Trading playbook: Morgan Stanley on what worked during prior debt ceiling negotiations
Watch these sectors for where to trade if a deal is reached between President Joe Biden and congressional leaders Tuesday, Morgan Stanley said.
DOJ charges former Apple engineer with theft of autonomous car tech for China
The software engineer fled to China the same day his home was searched. He allegedly stole or attempted to steal Apple’s “entire” autonomous source code.
Two online trading apps yanked from stores on Chinese mainland as regulators bring pressure
U.S.-traded shares of Futu Holdings and Up Fintech Holdings fell after they said they’ll remove their apps from online stores on the Chinese mainland.
Western Union rival Zepz lays off 26% of employees as fintech cuts continue
Fintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC exclusively.
Oil price dip ignores burgeoning Chinese demand and imminent supply crunch, IEA warns
The OPEC+ producers’ alliance is set to next meet to determine its output policy in early June.
EU states approve world’s first comprehensive crypto rules
European Union states gave the final nod to the world’s first comprehensive set of rules to regulate crypto assets on Tuesday.
Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones
Samsung said it has signed a memorandum of understanding with South Korea’s central bank to conduct technical research on a central bank digital currency.
Here’s where Biden and McCarthy stand on debt ceiling talks heading into today’s meeting
The discussions have high stakes. Defaulting on sovereign debt would wreak havoc on the economy and roil markets around the world.
CNBC Pro Talks: A top fund manager proves you can generate big returns while investing ethically
Join CNBC’s Tanvir Gill as she talks to sustainable fund manager Philip Ripman on investing in stocks ranging from Microsoft to Nvidia and UnitedHealth Group.
Vodafone shares drop 7% after record 11,000 jobs cut as CEO says telco ‘must change’
Vodafone said it would cut 11,000 jobs over three years, out of a total headcount of just over 100,000.
