This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch One of the City’s most prominent investment bankers recently spelled out to me the challenges, as he saw them, faced by the U.K. economy. He argued that, as a country, Britain does not…
The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s headline inflation rate remained steady at 0.8% in June, staying at its lowest level in over four years. The inflation figure was lower than the 0.9% expected by economists, and comes ahead of…
A student student sits in a lecture hall while class is being dismissed at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty Images What are the new repayment plan’s terms? RAP is what the Education Department calls an “income-driven repayment plan.” Congress created the first IDR…
Sen. Mike Lee, R-Utah., speaks to reporters as he arrives for the Senate Republicans’ lunch meeting in the U.S. Capitol on Tuesday, June 17, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Sen. Mike Lee, R-Utah, on Tuesday reportedly shared and then hastily deleted a fake, apparently AI-generated letter purporting to show Jerome…
Singapore has the world’s strongest passport — again, according to the latest Henley Passport Index. The ranking, released Tuesday, shows the small nation-state retaining the top spot in the index, after it broke a six-way tie for the accolade earlier this year. In 2024, Singapore shared the top ranking with Japan, Germany, Italy, Spain and…
Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Japanese automakers surged after Japanese Prime Minister Shigeru Ishiba said that U.S. auto tariffs were lowered to 15% from the current 25%, Reuters…
Capital One shares rose on Tuesday evening despite the company reporting an extremely noisy second-quarter result due to the Discover integration. Still, we like where the company is headed with this game-changing acquisition. Revenue in the three months ended June 30 increased 31% year over year to $12.5 billion, missing the consensus estimate of $12.7…
U.S. President Donald Trump speaks during a joint press conference with Japanese Prime Minister Shigeru Ishiba in the East Room at the White House on February 07, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump on Tuesday stateside announced that he had made the “largest Deal…
The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments reported second-quarter results on Tuesday that beat analysts’ expectations for revenue and earnings. But the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG…
Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has…
