UK reports higher-than-expected jobs growth Sign outside a Job Centre Plus on Nov. 15, 2024, in Shrewsbury, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. employment grew by a greater-than-expected 238,000 in the three months to June, according to official data. The number of job vacancies declinedRead More →
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Images Australia’s central bank cut its benchmark lending ratesRead More →
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of the Grok AI chatbot app, which is owned by his artificial intelligence startup xAI. “Apple is behaving in a mannerRead More →
US President Donald Trump speaks during a news conference to discuss crime in Washington, DC, in the Brady Press Briefing Room at the White House in Washington, DC, on August 11, 2025. Jim Watson | AFP | Getty Images The heaviest of U.S. President Donald Trump’s “reciprocal” tariffs — aRead More →
European defense stocks could be set for another big tailwind, according to an analyst who says the sector is about to see a surge in demand from one particular pocket of the market. Speaking to CNBC’s “Squawk Box Europe” on Thursday, Ben Heelan, Bank of America’s head of EU industrialsRead More →
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images President Donald Trump said Monday that gold will not face tariffs, knocking down a ruling by U.S. customs officials that bars of theRead More →
U.S. President Donald Trump speaks to the press about deploying federal law enforcement agents in Washington to bolster the local police presence, in the Press Briefing Room at the White House, in Washington D.C., U.S., August 11, 2025. Jonathan Ernst | Reuters President Donald Trump has signed an executive orderRead More →
Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles. The investment comes on top of $3 billion already planned for a battery park in Michigan. Together the facilities will create or secure nearly 4,000 new jobs,Read More →
Traders work on the floor of the New York Stock Exchange on July 23, 2025. NYSE U.S. stocks were little changed early Monday, with the market once again on the cusp of all-time highs ahead of a week of key inflation reports. The Dow Jones Industrial Average slipped 22 points,Read More →
Nvidia and AMD have agreed to share some of their revenue from sales to China with the U.S. government, according to several reports, sparking debate about whether the move could impact the chip giants’ business and whether Washington might seek out similar deals. In exchange for 15% of revenues fromRead More →
