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China Cautions Nations on U.S. Trade Deals That Undermine Its Interests

The statement comes amid an atmosphere of continuing economic tension worldwide: China has warned countries against signing any trade agreement with the United States that may be construed as harming Chinese interests. The message, first articulated in official communication then echoed through the state’s media, is the new response from...

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World News

Trump ends all U.S. trade talks with Canada over digital services tax

Trump's announcement on Truth Social accused Canada of "copying the European Union" with the "egregious" tax.

Published: 5 hours ago

Germany tells Apple, Google to block DeepSeek as the Chinese AI app faces rising pressure in Europe

This is not DeepSeek's first run-in with regulators in Europe, following run-ins with Italian and Irish authorities.

Published: 14 hours ago

China confirms details of U.S. trade deal

The statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further details.

Published: 12 hours ago

Trump shrugs off July tariff deadline: 'We can do whatever we want'

Trump's answer appeared to correspond to the date when his self-described reciprocal tariffs on many nations are set to return to their initial, higher levels.

Published: 6 hours ago

Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon

Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.

Published: 8 hours ago

Bull market officially lives on with fresh S&P record, nears 1000 days

The bull market almost came to an end in April, but the stock market has rebounded sharply since.

Published: 6 hours ago

Nvidia notches 5-day win streak as it hits record highs

Nvidia shares rose for a fifth consecutive day Friday as the chipmaker hovered near fresh highs and investors shook off China concerns.

Published: 6 hours ago

Coinbase is the best-performing stock in the S&P 500 in June, and may have even more room to run

Coinbase is on pace for its third straight monthly gain, the first time it's put together a three-month rally since the end of 2023.

Published: 6 hours ago

What we know so far about Jeff Bezos' $50 million star-studded luxury Venice wedding

The star-stunned event boasts a guestlist of some 200 celebrities and business elite, from Ivanka Trump to Usher.

Published: 11 hours ago

Europe will buy more American weapons and pave way for trade deal, EU Council chief says

NATO's agreement to boost defense spending has solved the main trade issue between the European Union and the U.S., EU's Antonio Costa told CNBC.

Published: 14 hours ago

Pajamas at breakfast and bare feet in the lobby: How hotels are tackling bad etiquette

Some hotels are addressing etiquette breaches by providing subtle cues, while others are taking a more heavy-handed approach.

Published: 17 hours ago

Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.

Published: 24 hours ago

Traders head into the second half of the year with stocks at all-time highs, jobs report pending

Wall Street will be watching to see whether stocks move higher next week, which might depend on numerous economic data releases.

Published: 7 hours ago

We checked out Tesla's supervised, invite-only robotaxi launch. Here's what we saw

Since 2016, CEO Elon Musk has been promising that Tesla vehicles were on the cusp of full autonomy.

Published: 12 hours ago

Chinese battery giant and Tesla supplier CATL is expanding globally: Here’s why it matters

China's CATL is intensifying its global expansion efforts on the back of a blockbuster public offering.

Published: 14 hours ago

Supreme Court limits judges' power to halt Trump's birthright citizenship order

The high court did not take up the underlying issue of whether President Donald Trump's order ending automatic birthright citizenship was constitutional.

Published: 9 hours ago

Dan Niles says investors have to 'forget about' valuations and names his favorite tech stocks

The money manager's comments come as the market rallies to record highs.

Published: 7 hours ago

California Gov. Newsom sues Fox News for $787M, alleges defamation about Trump call

Fox News' corporate parent paid nearly the same amount to Dominion Voting Systems for a defamation lawsuit related to 2020 presidential election coverage.

Published: 2 hours ago

Barclays and Deutsche Bank shares close at decade highs on trade deal optimism

Join CNBC for live updates on the biggest moves in European financial markets.

Published: 10 hours ago

Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.

Published: 13 hours ago

Quantum computing is having a moment. But the technology remains futuristic

Quantum technology startups attracted about $2 billion in 2024, according to McKinsey & Co.

Published: 14 hours ago

British cars are being stolen and shipped within a day, fueling a multi-billion-pound crime bill

The cars that are being stolen are not just typically high-end vehicles like Range Rovers or Rolls-Royces, but models like the Ford Fiesta and Volkswagen Golf.

Published: 17 hours ago

UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard

The dramatic slowdown in car production is due in large part to ongoing model changeovers, restructuring and the impact of tariffs, SMMT said.

Published: 19 hours ago

Equity investors showing greed, so may be time to take profits, says Bank of America's Hartnett

Overflowing investor enthusiasm is close to triggering some reliable sell signals in the stock market.

Published: 9 hours ago

China skirts U.S. sanctions as top buyer of Iranian oil — here’s how, and why that’s unlikely to change soon

U.S. sanctions have barely put a dent on China's massive purchases of discounted Iranian oil, thanks to a shadow supply chain of transshipment.

Published: 19 hours ago

SoftBank CEO says he's 'all in' on OpenAI, reveals he's long wanted Microsoft's spot as main backer

SoftBank CEO Masayoshi Son used a shareholders' meeting on Friday to discuss the company’s belief in OpenAI and the coming of "artificial superintelligence.”

Published: 18 hours ago

Investing in Space: NATO holds out its hand to the commercial space sector

NATO's new commercial space sector strategy and defense spend target hike could be a boon to private space players.

Published: 18 hours ago

More Southeast Asians are flocking to China's Chongqing city. Social media hype is a big reason

"In 2025 alone, we've captured a nearly 12-fold surge in demand for Chongqing, compared to demand for other cities," says Sarah Wan of Klook.

Published: 22 hours ago

China's industrial profits plunge 9.1%, steepest fall in seven months

That marked the largest monthly decline since October last year, when the industrial profits dropped 10%.

Published: 19 hours ago

Blacklisted by the U.S. and backed by Beijing, this Chinese AI startup has caught OpenAI's attention

OpenAI is putting a spotlight on an under-the-radar artificial intelligence start-up that it believes is on the "front line" of China's race to lead the world in AI.

Published: 2 days ago