Author: Editor-In-Chief
People walk past the Reserve Bank of India sign in front of an installation booth at Global FinTech Fest on August 28, 2024 in Mumbai, India.Indranil Aditya | Null Photo | Getty ImagesThe central bank of India may keep its benchmark interest rate unchanged at Friday’s monetary policy meeting, contrary to expectations that it would do so.A majority of economists surveyed by CNBC expect the Reserve Bank of India to keep interest rates unchanged at 5.25%, while suggesting a rate hike may only occur towards the end of the year. Few expect policymakers to act at this week’s meeting to…
Sen. Thom Tillis (R-North Carolina) questions Treasury Secretary Scott Bessent during a Senate Banking, Housing, and Urban Affairs Committee hearing on February 5, 2026 in Washington, DC.Nathan Posner | Anadolu | Getty ImagesRepublican Sen. Thom Tillis on Wednesday denounced President Donald Trump’s choice to lead the U.S. intelligence community as a “seditious attack dog” and said there was no path for him to be confirmed by the Senate.The retiring North Carolina senator’s comments on CNBC’s “Squawk Box” further intensified the backlash against current Federal Housing Finance Agency Director Bill Peult, whom President Trump named acting director of national intelligence on…
Bitcoin symbols seen at a kiosk in Krakow, Poland, February 20, 2026. Jakub Porzycki | Null Photo | Getty ImagesBitcoin It fell to its lowest level since February on Wednesday as other asset classes continued to drive investors away from cryptocurrencies.The world’s largest cryptocurrency fell 2.3% to $65,385. it came after that S&P500 and Nasdaq 100 Tuesday closed at a record high. Asian stocks generally rose on Wednesday, with Japan’s Nikkei Stock Average hitting a new record high.According to QCP’s trading desk, “the broader issue is liquidity rotation.” “Cryptocurrencies face competition for capital as stock markets continue to outperform, with…
The Goldman Sachs logo is displayed on the floor of the New York Stock Exchange on Wednesday, August 11, 2010 in New York City. Ramin Tarai | History of Corbis | Getty ImagesalphabetThe company’s plan to sell $80 billion in stock to fund its artificial intelligence efforts will keep the market in “unprecedented territory,” Anthony Gutman, co-chief executive officer of Goldman Sachs International, told CNBC in an exclusive interview Wednesday. Google’s parent company said in a statement Monday that its stock offering includes an allocation of $10 billion to Greg Abel’s Berkshire Hathaway for “funds to invest in world-class AI…
summary Following allegations of forced labor and pressure from the United States, several Latin American countries have terminated contracts with Cuban medical corps. Honduras discontinued the program in March, leaving patients to pay thousands of fees for surgeries previously available through Cuban doctors. The human rights report acknowledges that the mission expands access to health care, while asserting that Cuban medical staff face low wages and coercive conditions. AI-generated summaries were reviewed by CNN editors. bogota, colombia — Hector Zelaya carefully walks through an abandoned eye clinic in Honduras at the slow pace of someone still learning to see. The…
Arsenal will be crowned Premier League champions for the 2025-26 season, with Martin Odegaard lifting the Premier League trophy.Michael Regan | Getty Images Sports | Getty ImagesThis report is from this week’s CNBC UK Exchange newsletter. Is it what you see? You can subscribe here.dispatchWhen Arsenal captain Martin Odegaard lifted the Premier League trophy at Crystal Palace’s Selhurst Park ground in south London on May 24, one might think all was well in English football (or soccer…). Arsenal won their 14th league title, their first in 22 years, and became the third club to lift the trophy in the same…
A pedestrian passes in front of a Tesla store in Shanghai, China, on March 14, 2024.Cost Photo | Null Photo | Getty ImagesSales of Tesla’s Chinese-made electric vehicles rose nearly 40% in May on the back of a broad recovery in the country’s EV market.In May, the company delivered 85,982 new energy vehicle units from its Shanghai Gigafactory, which produces Model 3 and Model Y units for China and several overseas markets, according to preliminary data released by the China Passenger Car Association on Tuesday. This represents a 39.4% year-on-year increase when compared to the same period in 2025.According to…
Andy Burnham, Mayor of Greater Manchester.Leon Neal | Getty Images News | Getty ImagesAndy Burnham, the front-runner to oust British Prime Minister Keir Starmer, abruptly canceled a conference call on Monday aimed at placating investors worried about his potential policy mix, the FT reported.Burnham is not yet a sitting member of the British Parliament, but plans to stand in a by-election in Makerfield, northwest England, on June 18. If he wins the seat, he is widely expected to launch a formal challenge to unseat Starmer. Starmer’s premiership is under intense pressure after the ruling Labor party suffered a crushing defeat…
Voters in six U.S. states headed to the polls Tuesday for a series of primaries that will shape the political landscape ahead of November’s midterm elections.The races included the California race to replace term-limited Gov. Gavin Newsom, the open Senate and gubernatorial races in Iowa, the closely watched New Jersey race for the House of Representatives, and key statewide races in New Mexico, Montana and South Dakota.Recommended stories list of two itemsend of listMidterm elections in the United States have traditionally served as an important litmus test of public support for the president. Observers are watching President Donald Trump more…
Scott Pelley attends the CBS Fall Schedule Celebration at Paramount Studios on May 2, 2024 in Los Angeles, California. Fraser Harrison | Wire Images | Getty ImagesCBS News has fired high-profile “60 Minutes” correspondent Scott Pelley amid a debate over the direction of the show, which has been a mainstay of the network’s television lineup for decades.”60 Minutes”‘ new executive producer Nick Bilton told Perry in a letter seen by CNBC that his “employment with CBS News is immediately terminated for valid reasons.” It was not immediately clear when the letter was sent.According to NBC News, Perry previously said CBS…