How the escalating U.S.-China tech war could hurt American companies
The semiconductor industry has been caught in the crosshairs between the U.S. and China, two of the world’s largest economies.
Maersk to pause all container ship traffic through the Red Sea
A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday.
Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank.
Major central banks diverge on when the first rate cuts will come
The West’s major central banks all kept interest rates unchanged in recent days, but struck very different tones on the market’s much-anticipated cuts in 2024.
Venezuela and Guyana pledge not to use force in bitter dispute over oil-rich territory
Venezuela and Guyana have agreed not to use force or threaten one another in their long-standing dispute over a vast border region with enormous oil reserves.
Prince Harry was phone-hacking victim, London court rules
The prince became the first senior British royal for 130 years to give evidence in court when he appeared as the star witness at a trial in June against Mirror Group Newspapers.
Fake TikTok accounts spread disinformation on Russia-Ukraine war to millions
Fake TikTok accounts have been spreading disinformation on Russia’s war in Ukraine to millions of people, new data from the Chinese social media giant shows.
European markets close slightly higher after central bank bonanza; Maersk shares up 8%
The Stoxx 600 gained 0.91% on the week in its fifth consecutive week of gains.
Treasury Secretary Yellen outlines plan to improve U.S.-China ties
U.S. Treasury Secretary Janet Yellen underscored her priorities aimed at stabilizing frigid ties between the United States and China late Thursday.
CNBC Daily Open: Big Tech lags stock rally
U.S. markets extended their rally spurred by a dovish Fed. Bu the pace slowed because Big Tech saw losses.
