Author: Editor-In-Chief
A customer checks vegetables and other groceries at a supermarket in Tokyo, June 20, 2025.Kazuhiro Nogi | AFP | Getty ImagesJapan’s core inflation rate accelerated for the first time in five months, rising to 1.8% in March as concerns over energy prices heightened due to the Iran war.Core inflation, which excludes fresh food prices, was in line with economists’ forecasts in a Reuters poll of 1.8% and higher than February’s 1.6%, government data showed. Headline inflation was 1.5%, down from 1.3% in February, falling below the central bank’s 2% target for the second consecutive month. So-called “core-core” inflation, which excludes…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. Congratulations to your first round NFL draft pick. CNBC’s Alex Sherman spoke with No. 1 pick Fernando Mendoza ahead of the big night.Stock futures were mixed this morning with all three major indexes in negative territory.Here are five important things investors need to know to start their trading day.1. Dim the brightnessA ServiceNow Inc. sign on the floor of the New York Stock Exchange (NYSE) on Monday, March 16, 2026 in New York, USA. Michael Nagle | Bloomberg | Getty Images2. Peace negotiationsPresident Donald…
U.S. President Donald Trump attends a health care affordability event in the Oval Office of the White House on Thursday, April 23, 2026 in Washington, DC, USA.Bloomberg | Bloomberg | Getty ImagesUS President Donald Trump has issued a stern warning to Britain, threatening to impose steep tariffs on the country unless it lowers the digital services tax on US tech companies. The tax was first introduced in 2020 and will be a 2% levy on the revenue of search engines, social media services and online marketplaces that derive value from UK users. This includes several US companies such as: alphabetGoogle,…
United States President Donald Trump has claimed Iran is “collapsing financially” and said the country is losing millions of dollars a day due to Washington’s naval blockade of Iranian ports.In a post on his Truth Social platform on Tuesday night, Trump wrote: “Iran is collapsing financially! They want the Strait of Hormuz opened immediately – Starving for cash! Losing 500 Million Dollars a day. Military and Police complaining that they are not getting paid. SOS!!!”Recommended Stories list of 3 itemsend of listThe US blockade of Iranian ports began at 14:00 GMT on April 13. Since then, the US has fired…
England’s Mimi Rose has thrown herself into contention for the Chevron Championship as Nelly Korda won the first women’s major of the year.World No. 2 Korda shot a bogey-free 7-under 65 in Houston, her best start to a major tournament in four years, and a two-length lead over Thailand’s Pati Thavatanakit and South Korea’s Somi Lee. American amateur Farrah O’Keefe finished tied for fourth with a 68 in her first round, and Rose, an LPGA newcomer, shot a 69 in her tournament debut to finish tied for eighth in 10 ways. “I think I’m ready,” Rose said. “It was probably…
Amazon has pulled off a major coup with Meta thanks to Amazon’s own chip. Meta has signed a deal to use millions of AWS Graviton chips to power its growing AI needs, Amazon announced Friday. Note that AWS Graviton is not a GPU (graphics processing unit), but an ARM-based CPU (central processing unit, a chip that handles common computing tasks). GPUs remain the chip of choice for training large models, but once those models are trained, the AI agents built on top of them are changing the types of chips needed. Agents create compute-intensive workloads such as real-time inference, code…
Frank Fell/Robert Saading | Collection Mix: Theme | Getty ImagesAsia-Pacific markets opened with mixed trading as investors remained cautious despite the three-week extension of the Israel-Lebanon ceasefire, highlighting the persistence of geopolitical uncertainty.President Donald Trump announced Thursday that Israel and Lebanon have agreed to extend the ceasefire for three weeks after meeting with top US officials at the White House.“The meeting went very well!” President Trump said in a post on Truth Social announcing the extension of the temporary ceasefire.The temporary ceasefire, originally scheduled to expire in 10 days, will now provide additional time for diplomatic efforts, with Washington also…
A data center owned by Amazon Web Services (front right) is under construction next to the Susquehanna Nuclear Power Plant in Berwick, Pennsylvania, on January 14, 2025.Ted Shafley | APAI-driven data center boom in Pennsylvania — includes $20 billion in investments from Amazon — is causing political unrest in a Keystone State district that could help determine control of the U.S. House of Representatives.The four House battlegrounds are in the eastern part of the state, where Democratic Gov. Josh Shapiro is focused on data center expansion plans. Republicans represent all four districts and aim to not only hold onto their…
NEW DELHI, India – Russia and India, two of the world’s largest militaries, have signed the most substantial defense pact ever, allowing them to station soldiers and aircraft on each other’s territory.Signed last year and now in operation, the bilateral Exchange of Logistics Support (RELOS) agreement facilitates countries’ access to each other’s military bases, ports, and airfields in peacetime and wartime.In a major change, India, the world’s most populous country, has for the first time allowed foreign troops to temporarily station soldiers in the country.The deepening ties between Russia and India, particularly in the defense sector, come amid a series…
Israeli Prime Minister Benjamin Netanyahu said Friday that he was secretly undergoing treatment for prostate cancer while releasing the results of his annual medical exam. This is the first time Israel’s longest-serving leader has admitted that he has been diagnosed with cancer. Prime Minister Benjamin Netanyahu, 76, underwent surgery for an enlarged prostate in December 2024, which the Prime Minister’s Office announced at the time. Prime Minister Benjamin Netanyahu said in a statement on social media that doctors discovered a malignant tumor less than 1 centimeter in size in his prostate during the latest tests after surgery. The Prime Minister’s…