President Trump threatened to greatly increase tariffs on European nations if they follow through on plans to impose new taxes on U.S. tech companies
The threat comes a day after the European Union approved tariff reductions on U.S. goods.
Market News
Iraq seeks quota review as OPEC restores output allocations
Iraq's Oil Ministry said on Friday that OPEC has begun gradually restoring Iraq's pre-war production allocations, a move it said would strengthen Iraq's output capacity and support recovery of its oil sector.
Stocks Test ‘Good News is Good News' Theory as Tech Rally Wobbles
The Nasdaq is more than halfway into correction territory. And the bad news is mounting.
Tech Volatility Leads Stocks to Mixed Weekly Performance
Tech— specifically, semiconductor — troubles started early in the week and never let up.
The search for a new leader of the Federal Reserve Bank of Atlanta has stalled after an initial slate of finalists didn't yield a choice; White House advisers have taken an interest in a process they have no formal role in
The process of selecting a new bank president stalled and has been restarted. White House advisers have taken an interest in a process they have no formal role in.
Tech Stocks Weigh On Markets, Nasdaq On Track To Post Worst Week
Tech extends Thursday losses. Oil prices are unsteady amid threats to Strait of Hormuz transit.
Fed's Kashkari Says the Fed May Have to Raise Rates This Year
Minneapolis Fed President Neel Kashkari said inflation risks have led him to pencil in one rate hike by the end of the year.
Discounted bond funds, especially at scandal-hit Wamco, may offer an investment opportunity
Professional investment advisers wear handcuffs when they manage clients' money — but you don't.
The Weekly Wire: “Inflation Is A Choice”
Our investment team is closely monitoring the developments in the Middle East and the impact they are having on commodity prices, the stock market, and the world economy. We lament the loss of innocent life, pray for the safety of U.S. troops in harm's way and mourn the U.S.
Yields Rise As The Fed Begins “A New Chapter”
The new Fed Chair is focused on inflation and fresh thinking At his first press conference as the new Federal Reserve Board Chair, Kevin Warsh made it clear last week that controlling inflation is on his mind.
Nicholas Rossi, the US rapist who faked his death and fled to Scotland to escape justice, dies
Nicholas Rossi, who fled from the US to Scotland after he faked his own death to avoid rape charges, has died in hospital.
Swiss pharma at risk of US trade investigation, industry body says
The United States could open a trade investigation into Switzerland's pharmaceutical industry similar to the one initiated last week against Germany, the head of Swiss industry body Interpharma said on Friday.
Trump threatens 100% tariff on countries putting 'Digital Services Tax on American Companies'
President Donald Trump threatened to impose a "100% TARIFF" on the goods of any country that imposes a digital services tax on U.S. companies. "This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," Trump wrote in a Truth Social post.
Ed Yardeni: The market looks 'very solid' from an earnings standpoint
Ed Yardeni, Yarden Research president, joins 'Squawk on the Street' to discuss the latest market trends, his take on hyperscalers, and more.
Opinion | America Has Never Run from the New
So it should be with AI. We'll reach out 2,500th birthday if instead of avoiding new technology, we humanize it.
A new bill would cap Medicare enrollees' annual expenses at $5,000 — and could cost the government ‘tens of billions'
The long-shot proposal would guarantee some cost protection to all people with Medicare.
Behind China's rapid AI ascent
CNBC's Deirdre Bosa reports on the fight over AI model distillation.
Hormuz Transit, Trump vs. GOP, Market Volatility & Ukraine Strikes | Bloomberg This Weekend: June 28
Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture. David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.
Central bank sees no need for extra measures as worried Russians withdraw cash
Russia's central bank said on Friday there was no need for extra measures to stabilise the banking system, despite a rise in cash withdrawals that some have blamed on worries about internet shutdowns and possible disruptions to payment systems.
AI Market Volatility, Europe Heat Wave, Venezuela Quakes Damage | Bloomberg This Weekend: June 27
Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture. David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.
