Ursula von der Leyen
European deregulation push creates ‘moment of opportunity’ to boost growth
Spurring European deregulation and economic growth was a powerful theme that emerged as an answer to challenges raised by the U.S. tariff campaign and questions about American “exceptionalism” at the International Monetary Fund’s annual spring meeting in Washington last week. European officials pointed to the idea of regulatory “simplification” as a way to boost business after […]
Read More
German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution
The trust between Europe and the U.S. is not yet broken despite President Donald Trump’s aggressive tariff policies, Joerg Kukies, acting German finance minister, told CNBC Thursday. “For trust to be broken, a lot more would have to happen because the transatlantic partnership has been built over so many decades that we will not get […]
Read More
‘A man of the people’: World leaders react to the death of Pope Francis
Pope Francis greets people as he attends the weekly general audience in St. Peter’s square at the Vatican, March 8, 2023. Guglielmo Mangiapane | Reuters Tributes and condolences poured in from around the world following news of the death of Pope Francis, who passed away on Monday at the age of 88. Francis, who was […]
Read More
European stocks rise slightly at the open as tariff-triggered volatility persists
European stock markets opened slightly higher in early trade on Friday as a volatile week for shares nears its end and concerns about a trade war between the U.S. and China persist. The pan-European Stoxx 600 opened up 0.4%, with the U.K.’s FTSE 100 inching up by 0.5%, while Germany’s Dax and France’s CAC 40 […]
Read More
CNBC Daily Open: The rally in stocks fizzles out — March’s cool inflation has little impact
Traders work on the floor of the New York Stock Exchange on April 10, 2025 in New York City. Spencer Platt | Getty Images Remember when inflation readings were the headline news of the day, and were as feverishly anticipated by investors as Nvidia earnings reports? CNBC Daily Open remembers. If Thursday’s consumer price index […]
Read More
Trump’s tariffs launch a global trade war with no clear off-ramp: Live updates
Dimon: Recession is ‘a likely outcome’ of tariffs Jamie Dimon, CEO of JP Morgan Chase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC JPMorgan Chase CEO Jamie Dimon says that a recession in the U.S. is a “likely outcome” as a result […]
Read More
Trump tariffs push major U.S. trade partners closer to China: Live updates
Citadel’s Ken Griffin: Trump tariffs are a ‘huge policy mistake’ Ken Griffin, Founder and CEO, Citadel speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Founder and CEO of Citadel Ken Griffin is taking aim at Trump’s tariffs, calling […]
Read More
Europe stocks head for further declines after worst session in eight months as tariff turmoil continues
European stock markets were heading for a lower open on Friday, with investors still reeling from the scale of U.S. tariffs announced this week. The regional Stoxx 600 index closed 2.57% lower on Thursday, as the world digested the steep duties slapped by U.S. President Donald Trump on more than 180 countries, bringing fears of […]
Read More
European markets retreat on U.S. tariff news; trade bellwether Maersk down 8%: Live updates
Europe stocks open lower Europe’s Stoxx 600 index was 1.6% lower shortly after the market open early on Thursday, as traders assessed the scope and impact of U.S. tariffs. Banks on the index were down 3.2% at 8:10 a.m. U.K. time, while technology stocks fell 2.6%. A range of European firms expected to be hit […]
Read More
Trump threatens ‘far larger’ tariffs if EU and Canada unite to do ‘economic harm’ to the U.S.
U.S. President Donald Trump speaks to the media in the Oval Office at the White House in Washington, D.C., U.S., March 26, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump threatened to impose “far larger” tariffs on the European Union (EU) and Canada if they work together to combat trade tariffs. “If the European […]
Read More