GBP/USD 1.358 EUR/GBP 0.863 GBP/JPY 198.610 EUR/USD 1.171 GBP/AUD 2.070 USD/JPY 146.273 USD/CAD 1.368 AUD/USD 0.656 CAD/JPY 106.935 EUR/CAD 1.602 GBP/CAD 1.857 AUD/CAD 0.897 AUD/JPY 95.945 AUD/NZD 1.090 EUR/AUD 1.786 GBP/USD 1.358 EUR/GBP 0.863 GBP/JPY 198.610 EUR/USD 1.171 GBP/AUD 2.070 USD/JPY 146.273 USD/CAD 1.368 AUD/USD 0.656 CAD/JPY 106.935 EUR/CAD 1.602 GBP/CAD 1.857 AUD/CAD 0.897 AUD/JPY 95.945 AUD/NZD 1.090 EUR/AUD 1.786
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CNBC Business • Jun 20, 2025

In race to attract data centers, states forfeit hundreds of millions of dollars in tax revenue to te...

Several states offer substantial tax breaks to major technology firms for data center development, resulting in significant reductions in public revenue to encourage investment in...

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CNBC Business • Jun 20, 2025

Starlink rival Eutelsat pops 22% as France backs $1.55 billion capital raise

Eutelsat’s stock surged following France’s decision to support a substantial capital increase, enhancing the company’s financial foundation and potentially boosting its competitive...

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CNBC Business • Jun 20, 2025

The Fed held interest rates steady, but some credit card APRs keep going up. Here's why

Despite the Federal Reserve maintaining its benchmark rates, rising credit card interest rates continue to impact consumer borrowing costs and overall financial obligations.

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CNBC Business • Jun 20, 2025

Labubu-maker's shares slump as Chinese state media calls for stricter regulation, Morgan Stanley tri...

Pop Mart experienced a notable decline in its stock value following comments from Chinese state media advocating tighter industry oversight and Morgan Stanley’s decision to lower i...

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CNBC Business • Jun 20, 2025

Investing in Space: Iron Dome's performance could be Golden Dome's opportunity

The success of the Iron Dome system highlights potential returns and strategic value for investments in emerging defense technologies like the Golden Dome project.

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CNBC Business • Jun 20, 2025

China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries

The central bank’s decision to maintain current borrowing costs reflects cautious optimism about economic stability amid improving trade relations and ongoing efforts to support su...

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CNBC Business • Jun 19, 2025

Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEO

Meta's efforts to strengthen its AI capabilities include recruiting key leaders from a major AI company valued at $32 billion after acquisition attempts did not materialize.

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CNBC Business • Jun 19, 2025

Japan's core inflation hits highest level since January 2023, putting pressure on BOJ to raise rates

The increase in Japan's underlying inflation, surpassing economist predictions, may influence the Bank of Japan's decision-making regarding adjustments to interest rates amid chang...

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CNBC Business • Jun 19, 2025

Higher risk, lower growth, less investment: UN trade arm issues downbeat global economic outlook

The UN trade agency's latest report highlights increased uncertainties and reduced economic expansion, which together contribute to a decline in global investment activities.

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CNBC Business • Jun 19, 2025

Trump rips into 'too late' Jerome Powell after Fed holds rates steady

The decision by the Federal Reserve to maintain current interest rates has drawn criticism from President Donald Trump, who believes adjustments are necessary to support economic g...

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CNBC Business • Jun 19, 2025

Airbus orders dominate Paris Air Show as Boeing takes backseat — again

The European manufacturer secured numerous contracts at the Paris Air Show, highlighting its market strength despite the event being affected by a recent tragic accident and ongoin...

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CNBC Business • Jun 19, 2025

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

The increase in crude oil costs reflects market concerns over escalating tensions in the Middle East, which could potentially disrupt global supply chains and impact energy-related...

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CNBC Business • Jun 19, 2025

How retail credit cards could bankrupt consumers with record high interest rates

Rising interest rates on retail credit cards are increasing the financial burden, contributing significantly to the growing share of consumer bankruptcies linked to credit card deb...

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CNBC Business • Jun 19, 2025

The U.S. added a thousand new millionaires a day in 2024: Report

In 2024, the U.S. experienced a substantial increase in affluent individuals, contributing to the highest number of millionaires worldwide at nearly 24 million, reflecting ongoing...

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CNBC Business • Jun 18, 2025

FDA approves Gilead's twice-yearly HIV prevention injection, offering a powerful and convenient new...

The approval of Gilead’s biannual HIV prevention injection presents a significant development in treatment options, though its impact may be influenced by possible reductions in go...

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CNBC Business • Jun 18, 2025

The secret AI sauce behind Meta stock's 683% rise since the dark days of 2022

Meta's substantial stock increase since 2022 highlights the company's strategic investments and advancements in artificial intelligence, which have played a crucial role in enhanci...

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CNBC Business • Jun 18, 2025

Fed holds key rate steady, still sees two more cuts this year

The Federal Reserve’s decision to maintain the current interest rate suggests a cautious approach, while signaling potential reductions later in the year that could influence borro...

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CNBC Business • Jun 18, 2025

3 student loan changes in Republican bill: Getting out of debt would be 'extremely hard,' advocate s...

The proposed legislation by Republican lawmakers aims to remove existing repayment options, potentially extending the duration borrowers remain financially responsible for their st...

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CNBC Business • Jun 18, 2025

Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and mor...

The Federal Reserve's choice to maintain current rates affects borrowing costs across various loans and influences the interest earned on many savings products.

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CNBC Business • Jun 18, 2025

Scale AI not 'winding down' following Meta deal, interim CEO tells employees and customers

Despite Meta’s $14.3 billion investment, Scale AI’s interim CEO assured stakeholders that the company remains operational and focused on growth rather than reducing its activities...

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CNBC Business • Jun 18, 2025

DOJ seizes record $225 million in crypto tied to global 'pig butchering' scams

The Department of Justice recovered a substantial amount of cryptocurrency connected to international investment fraud, highlighting the growing impact of digital asset crimes and...

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CNBC Business • Jun 18, 2025

Oil prices lower after Trump says Iran wants to negotiate

The prospect of diplomatic talks between the United States and Iran prompted a decline in energy costs, reflecting market reactions to potential easing of geopolitical tensions aff...

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CNBC Business • Jun 18, 2025

Shares of Coinbase, Circle surge after stablecoin bill passes Senate

The approval of the GENIUS Act by the Senate led to notable gains for Coinbase and Circle, reflecting investor optimism about the regulatory clarity for U.S. dollar-pegged stableco...

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CNBC Business • Jun 18, 2025

Senate GOP tax bill gives break on car loan interest — but not all vehicles qualify

The proposed legislation aims to provide a financial benefit by allowing deductions on auto loan interest, although its applicability may be limited depending on the type or condit...

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CNBC Business • Jun 18, 2025

Amazon's Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

The expansion of Zoox’s manufacturing capabilities is expected to enhance its market presence and generate substantial revenue as the company increases output towards full producti...

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CNBC Business • Jun 18, 2025

Pro-Israel hackers destroy $90 million in Iran crypto exchange breach, analytics firm says

A recent cyberattack on Iran’s leading cryptocurrency platform resulted in substantial financial losses, with analysts indicating the breach involved close to $90 million and may h...

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CNBC Business • Jun 18, 2025

Amazon CEO: Jeff Bezos once called out a big mistake I made in a presentation—how I won him back ove...

The interaction between Andy Jassy and Jeff Bezos over a presentation error ultimately strengthened Jassy’s leadership confidence, highlighting the importance of learning from chal...

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CNBC Business • Jun 18, 2025

Klarna CEO wants to turn the platform into a 'super app' with help from AI

Klarna's leadership aims to leverage artificial intelligence to expand its services into a multifunctional application, which could influence its future financial growth despite de...

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CNBC Business • Jun 18, 2025

Oil analysts left scratching their heads over Isreal-Iran conflict: 'Your guess is as good as mine'

The ongoing Israel-Iran tensions have introduced considerable uncertainty in global energy markets, potentially affecting supply stability and causing fluctuations in oil prices th...

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CNBC Business • Jun 18, 2025

'Tariff engineering' is making a comeback as businesses employ creative ways to skirt higher duties

Many companies are adjusting their product designs strategically to reduce import taxes, utilizing legal methods that help minimize expenses associated with international trade tar...

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