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Palantir now among 10 most valuable U.S. tech companies β€” its earnings multiple is astronomical

After Palantir's stock surge, investors now have to pay over 520 times earnings to buy it.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Bitcoin jumps above $100,000 for first time since February

Bitcoin hit its highest level since February after President Donald Trump said the U.S. has reached a trade agreement with the United Kingdom.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

US and UK seal first deal of Trump’s trade war

White House and Downing Street celebrate tariff cuts but critics warn of a thin agreement that could face legal challenge

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s trade deal with Britain will worry allies and rivals alike

Sir Keir Starmer will at least be pleased to have been first

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance

Cars, cows, crops: the winners and losers from Trump’s trade deal with Britain

Experts warn pact still leaves UK facing higher tariffs on exports to the US than before president returned to office

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it

The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it's kept it on hold since December.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause

President Trump imposed "reciprocal" tariffs on nearly all other countries, but quickly paused them to allow time to negotiate trade agreements with the U.S.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

WeightWatchers blames diet drugs and social media for bankruptcy

Problems for the well-known brand began with the Coronavirus pandemic and continued as prescriptions gained favour

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Months of talks, then a late scramble: how the UK finally struck a US trade deal

Sir Keir Starmer welcomed agreement to blunt impact of Donald Trump’s tariffs

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Bulgarian spy helped Wirecard’s Marsalek plan Kabul airlift for CIA, court told

Claim dismissed by prosecution lawyers at Old Bailey sentencing hearing

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

EU to launch dispute against U.S. tariffs as it sets out 95 billion euros in countermeasures

The EU has pausedan initial set of retaliatory measures β€” a response to U.S. duties of 25% on steel and aluminum β€” to enable negotiations.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Milken mission: Trump dispatches Bessent to calm the financial elite

US Treasury secretary’s message in Beverly Hills got a mixed review from investors

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Britain’s trade deals are a starting point

Agreements with the US and India are imperfect, but better than nothing

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Bill Gates doubles giving to $200 billion, says philanthropists can't cover government cuts

The Microsoft billionaire criticized Elon Musk for his role in crucial cuts to foreign aid.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Pakistan’s bellicose army chief is playing with fire

At a time of crisis, the country is being led by a general not known for his restraint

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Britain’s trade deal with Trump may not be good news for the world

Starmer’s choice undermines multilateralism and poses risks to the UK

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Corporate share buybacks were a shock absorber in April’s sell-off

Shake it till it shrinks

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Bank of England vote split hits hopes for faster interest rate cuts

Debate highlights uncertain outlook for UK growth and β€˜plethora of risks’ facing economy

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Carvana’s profitable new look is more than just a paint job

Under-the-hood tinkering has helped online used-car platform to slash marketing costs and focus on profitability

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Experts sent in to rescue debt-laden local authority in northern England

Inspectors find Warrington council does not β€˜recognise severity of the issues it faces’

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

How John Swinney revived the SNP in Scotland

Also in this week’s newsletter, Budget restores spending on affordable housing

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says 10% is floor for tariffs; 'Some will be much higher'

President Trump said the United Kingdom treated the U.S. with "respect," suggesting other nations that didn't will see higher baseline tariffs in trade deals.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

EU threatens tariffs on US cars if talks with Washington fail

Brussels also plans to target aircraft, bourbon and wine in latest retaliation proposals

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

BoE cuts rates by a quarter point to 4.25% in three-way split decision

Monetary Policy Committee split three ways over decision

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Apple says Epic Games contempt ruling could cost 'substantial sums'

Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Mass starvation of chickens at state-backed South African farm sparks uproar

Parliament to summon government-run pension fund manager after starving birds resorted to cannibalism

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target 'may be too low'

"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal

"A U.K.-U.S. trade agreement is very welcome... But the U.K. is a very open economy," Andrew Bailey told CNBC.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

PinkPantheress: Fancy That β€” figurehead of Gen Z pop knows how to tell a story

TikTok was the singer’s launchpad but her ethos is less carefree than it seems

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Everything you need to know about Romania’s one-off presidential rerun

Far-right frontrunner faces pro-EU centrist after last year’s vote cancellation over alleged Russian meddling

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Merz averted disaster, but the knives are out

Deep divisions among German conservatives could spell trouble for the new chancellor

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says U.S. has struck 'comprehensive' deal with UK

"This should be a very big and exciting day for the United States of America and the United Kingdom," Trump said in a social media post Thursday.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

UK regulator to ditch Northern Rock-inspired limits on building societies

BoE to scrap limits on lending and treasury activities introduced after the 2008 financial crisis

Published on: May 08, 2025 | Source: Financial Times - World favicon Financial Times - World

Bank of England cuts interest rates: Here's what it means for your money

The Bank of England's interest rate cut is likely to bring relief to borrowers, businesses and hard-pressed consumers across the country.

Published on: May 08, 2025 | Source: CNBC International favicon CNBC International

Why Gen X is the real loser generation

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s

Published on: May 08, 2025 | Source: Economist - Finance favicon Economist - Finance