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Auto giant Volkswagen cuts guidance as U.S. tariffs hit profit hard

Europe’s biggest carmaker posted a sharp drop in second-quarter profit, primarily due to high costs from increased U.S. import tariffs.

Industry Two days ago

CNBC Daily Open: Tesla's bad things come in threes

Tesla’s going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad…

Industry Two days ago

Asia-Pacific stocks fall as investors weigh recent trade developments

Asia-Pacific markets traded lower as investors weigh recent trade developments.

Industry Two days ago

Asia-Pacific stocks trade lower as investors weigh recent trade developments

Asia-Pacific markets traded lower as investors weigh recent trade developments.

Industry Two days ago

Intel beats on revenue, slashes foundry investments as CEO says no more blank checks'

“There are no more blank checks. Every investment must make economic sense,” Tan wrote.

Industry Three days ago

Intel beats on revenue, issues better-than-expected forecast

“There are no more blank checks. Every investment must make economic sense,” Tan wrote.

Industry Three days ago
ECB Keeps Rates Unchanged, As Expected

ECB Keeps Rates Unchanged, As Expected

As expected by pretty much everyone, the ECB kept its three key ECB interest rates unchanged this mo

Industry Three days ago

Kelly Evans: How do you “fix” the Fed?

The irony of having this whole discussion right now about how to “fix” the Federal Reserve is that the critics have actually gone pretty quiet…

Industry Three days ago

Moncler raises prices on tariffs, may postpone store openings if downturn worsens

The Italian luxury retailer said it had raised prices by “mid-single-digit” percentages for the second half of 2025 and the first half of next year.

Industry Three days ago

Sydney Sweeney sparks latest meme stock rally as American Eagle soars 10%

GoPro, Krispy Kreme, Opendoor Technologies and Kohl’s have all drawn attention from meme stock traders this week.

Industry Three days ago

UnitedHealth says it is cooperating with DOJ investigation into Medicare billing practices

In a securities filing, UnitedHealth said it has begun complying with formal criminal and civil requests from the DOJ.

Industry Three days ago

UnitedHealth says it is cooperating with DOJ investigations into Medicare billing practices

In a securities filing, UnitedHealth said it has begun complying with formal criminal and civil requests from the DOJ.

Industry Three days ago

CNBC's Inside India newsletter: Leaving, but not letting go — India's wealthy move abroad, but stay invested

It is crucial for New Delhi to implement systemic changes to make India an attractive place to live and invest in, analysts said.

Industry Three days ago

Amazon venture fund backs startup developing fix for return fraud

Cambridge Terahertz’s package screening technology could help reduce fraudulent returns, a problem that’s plagued Amazon.

Industry Three days ago

Investors seem comfortable with tariffs for now, but we're going to see volatility,' says chief investment strategist

Investors have shown resilience over higher tariff levels, and other fundamentals looks strong, market analysts say.

Industry Three days ago

5 things to know before the Thursday open: Meme stock revival, Trump's Fed visit, Uber's gender feature

Here are five key things investors need to know to start the trading day.

Industry Three days ago

American Airlines scales back 2025 profit outlook as third-quarter forecast falls short

American Airlines’ third-quarter profit forecast fell short of Wall Street expectations.

Industry Three days ago

Nestle flags further potential price hikes as tariffs, commodities weigh on margins

Swiss food giant Nestle said prices for its KitKat bars and Nespresso coffee pods could rise further in the second half of this year.

Industry Three days ago

With no guarantee of an EU-U.S. trade deal, Europe keeps its retaliation options open

A trade agreement between the European Union and U.S. could be imminent, but nothing is guaranteed.

Industry Three days ago

10-year Treasury yield moves slightly higher ahead of Trump's Fed visit

Trade relations between the U.S. and the EU are also in focus.

Industry Three days ago
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