People shop for groceries at a store in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters Expectations are a funny thing. When we say that something meets expectations, we tend to mean it in a positive way, suggesting that a hurdle has been cleared or the result is welcome. But what happens…
U.S. President Donald Trump speaks during the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters U.S. President Donald Trump on Tuesday said letters notifying smaller countries of their U.S. tariff rates would go out soon, adding that his administration would likely set a tariff of…
Opening calls from Singapore Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan’s benchmark Nikkei 225 was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index’s last close at 39,678.02. Australia’s S&P/ASX 200 was also set to…
Plant Vogtle Nuclear Power Plant in Waynesboro, GA, August 15, 2024. Van Applegate | CNBC Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to…
Jannik Sinner lifts the Gentlemen’s Singles Trophy following his victory against Carlos Alcaraz of Spain at The Championships Wimbledon 2025, July 13, 2025 in London, England. Clive Brunskill | Getty Images Sport | Getty Images Jannik Sinner won his first Wimbledon title on Sunday after an epic match at the grass-court major, but the young…
Fund managers are becoming increasingly bullish on European equities, according to the latest iteration of Bank of America’s European Fund Manager Survey. European stocks have broadly enjoyed a significant rally this year, amid a diversification away from U.S. assets , the promise of massive fiscal stimulus in Germany , and a bull run in the…
Ericsson CEO says European regulation and investment around AI is ‘concerning’ Speaking to CNBC’s “Europe Early Edition” on Tuesday, Ericsson CEO Börje Ekholm took aim at regulation of artificial intelligence in Europe. “I think the European problem is a regulatory problem,” he argued. “I think the European regulation should basically be frozen, and the [European]…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 10, 2025. Jeenah Moon | Reuters S&P 500 futures were higher Tuesday thanks to an advance in Nvidia shares as investors await big bank earnings and a key inflation reading. Futures tied to the benchmark index rose…
U.S. President Donald Trump and FIFA President Gianni Infantino carry the FIFA Club World Cup trophy on stage before presenting it to Chelsea FC at MetLife Stadium on July 13, 2025 in East Rutherford, New Jersey. This is the first time the U.S. has hosted the the FIFA CWC competition, one year before the U.S.,…
U.S. President Donald Trump meets with NATO Secretary General Mark Rutte on the day of announcing a deal to get weapons to NATO, in the Oval Office at the White House on July 14, 2025. Nathan Howard | Reuters Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s…
