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Lagarde signals ECB rate-cutting โnearly concludedโ
Central bank presidentโs remarks come after governing council members reduce rates by quarter point to 2%
Published on: June 05, 2025 | Source:
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British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
"This would allow Wise's shares to trade on both a US stock exchange and the LSE," Wise said Thursday.
Published on: June 05, 2025 | Source:CNBC's Inside India newsletter: Wall Street and investors turn bullish on India after two turbulent quarters
A concoction of factors โ war, inflation, lower earnings โ has led to lackluster performance for equities so far this year. But the tide may be about to turn.
Published on: June 05, 2025 | Source:Draw your own chart game: How Taco were Trumpโs tariffs?
Test your knowledge of how the US presidentโs trade war actually affected import duties
Published on: June 05, 2025 | Source:Nintendo Switch 2 hype leads to shortages, special store opening hours
Nintendo says it expects to sell 15 million Switch 2s in the fiscal year ending March 2026. Analysts say that estimate is conservative.
Published on: June 05, 2025 | Source:Wealthy inheritors plan to fire their parents' wealth advisors
Millennials and Gen Zers said they were unimpressed with poor digital offerings or a lack of services and products from their parents' firms.
Published on: June 05, 2025 | Source:Trump bans citizens of 12 countries from entering the U.S.
The Trump administration signed a proclamation Wednesday suspending entrance to the U.S. for citizens from 12 countries.
Published on: June 05, 2025 | Source:It's not just AI โ China's quickly gaining an edge over the U.S. in biotech
For all the attention on U.S.-China AI competition, new studies point to China's rapid rise in biotechnology, especially for drug and agricultural development.
Published on: June 05, 2025 | Source:Like it or not, NATOโs hitting a 5% defense spending target, U.S. says
A 5% defense spending target for NATO members is looking increasingly likely as the alliance prepares for its big bang summit later in June.
Published on: June 05, 2025 | Source:AI, trade and $24 socks: Inside the inaugural SXSW in London
London Mayor Sadiq Khan opened the event and touted the U.K. capital as a key tech and investment hub, while also taking veiled swipes at U.S. trade policy.
Published on: June 05, 2025 | Source:Trumpโs tariffs have so far caused little inflation
Our estimate of their impact will update every month
Published on: June 05, 2025 | Source:Stanley Fischer mixed rigour and realism, compassion and calm
The former IMF, Bank of Israel and Federal Reserve official died on May 31st
Published on: June 05, 2025 | Source:Trump thinks Americans consume too much. He has a point
He will not like the remedy, however
Published on: June 05, 2025 | Source:Serena Williams says winning the Australian Open while pregnant was her most important career moment: 'I don't know how I did that'
"I remember saying: I have to do a lot of aces... I can only play, like, four balls and I'm done," Williams told the SuperReturn conference in Berlin.
Published on: June 05, 2025 | Source:Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
There's a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or "involution."
Published on: June 05, 2025 | Source:Citi plans to slash 3,500 tech roles in China as global banks cut costs
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic outlook.
Published on: June 05, 2025 | Source:CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
The ADP and Fed reports can give an insight into the economy, but they could also be skewed by the vantage point of the observers.
Published on: June 05, 2025 | Source:Shein and Temu see U.S. demand plunge on 'de minimis' trade loophole closure
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de minimis loophole, new data shows.
Published on: June 05, 2025 | Source:Auto industry sounds the alarm as China's rare earth curbs start to bite
Automotive industry groups are increasingly worried about a rare earth shortage.
Published on: June 05, 2025 | Source:The global economy faces many headwinds, but the aviation industry is expected to defy them
The profitability of the aviation industry is expected to improve in 2025 despite global gross domestic product growth being forecast to fall, the IATA says.
Published on: June 05, 2025 | Source:UK to unveil pension reform aimed at boosting retirement savings
Parliamentary bill presented on Thursday set to include a โreserveโ power that could force schemes to invest more in Britain
Published on: June 04, 2025 | Source:Tory shadow chancellor to say sorry for Liz Truss mini-Budget
Mel Stride will say in speech that 2022 fiscal event โdamaged credibilityโ of main opposition party
Published on: June 04, 2025 | Source:Trumpโs โbig beautiful billโ will swell US debt by $2.4tn, warns fiscal watchdog
Administration insists legislation will slash the deficit
Published on: June 04, 2025 | Source:Musk whips opposition to Trump tax plan: 'KILL the BILL'
Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar with the matter told NBC News.
Published on: June 04, 2025 | Source:Boeing reaches deal to avoid prosecution over 737 Max crashes
Agreement with US justice department allows plane maker to withdraw an earlier guilty plea
Published on: June 04, 2025 | Source:FirstFT: Apple and Alibabaโs AI rollout in China hit by delay
Also in todayโs newsletter, South Koreaโs new president warns of โtangled webโ of crises, and why Toyota Industries shareholders are outraged
Published on: June 04, 2025 | Source:500,000 more children in England to be eligible for free school meals
PM expanding access as he seeks to head off backbench Labour rebellion over plan to cut welfare payments
Published on: June 04, 2025 | Source:Amazon's R&D lab forms new agentic AI group
The new group will help develop an agentic AI "framework" for use in its robotics operations, an application often referred to as "physical AI."
Published on: June 04, 2025 | Source:Biden White Houseโs Karine Jean-Pierre quits Democratic party
Public face of ex-presidentโs administration plans to publish tell-all book about time in office
Published on: June 04, 2025 | Source:Chart and Flowserve agree $19bn deal to form liquid technologies leader
Merged group will be renamed and have its headquarters in Dallas
Published on: June 04, 2025 | Source:Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'
Reddit's lawsuit against Anthropic is the latest generative AI battle to find its way to the courtroom.
Published on: June 04, 2025 | Source:Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says
The Trump-backed budget bill has come under fire from former DOGE head Elon Musk and some GOP senators as it moves through Congress.
Published on: June 04, 2025 | Source:OpenAI tops 3 million paying business users, launches new features for workplace
The users are comprised of ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu customers, OpenAI said.
Published on: June 04, 2025 | Source:โAccept it or you have to walkโ: Labourโs UK spending review battles enter final stage
Chancellor Rachel Reeves faces โmake or breakโ moment for governmentโs pledge to deliver 1.5mn new homes
Published on: June 04, 2025 | Source:Putin planning to retaliate for Ukraine drone attack, says Trump
US president says after call with Russian counterpart that Moscow is not ready for โimmediate peaceโ with Kyiv
Published on: June 04, 2025 | Source: