Rene Haas, CEO of chip tech provider Arm Holdings, holds a replica of a chip with his company’s logo on it, during an event in which Malaysia’s Prime Minister Anwar Ibrahim officially announces a $250 million deal with the company, in Kuala Lumpur, Malaysia March 5, 2025. Hasnoor Hussain | Reuters Arm shares dropped more…
The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year guidance. The company, widely regarded as a barometer…
Judge Jefferson Griffin, the Republican candidate for the N.C. Supreme Court listens to testimony in Wake County Superior Court on Friday, Feb. 7, 2025, in Raleigh, North Carolina. Griffin trails North Carolina Supreme Court Justice Allison Riggs by 734 votes following two recounts of the November 2024 election results. Robert Willett | Raleigh News &…
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump on Wednesday offered to help dial back tensions between India and Pakistan, which has escalated as…
Vcg | Visual China Group | Getty Images David Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed. The deal, which has been in the works since January, consists of $200 million in…
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump said Wednesday he would not consider lowering the United States’ 145% tariffs on China in order…
Nvidia CEO Jensen Huang (R) speaks alongside US President Donald Trump speaks about investing in America, at the White House in Washington, DC, on April 30, 2025. Jim Watson | AFP | Getty Images Nvidia shares rose on Wednesday on a report that the Trump administration plans to revise a set of chip trade restrictions…
The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday. China will be entering the talks “firmly” opposed to U.S. tariff hikes, and willing to participate only in a dialogue “based on equality, respect and mutual benefit,” Foreign Ministry spokesman…
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing digital economic cooperation between the European Union and Singapore. Roslan Rahman | Afp | Getty Images The European Union’s executive…
A for sale sign is displayed near a home on April 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Mortgage interest rates dropped for the second straight week, although not by a lot. That was thanks to more negative news on the economy. But despite all that, weekly mortgage demand surged higher by…
