Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop…
U.S. dollar bills. Nurphoto | Nurphoto | Getty Images U.S. stocks mostly eked out slim gains overnight, as investors look past Moody’s downgrade of the U.S.’s credit rating last Friday. This extends the markets’ rally from last week on the U.S.-China’s temporary trade truce. But there are dark clouds on the horizon. Moody’s downgrade continues to grip…
A For Sale sign sits in front of a home on May 12, 2025 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand from homebuyers rose for the second straight week, suggesting that potential buyers are now more enticed by the increasing supply of houses for sale than they are dissuaded by recent economic…
The 10-year Treasury yield climbed higher Friday, adding to its steep weekly rise, as dizzying trade moves by President Donald Trump caused investors to dump U.S. assets in favor of other global safe havens. The benchmark 10-year Treasury yield advanced more 10 basis points to 4.495%. It earlier jumped to its highest level since Feb. 13. The 2-year…
The head of the International Committee of the Red Cross (ICRC) has told the BBC that Gaza has become “hell on earth”, as Israel’s military assault there continues. Mirjana Spoljaric’s comments come on the same day the UN human rights office warned that Israel’s tactics were threatening the viability of Palestinians continuing to live in…
Traders work on the floor of the New York Stock Exchange (NYSE) on April 09, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Global bond yields largely reversed course on Thursday as equities rebounded on a historically volatile week for markets driven by U.S. President Donald Trump’s tariff policy….
Traders work on the floor of the New York Stock Exchange (NYSE) on April 09, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Global bond yields largely reversed course on Thursday as equities rebounded on a historically volatile week for markets driven by U.S. President Donald Trump’s tariff policy….
Fighting has been reported in Myanmar despite the military junta and a rebel group alliance announcing temporary ceasefires to support earthquake relief. As of Friday, the military had carried out at least 14 attacks since the ceasefire, according to reports received by the UN Human Rights office. The military accused two rebel groups in the…
Rebecca Henschke BBC Eye Investigations BBC The BBC has been sent several images of damaged buildings in Naung Lin Village, Shan state, where Myanmar’s junta fighters reportedly dropped bombs on Friday evening Myanmar’s military junta has continued to bomb parts of the war-torn country following the major earthquake there, which has killed more than 1,600…
Japan has deployed more than 2,000 firefighters to battle the country’s biggest forest fire in three decades. At least one person has died in the blaze, which has torched more than 5,200 acres around the northern Japanese city of Ofunato since Thursday, according to the Fire and Disaster Management Agency (FDMA). Although January to March…
