By Daniel Leussink and Sarah WuBEIJING (Reuters) – Global automakers including Volkswagen (ETR:) and Toyota came to this year’s Beijing auto show looking to catch up to surging China EV makers that are dominating the world’s largest auto market.The show that started this week showcased…
USD/CAD trades sideways ahead of the US core PCE Inflation that will influence Fed rate cut expectations. The US Dollar remains on backfoot as weak US Q1 GDP raise concerns over the economic outlook. Investors see the BoC pivoting to interest rate cuts from June. The USD/CAD pair is stuck…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Arguably the contemporary face of meme coin culture, Pepe has displayed relentless strength since its 2023 inception. However, competition is heating up in the meme coin domain, so is…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Strong tech earnings and a pause in rising bond yields put Friday’s market on pace to reverse the prior session’s losses and then some. The…
Check out the companies making headlines in midday trading. Microsoft — Shares jumped 2% after the tech giant reported better-than-expected fiscal third-quarter results as its Azure business continued to show momentum. Alphabet — The Google-parent company rallied 10%. Alphabet posted first-quarter results that topped estimates and authorized its first-ever dividend,…
The head of the Federal Student Aid office, which has faced criticism for the botched rollout of this year’s college financial aid form, will be stepping down. According to a letter to staff obtained by CNN, Richard Cordray said Friday that he will not be continuing in his role for…
By Shristi Achar A and Shashwat Chauhan(Reuters) – Wall Street’s main indexes…
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View MoreUS Secretary of State Antony Blinken said the US has seen evidence of Chinese attempts to “influence and arguably interfere” with the upcoming US elections, despite an earlier commitment from leader Xi Jinping not to do so. Blinken made the comments to CNN’s Kylie Atwood in an interview Friday at the close of a three-day to trip to China, where the top American diplomat spent hours meeting with top Chinese officials including Xi, as the two countries navigated a raft of contentious issues from US tech controls to Beijing’s support for Moscow. Blinken said he repeated a message President Joe Biden gave…
Justice Jackson warns of Oval Office ‘crime center’ at immunity hearing Justice Ketanji Brown Jackson raised concerns about granting the president absolute immunity, suggesting it could foster criminal activity in…
When President Joe Biden visited Virginia to commemorate Earth Day on Monday, he was joined by Sen. Bernie Sanders, a key architect of the clean energy proposals that Biden was…
During nearly three hours of historic Supreme Court arguments, John Roberts said little. But the cagey chief justice made some points abundantly clear. A lower court ruling denying Donald Trump…
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View MoreThe US stock market recently witnessed its first sharp drop in half a year in a broad pullback many Wall…
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View MoreSpain is sending a limited number of Patriot missiles to Ukraine, El Pais reported.It will stop short of sending launchers for the system, however.It follows Ukraine’s…
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The Federal Reserve’s favorite inflation reading is due Friday morning. For Wall Street,…
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