Tag: U.S. Economy
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G20 finance meeting live updates: Bessent, Warsh to give remarks
This is CNBC’s live blog of the U.S. G20 finance ministerial in Asheville, North Carolina. Please check back for updates.
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Bank of England chief warns new AI models threaten global financial stability
Bank of England Governor Andrew Bailey has warned that frontier AI could materially increase cyber risks to the global financial system.
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Treasury yields tick lower as U.S.-Iran war moves back into the spotlight
Treasury yields were marginally lower on Monday, as investors monitored developments in the Middle East.
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K-beauty giant APR’s shares up 100% this year ahead of U.S. Costco launch in September
APR is accelerating its U.S. retail expansion with a Costco launch in September, as the K-beauty company’s shares have surged nearly 100% this year.
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What new tariff walls in U.S.-Canada trade war mean for the economy’s critical metals
When the U.S.-Canada trade war erupted, the market repriced metals and materials stocks and ETFs, but longer-term investors should be wary.
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CIA chief John Ratcliffe reportedly made secretive Moscow trip to warn Russia against attacking NATO
Russia and Ukraine have intensified long-range drone and missile strikes as fears of further escalation grow.
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The toy industry’s latest craze is cheap, colorful and very squishy
Squishy toys are booming, with social media and low prices helping fuel the craze.
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Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause
Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create global risks.
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Treasury yields little changed ahead of key inflation data
Treasury yields were broadly flat on Tuesday, as investors awaited the publication of the Federal Reserve’s preferred inflation metric.
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Canada poised to retaliate against Trump tariffs: ‘We’re not waiting by the phone’
Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump’s new tariffs from taking effect.
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