United States
‘Hard to ignore’: 3 stocks to play the undervalued UK market, according to an asset manager
The opportunities on offer in the U.K. stock market — long stereotyped as unloved, unexciting and full of “old economy” firms like mining and oil majors — are “becoming hard to ignore,” portfolio managers at Ninety One say. London firms have broadly been undervalued for more than a decade, worsened by the vote to leave […]
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Stock futures are little changed after S&P 500 posts first winning session in three: Live updates
Traders work on the floor of the New York Stock Exchange on July 08, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week’s tariff-fueled slide. S&P 500 futures traded just above the flatline, […]
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Bishop of major Catholic diocese exempts parishioners from Mass over fears of ICE raids
Reverend Alberto Rojas, Bishop of the Diocese of San Bernardino Ordaining Prelate and Principal Celebrant, leads the Ordination to the Priesthood mass at St. Paul the Apostle Catholic Church in Chino Hills on Saturday, May 20, 2023. Will Lester | Medianews Group | Getty Images A Catholic bishop in California has issued a rare decree […]
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Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit
U.S. President Donald Trump answers questions during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil’s imports, partly in retaliation for the ongoing prosecution […]
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Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company. […]
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Trump signals more tariff letters coming Wednesday
President Donald Trump, accompanied by U.S. Secretary of State Marco Rubio (L) and U.S. Defense Secretary Pete Hegseth (R), discusses his decorating of the Cabinet Room during a cabinet meeting at the White House on July 08, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump signaled he would send more letters […]
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Copper now costs way more in the U.S. than elsewhere. This could hit its economy hard
Close up of electrical engineer inspecting copper windings in an electrical engineering factory. Monty Rakusen | Digitalvision | Getty Images The cost of copper for U.S. buyers has rocketed after President Donald Trump said he would impose a 50% tariff on imports of the metal. It means that already elevated prices are now even higher […]
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European Union in limbo as Washington keeps it waiting on a trade agreement
The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached. The goal had been to agree on a framework by July 9, when a temporary reprieve from U.S. President Donald Trump’s “reciprocal” tariffs was initially meant to expire. The EU was seemingly still […]
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Trump’s tariffs on cars, copper, drugs, aluminum could hit harder than other levies
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters As President Donald Trump’s tariffs against more than a dozen countries spark fresh concerns about looming country-specific trade measures, often overlooked are the levies on specific products and commodities that […]
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CNBC Daily Open: Wishing upon a meteor that tariffs won’t cause inflation
Containers sit at the Port of Los Angeles, in San Pedro, California, U.S., July 8, 2025. Daniel Cole | Reuters U.S. President Donald Trump announced Tuesday that copper and pharmaceutical imports will face tariffs of 50% and as high as 200%, respectively. Following the news, the S&P 500, which hit multiple record closes last week, […]
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