United States
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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Family office deal-making has fallen this year as investors wait for clarity
Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have […]
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Private credit giants turn to Asia as funding gap widens in region
The private credit industry is ramping up its focus on Asia-Pacific, drawn by a combination of evolving capital markets and expanding funding gaps as traditional bank lending pulls back. The region is also fast emerging as a focal point for private credit investors seeking fresh opportunities outside of the more saturated markets of the U.S. […]
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Trump’s aluminum tariffs may be sparking a green recycling boom — unintentionally
Key Points President Donald Trump’s tariffs on aluminum imports are spurring growth in recycling as consumers try to avoid additional costs from duties. Recycling the metal consumes just 5% of the energy it takes to produce the same amount of primary aluminum through a smelter, making it more environmentally friendly. The strong dynamic could change […]
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CNBC Daily Open: Alphabet spends more on AI — but also earns more from it
Google CEO Sundar Pichai addresses the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Investors can have a reputation of being penny pinchers. For one, they tend to push up share prices on layoff announcements because of the associated cost savings. […]
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No ‘woke AI’ in Washington, Trump says as he launches American AI action plan
U.S. President Donald Trump holds an executive order related to AI after signing it during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters U.S. President Donald Trump has vowed to keep “woke AI” models out of Washington and to turn the country into an “AI export […]
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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
Bottles from the Spanish cooking and extra virgin olive oil brand Carbonell are seen displayed for sale at a supermarket. Sopa Images | Lightrocket | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says U.S. President Donald Trump’s threat to impose 30% tariffs on imports from the European Union could translate into higher […]
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CNBC Daily Open: Investors loosen their purse strings for Alphabet’s increased spending
An Android character is displayed in front of a building on the Google headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Images Investors can have a reputation of being penny pinchers. For one, they tend to push up share prices on layoff announcements because of the associated cost savings. […]
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Asia-Pacific markets set to open mostly higher as trade deal developments fuel sentiment
South Korea avoids technical recession as GDP expands 0.6% in second quarter South Korea avoided a technical recession as its economy expanded by 0.6% from the previous quarter, beating expectations, according to advance estimates. This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in […]
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S&P 500 futures are little changed after Alphabet, Tesla post earnings: Live updates
Traders work on the floor of the New York Stock Exchange on July 23, 2025. NYSE S&P 500 futures were little changed on Wednesday night after the benchmark notched another record close, fueled by hopes for progress on trade deals. Futures tied to the index climbed 0.1%, while Nasdaq 100 futures were about 0.4% higher. […]
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