Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader in prepared remarks cited…
US President Donald Trump speaks during a multilateral meeting with European leaders in the East Room of the White House in Washington, DC, US, on Monday, Aug. 18, 2025. Aaron Schwartz/CNP/Bloomberg via Getty Images The U.S. and European Union granted businesses some desperately sought after clarity as they shared fresh details on their trade agreement…
Former National Security Adviser John Bolton speaks to reporters after speaking in a panel hosted by the National Council of Resistance of Iran – U.S. Representative Office (NCRI-US) at the Willard InterContinental Hotel on August 17, 2022 in Washington, DC. Anna Moneymaker | Getty Images FBI agents on Thursday morning raided the Maryland home of…
Ellevated view over London’s River Thames and city financial district skyline. Gary Yeowell | Digitalvision | Getty Images Stark warnings have surfaced since the U.K.’s tax crackdown on the wealthy that an exodus of the mega-rich is underway. Hard data has yet to back up the trend. At the heart of the potential flight are…
Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia is in talks with the U.S. government about shipping a new, more advanced chip to China, CEO Jensen Huang said on Friday. Earlier this week, Reuters reported the U.S. tech giant is developing…
Jerome Powell, chairman of the U.S. Federal Reserve arrives for a dinner during the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Aug. 21, 2025. David Paul Morris | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will be giving his keynote address at the…
The Nio logo is seen at the NIO booth in the National Exhibition Center in Shanghai, China, on April 28, 2025, during the Shanghai Automobile Show 2025. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric carmaker Nio surged after the company unveiled one of its most…
Workers assemble cars on the assembly line at a Volkswagen automobile factory on March 7, 2025, in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images Shares listed in Europe look set to open lower on Friday, as investors continue to assess the full scope of the European Union’s trade deal with America….
Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters Major Japanese automakers have denied to CNBC that they have raised prices in the U.S. because of tariffs imposed by the Trump administration. That comes after a Nikkei Asia report on Thursday that…
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang on Friday showered praise on Taiwan Semiconductor Manufacturing Co. on a visit to Taiwan, saying that anybody looking to take a stake in the company…
