News from CNBC Business
What is your interest today?
Jim Cramer: Disney shares 'can go much higher' after record box office weekend
The recent surge in Disney’s box office results has enhanced investor optimism, suggesting the company’s market valuation may increase significantly in the near future.
Read Full Article →NPR sues Trump over executive order cutting federal funding
The lawsuit highlights potential financial challenges for the broadcaster due to the executive order that aims to eliminate its federal funding, which could impact its operational...
Read Full Article →Movie theater stocks soar after record-breaking Memorial Day box office
The substantial increase in ticket sales during the recent holiday weekend has positively impacted the financial performance of cinema-related equities, reflecting heightened consu...
Read Full Article →DJT shares fall 10% as Trump Media says it's raising $2.5 billion to buy bitcoin
Trump Media's plan to secure $2.5 billion reflects a strategic move to invest heavily in cryptocurrency amid rising bitcoin values and key industry events this year.
Read Full Article →Block's bitcoin checkout goes live in Vegas, a significant step in making it 'everyday money'
Block's new bitcoin payment system, launched in Las Vegas, enables customers to use cryptocurrency for everyday purchases, marking an important development in integrating digital c...
Read Full Article →Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal
Progress in discussions between the United States and the European Union has raised expectations among investors, potentially influencing market stability and future economic colla...
Read Full Article →Consumer confidence for May was much stronger than expected on optimism for trade deals
Increased optimism about progress in U.S.-China trade negotiations contributed to a notable rise in consumer sentiment in May, signaling potential positive effects on spending and...
Read Full Article →How copycat phone maker Xiaomi became a force in China's EV market
Xiaomi's entry into the electric vehicle industry significantly boosted its revenue streams, demonstrating strong market demand and positioning the company as a competitive player...
Read Full Article →JPMorgan Chase is heading upmarket to woo America’s millionaires
JPMorgan Chase is opening specialized branches designed with unique aesthetics to attract high-net-worth clients, aiming to expand its services and revenue from affluent individual...
Read Full Article →Trump administration moves to cut rest of Harvard contracts with federal government
The Trump administration's decision to halt additional federal contracts with Harvard could redirect billions in grant funding toward vocational and trade education programs, impac...
Read Full Article →Tesla's Europe sales plunge 49% on brand damage, rising competition
Tesla's substantially decreased sales in Europe have impacted its revenue, highlighting challenges related to market perception and intensified rivalry within the electric vehicle...
Read Full Article →India's iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won't make further gr...
The substantial increase in iPhone shipments from India to the U.S. highlights growing trade value, though political tensions and regulatory challenges may limit future expansion o...
Read Full Article →Fed Chair Jerome Powell says the biggest career mistake grads can make is avoiding risks
Jerome Powell emphasized that embracing opportunities and taking calculated risks early in one’s career can lead to significant professional advancement and financial success over...
Read Full Article →Diamonds are forever? Not with tariffs in the way
Trade restrictions can increase costs and complicate distribution within the diamond sector, potentially impacting prices and market stability due to its intricate global supply ne...
Read Full Article →The ultra-rich are increasingly parking their gold in Singapore as global risks and Trump volatility...
Amid rising global economic instability and geopolitical tensions, affluent investors are diversifying their assets by transferring significant amounts of gold to secure, low-risk...
Read Full Article →China's industrial profit growth accelerates in April as Beijing's policy measures cushion tariff im...
In April, major industrial companies in China experienced a 3% increase in cumulative earnings, reflecting the effectiveness of governmental policies in mitigating external trade b...
Read Full Article →She's made $10,000 in an hour from her dumpling business—more than what she made a month in corporat...
Samantha Mui transitioned from her corporate job to offering dumpling cooking classes, generating earnings in just one hour that surpass her previous monthly corporate salary.
Read Full Article →European stocks close higher after Trump delays 50% tariffs on EU; Zealand Pharma pops 10%
European markets experienced gains following the announcement of a postponed tariff increase on imports from the European Union, which positively influenced investor confidence and...
Read Full Article →These are the 4 big things we're watching in the stock market in the week ahead
Investors are closely monitoring upcoming developments related to a leading U.S. technology company, as these events could influence market trends and impact overall financial perf...
Read Full Article →‘Buckle up, this ride’s far from over': Trump’s EU tariffs delay is no guarantee trade tensions won'...
The postponement of the planned tariffs on the European Union has introduced uncertainty, potentially affecting global markets and investor confidence as trade disputes remain unre...
Read Full Article →China's BYD sees shares plunge 8% as EV maker cuts prices
The notable increase in customer visits following BYD's recent price adjustments reflects potential shifts in consumer demand, which could impact the company's overall revenue and...
Read Full Article →Xiaomi takes aim at Tesla's bestselling car in China with its longer-range YU7
Xiaomi’s introduction of the YU7 SUV, featuring an extended driving range, positions the company to potentially increase its market share and revenue in China’s competitive electri...
Read Full Article →Businesses are finding a workaround for tariffs — and it's entirely legal
Companies are legally reducing their tariff expenses by applying a customs regulation that permits valuing imported products based on the initial transaction price rather than the...
Read Full Article →Chinese tech giants reveal how they're dealing with U.S. chip curbs to stay in the AI race
Chinese technology companies have employed strategies such as accumulating semiconductor supplies, enhancing artificial intelligence systems, and utilizing domestically produced ch...
Read Full Article →Trump delays 50% tariffs on EU to July 9
Postponing the implementation of higher import duties on European goods provides additional time for negotiations, potentially reducing trade tensions and impacting market stabilit...
Read Full Article →Sen. Ron Johnson says there are 'enough' GOP senators to stall House budget bill
The opposition from a number of Republican senators highlights the challenges in securing approval for the comprehensive budget proposal, which could impact the allocation of feder...
Read Full Article →U.S. stocks vs. European stocks — here is where Jim Cramer comes down on the debate
Investors might face varying opportunities and risks in U.S. and European markets, highlighting the importance of careful evaluation to optimize portfolio returns amid differing ec...
Read Full Article →Warren Buffett will retire as a CEO—but still plans to go into the office: 'I'm not going to sit at...
Warren Buffett's departure from his CEO role could impact Berkshire Hathaway’s leadership dynamics, yet his continued involvement may provide stability and influence on the company...
Read Full Article →Top Wall Street analysts favor these stocks for the long haul
Leading financial experts recommend these three stocks for sustained growth, highlighting their potential value and stability in investment portfolios over an extended period.
Read Full Article →How On is taking on Nike and Adidas in the sneaker race
The growing presence of the Swiss brand On in the athletic footwear industry is influencing market competition and could impact the revenue distribution among established global sp...
Read Full Article →