bank Forum on Central Banking on June 30, 2025 in Sintra, Portugal. Horacio Villalobos | Corbis News | Getty Images The European Central Bank on Thursday kept interest rates steady amid major economic uncertainty, as the European Union scrambles to negotiate […]
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