China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two…
Category: News – CNBC
Recession is coming before end of 2025, generally ‘pessimistic’ corporate CFOs say: CNBC survey
The US economy will enter a recession in 2025, with Trump's tariffs leading top corporate CFOs to 'pessimism' and less…
Trump Media shares jump on announcement of ETF deal with Crypto.com
President Trump's media company announced an agreement with Crypto.com on Monday to launch ETFs and related products. ...
Trump pledges auto, pharma tariffs in ‘near future,’ sowing more trade confusion
President Donald Trump has praised tariffs and announced an array of import duties on specific countries and products since taking…
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto
Binance, the once embattled cryptocurrency exchange, is now navigating a dramatically friendlier political landscape under President Donald Trump. ...
A ‘very rare trend’ is taking place in the fixed-income market, led by a booming trade in AI data center bonds
Bonds issued to fund AI data centers are one example of where investors are placing bets as stocks decline, but…
Why Trump’s economic policies may have canceled the DOGE dividend check, at least for now
The market is wobbling and inflation will be back if Trump follows through on tariffs threats on April 2. Would…
Crypto’s long battle with SEC comes to a close with Ripple victory
Ripple said this week that the SEC had officially dropped its four-year-old lawsuit against the company, ending a long battle…
Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008
Microsoft faces competition in cloud computing from companies such as Google, which is looking to boost its security business with…
Trump says ‘there’ll be flexibility’ on reciprocal tariffs
President Donald Trump has issued a flurry of tariff announcements since retaking the White House, fanning investor uncertainty and fears…
Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
Nike is trying to execute a turnaround under new CEO Elliott Hill. ...