World Markets
The palace, the protests and the red carpet: How OPEC’s seminar played out
The Hofburg palace receives attendees to the July 9-10 OPEC Seminar conference in Vienna. Ruxandra Iordache | CNBC For centuries, Vienna’s romantic Hofburg palace served as a winter residence of the imperial Habsburg dynasty — this week, though, it welcomed Saudi royalty, energy ministers, top CEOs and a slew of analysts traders and more. Here are some highlights: The […]
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CNBC Daily Open: Building renovations might be another front in Trump’s attacks on Powell
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. […]
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CNBC Daily Open: AI is drawing investors’ attention away from fresh tariffs
Cranes unload the cargo of Panamanian flagged bulk carrier Star Taishan at the Port of Rio Grande, southern Brazil, on May 6, 2025. Silvio Avila | AFP | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin […]
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CNBC Daily Open: More tariff letters are out, but investors have their eyes on AI
Aerial photo taken on April 3, 2025 shows a view of a port in Rio de Janeiro, Brazil. Wang Tiancong | Xinhua News Agency | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. […]
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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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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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CNBC Daily Open: To bet on a meteor strike, or tariff-driven inflation?
Shipping containers are stacked on the Ever Magic container ship operated by Evergreen at the Port of Los Angeles on June 25, 2025 in Los Angeles, California. Mario Tama | Getty Images U.S. President Donald Trump announced Tuesday that copper and pharmaceutical imports will face tariffs of 50% and as high as 200%, respectively. Following […]
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Asia-Pacific markets trade mixed after Trump rules out tariff deadline extension
Copper falls on Trump’s impending 50% tariffs Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images Copper prices slipped on Wednesday after U.S. President Donald Trump announced a 50% tariff on exports of the metal to the U.S. The three-month […]
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Global stock markets are calling Trump’s bluff on tariffs
WASHINGTON, DC – JULY 7: An aide picks up a page from a letter to Japan and South Korea, signed by U.S. President Donald Trump, announcing 25% tariffs beginning on August 1st, during the daily press briefing in the Brady Press Briefing Room at the White House on July 7, 2025 in Washington, DC. Andrew […]
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CNBC Daily Open: Tariff letters from Trump, like those of lovers, seem to signify little
U.S. President Donald Trump and First Lady Melania Trump on the South Lawn of the White House on July 4, 2025, in Washington, DC. U.S. Eric Lee | Getty Images News | Getty Images Paramours wanting to court each other have, through the decades, moved on from love letters to Instagram DMs. But some form […]
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