In U.S. trade war with China, Mexico is emerging as the big winner
A CNBC analysis of trade data reveals a multi-year surge in trade between China and Mexico helping manufacturers and the supply chain avoid Trump/Biden tariffs.
With rates falling, don’t make this ‘big mistake’ with your cash
Yields are coming down now that the Federal Reserve has started its rate-cutting cycle. Here’s what experts say to do with your cash.
This power company has outpaced Nvidia, could ink next nuclear deal after Three Mile Island
The Three Mile Island restart demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors.
Germany to hold onto Commerzbank stake as lender aims for independence
Germany will not sell any more shares in Commerzbank for the time being and the bank’s strategy is “geared towards independence,” the nation’s finance agency said on Friday.
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
American has been working with banks and card networks on a new deal with the aim of consolidating its business with a single issuer, sources tell CNBC.
Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI
Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed.
Apple iPhone 16, Apple Watch Series 10 and AirPods 4 debut around the world
Apple greeted customers at its stores around the world on Friday, for the debuts of the iPhone 16, Apple Watch Series 10 and AirPods 4.
Huawei’s trifold phone is proving popular among Apple iPhone fans in Beijing
Out of 10 people CNBC talked to, eight said they are interested in both the new Huawei and Apple phones.
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.
Why EU tariffs are unlikely to dent Chinese EV makers’ European expansion
To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research group Rhodium.
