President Donald Trump could still slap China with 100% tariffs on Nov. 1 or sooner depending on Beijing’s next move in a dispute over rare earths, U.S. Trade Representative Jamieson Greer told CNBC Tuesday. “A lot depends on what the Chinese do,” Greer told CNBC in an interview. “They are the ones who have chosen…
JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. Drew Angerer | Getty Images JPMorgan Chase on Tuesday topped analysts’ estimates for the third quarter as trading and investment banking generated about $700 million more revenue than…
In an aerial view, a container ship arrives at the Port of Oakland on October 10, 2025 in Oakland, California. U.S. President Donald Trump is threatening to impose a massive increase of tariffs on Chinese imports in response to China’s announcement of new export controls on rare earths. China controls an estimated 70% of the…
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s market cap surpassed that of its parent company after the subsidiary’s shares…
A large screen displays images of Combat Unmanned Surface Vessels (USV) at the Hanwha exhibition stand during the Security Equipment International (DSEI) at London Excel on Sept.10, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of South Korean shipbuilder Hanwha Ocean fell more than 8% Tuesday after China sanctioned…
David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in…
Veteran investor Howard Marks isn’t calling the artificial intelligence boom a bubble — at least not for now. “My response to date has been that the valuations are … high but not crazy” the Oaktree Capital Management co-founder said Monday in an interview with CNBC’s Sara Eisen. “Expensive and going down tomorrow are not synonymous.”…
A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. Costfoto | Nurphoto | Getty Images China’s export climbed at the fastest pace in six months in September, while imports logged their strongest gain in more than a year, even as a trade deal…
Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….
Wall Street’s weekly performance was near the flat line heading into Friday. Things started OK on the final trading day of the week, until President Donald Trump ‘s new China trade threats tanked the stock market. The S & P 500 lost 2.71% on Friday — the worst single-session decline since April 10, the day…
