GBP/USD 1.328 EUR/GBP 0.840 GBP/JPY 193.460 EUR/USD 1.116 GBP/AUD 2.070 USD/JPY 145.645 USD/CAD 1.397 AUD/USD 0.642 CAD/JPY 104.252 EUR/CAD 1.559 GBP/CAD 1.856 AUD/CAD 0.896 AUD/JPY 93.460 AUD/NZD 1.091 EUR/AUD 1.739 GBP/USD 1.328 EUR/GBP 0.840 GBP/JPY 193.460 EUR/USD 1.116 GBP/AUD 2.070 USD/JPY 145.645 USD/CAD 1.397 AUD/USD 0.642 CAD/JPY 104.252 EUR/CAD 1.559 GBP/CAD 1.856 AUD/CAD 0.896 AUD/JPY 93.460 AUD/NZD 1.091 EUR/AUD 1.739
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CNBC Business • May 16, 2025

Tesla limits investors' ability to sue over breach of fiduciary duties

Tesla’s recent amendment to its corporate bylaws restricts shareholders’ options to initiate legal actions related to management responsibilities, potentially affecting how investo...

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CNBC Business • May 16, 2025

Cramer's week ahead: Jensen Huang keynote and retail earnings

Next week’s market activity could be influenced by Jensen Huang’s keynote speech and various retail companies releasing their earnings reports, potentially impacting investor decis...

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CNBC Business • May 16, 2025

Nvidia, Cisco, Oracle and OpenAI are backing the UAE Stargate data center project

Major technology companies are investing in the UAE Stargate data center initiative, highlighting significant global interest in the region's digital infrastructure development and...

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CNBC Business • May 16, 2025

SEC bitcoin hack case gets Alabama man sentenced to 14 months in prison

The conviction and sentencing highlight the legal and financial risks associated with cybersecurity breaches involving high-profile financial institutions and their impact on regul...

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CNBC Business • May 16, 2025

Nvidia and Tesla ripped higher this week, boosted by Trump's Middle East tour

The recent improvement in U.S.-China relations and the removal of certain export restrictions contributed to significant gains in tech stocks, positively impacting market valuation...

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CNBC Business • May 16, 2025

Tech IPO market is finally showing signs of life

Following a prolonged slowdown, the technology sector began to experience renewed investor interest and capital inflows earlier this year prior to the impact of recent tariff polic...

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CNBC Business • May 16, 2025

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

The planned workforce reduction at the U.S. central bank may lead to significant cost savings and impact operational capacity as the institution eliminates over two thousand positi...

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CNBC Business • May 16, 2025

Tesla adds longtime Chipotle executive Jack Hartung to board of directors

Tesla’s appointment of experienced executive Jack Hartung to its board and audit committee may enhance financial oversight and strategic decision-making, potentially impacting the...

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CNBC Business • May 16, 2025

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

The agreement could help Boeing reduce potential legal costs and financial liabilities associated with the 737 Max crashes while avoiding a formal prosecution that might impact its...

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CNBC Business • May 16, 2025

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

Nvidia clarified that despite establishing a facility in Shanghai, it is not transferring its GPU design technology to China due to ongoing limitations imposed by recent U.S. trade...

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CNBC Business • May 16, 2025

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake

CoreWeave's recent surge in stock value reflects increased investor confidence driven by expanding AI industry opportunities and its substantial investment in Nvidia, marking a not...

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CNBC Business • May 16, 2025

These 8 portfolio stocks turned green in 2025, like the S&P 500. Their journeys in 2 charts

Eight investments in the portfolio showed positive returns in 2025, mirroring the broader market trend, with some recovering beyond their declines experienced since early April, as...

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CNBC Business • May 16, 2025

Novogratz's Galaxy Digital opens trading on the Nasdaq at $23.50 per share

Galaxy Digital's debut on the Nasdaq, marked by an initial price of $23.50 per share, represents a milestone in the company's efforts to expand its presence in the competitive U.S....

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CNBC Business • May 16, 2025

Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs

Rising inflation forecasts have contributed to decreased consumer confidence, signaling potential challenges for spending and economic growth in the coming months.

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CNBC Business • May 16, 2025

The 'pause' in the China trade war is still feeding uncertainty, delays and high prices

Although tariffs have been temporarily halted, ongoing complications continue to contribute to market instability, increased costs, and logistical disruptions affecting internation...

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CNBC Business • May 16, 2025

Mike Novogratz describes 'unfair, infuriating' path to Galaxy Digital's Nasdaq listing

Galaxy Digital’s upcoming Nasdaq debut represents a major financial achievement for Mike Novogratz, reflecting the challenges overcome to secure a prominent position within the com...

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CNBC Business • May 16, 2025

College majors with the best and worst job prospects — art history beats finance

The choice of college major can greatly influence employment opportunities and long-term income, affecting financial stability and career growth in various industries.

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CNBC Business • May 16, 2025

How much would a 100% 'Made in the USA' vehicle cost? It's complicated

Producing a vehicle entirely in the United States with domestic components involves complex supply chains and increased expenses, which significantly impact the final price consume...

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CNBC Business • May 16, 2025

Mark Cuban launches $750 million sports-focused private equity fund

Mark Cuban has initiated a substantial private equity fund aimed at investing in minority ownership positions within professional sports teams across various American leagues, high...

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CNBC Business • May 16, 2025

How to trade gold and bitcoin after the big stock market rebound

Following the recent stock market recovery, investors might consider adjusting their portfolios as gold shows potential for significant gains while bitcoin’s increased volatility s...

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CNBC Business • May 16, 2025

China tariff 'stacking' pushes true cost of import taxes well above 30% on many consumer products

The combined impact of multiple trade levies on goods from China results in import expenses exceeding 30%, affecting the overall financial burden for many businesses despite recent...

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CNBC Business • May 16, 2025

Novo Nordisk CEO to step down as Wegovy maker faces growing competition

The departure of Novo Nordisk’s CEO may impact investor confidence and market dynamics as the company navigates increasing rivalry in the weight management drug sector.

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CNBC Business • May 16, 2025

College grads face a 'tough and competitive' job market this year, expert says

Graduates in 2025 may encounter financial challenges due to reduced government spending and trade policy unpredictability, impacting job availability and requiring strategic career...

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CNBC Business • May 16, 2025

What fresh signs of life in the IPO market mean for Goldman Sachs

The recent activities of Chime’s IPO filing and eToro’s market debut indicate growing investor interest, potentially impacting Goldman Sachs' involvement and revenue opportunities...

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CNBC Business • May 16, 2025

How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits

The proposed legislation offers seniors a $4,000 deduction that could impact their overall tax liability, potentially altering the financial benefits currently associated with Soci...

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CNBC Business • May 16, 2025

Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown

Richemont experienced a notable increase in stock value following quarterly sales that exceeded forecasts, driven by strong demand from affluent consumers despite broader market ch...

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CNBC Business • May 16, 2025

U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says

The planned agreement between the U.S. and UAE to enable Emirates' acquisition of advanced American AI chips could influence market dynamics and strengthen technological trade rela...

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CNBC Business • May 16, 2025

China calls U.S. trade talks 'good' but quiet on next steps, as Trump hints at Xi call

Ongoing trade discussions between the two countries hold considerable economic implications, as potential high-level communication could influence market stability and future tarif...

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CNBC Business • May 16, 2025

Japan assets saw record inflows in April as investors fled U.S. markets — their promise still holds

In April, Japan experienced unprecedented foreign investment in its equities and bonds, indicating strong interest despite debates over whether this trend will continue in the comi...

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CNBC Business • May 16, 2025

Japan’s economy contracts for first time in a year as exports fall, shrinking by a more than expecte...

Japan experienced a larger-than-anticipated economic decline in the first quarter, with decreased exports contributing to a 0.7% annualized reduction in GDP, signaling potential ch...

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