United States
Justice Department investigates California over trans athletes after Trump threatens funding
U.S. Attorney General Pam Bondi attends a press conference, as she unveils actions against the state of Maine, which is locked in a dispute with the Trump administration over transgender policy, at the Justice Department in Washington, D.C., U.S., April 16, 2025. Leah Millis | Reuters The Justice Department on Wednesday said that it was […]
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The U.S. now has a third of the world’s millionaires and billionaires
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The U.S. now accounts for more than a third of the world’s millionaires and billionaires, as tech companies and startups mint […]
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China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty Shares of ASML, which is seen […]
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Japan’s bond market ignites fears of outflows from U.S., carry trade unwind and market turmoil
The Bank of Japan headquarters in Tokyo, Japan, on Sept. 27, 2021. Toru Hanai | Bloomberg | Getty Images Japan’s bond market is igniting fears of capital flight from the U.S. and a carry trade unwind as long-dated yields hover near record highs. Yields resumed their move higher Wednesday as demand for 40-year government bonds […]
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The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Giuseppe Cacace | Afp | Getty Images DUBAI, United Arab Emirates — Deep in the oil-rich deserts of the Middle East, the United Arab Emirates is on […]
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CNBC’s UK Exchange newsletter: An all-too-familiar dial tone from Vodafone
A logo on the exterior of a Vodafone Group Plc store in London, UK, on Monday, May 13, 2024. Bloomberg | Bloomberg | Getty Images This report is from the first-ever edition of CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and […]
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CNBC Daily Open: Elon Musk proves returning to the office has its benefits
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Studies regarding the benefits of return-to-office mandates have been mixed. Some find that hybrid workers are as productive as on-site ones, while others conclude that in-person work cultivates mentorship and training. In some cases, however, the results of being physically in the office […]
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Asia-Pacific markets climb after Wall Street gains on EU tariff delay
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets climbed Wednesday, tracking Wall Street gains on investor optimism after U.S. President Donald Trump extended the deadline for a 50% tariff on European Union imports until July 9. Japan’s benchmark Nikkei 225 rose 1.06%, while the […]
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Stock futures are little changed as investors brace for Nvidia earnings: Live updates
Traders work on the floor of the New York Stock Exchange on May 21, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed Tuesday night, as investors awaited earnings results from Nvidia, after the Dow Jones Industrial Average snapped a four-day losing streak. Dow futures rose by 45 […]
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Trump hails ‘positive’ step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gives a speech, during the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. Nathan Howard | Reuters U.S. President Donald Trump said Tuesday he was monitoring “positive” steps in trade talks with the European Union, after he agreed to delay a 50% tariff on […]
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