President Donald Trump has warned France must scrap a 3% tech “sales tax” or face 100% tariffs on U.S. imports of its wines and champagne, the NY Post reported Monday. The president issued the threat ahead of this week’s G7 summit in Évian-les-Bains, France. “I asked [President Macron] not to charge American companies, and if…
Keir Starmer, UK prime minister, left, works with Sanae Takaichi, Japan’s prime minister, at 10 Downing Street in London, UK, on Sunday, June 14, 2026. Andy Rain | Bloomberg | Getty Images World leaders welcomed the U.S.-Iran agreement to end the Middle East war, with some European nations reportedly signaling they were prepared to lift…
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways is already the biggest airline in Fort Lauderdale, Florida, and it wants to get even bigger. “Lauderdale has been a star for us,”…
The most important dates for SpaceX haven’t happened yet, according to TD Securities. Peter Haynes, the firm’s head of index and market structure, suggests SpaceX’s public debut is only a small part of the larger SpaceX timeline. He’s urging investors to pay close attention to when SpaceX is added to key indexes — including the…
HANGZHOU, CHINA – JUNE 02: General Secretary of the Lao People’s Revolutionary Party Central Committee and Lao President Thongloun Sisoulith watches DR02 humanoid robot performance at Deep Robotics on June 2, 2026 in Hangzhou, Zhejiang Province of China. Wang Gang | China News Service | Getty Images The rush of capital into China’s tech start-up…
A driver refuels a vehicle with regular gasoline at a Shell gas station in Hercules, California, May 21, 2026. David Paul Morris | Bloomberg | Getty Images For some Americans’ finances, the Iran war was over almost as soon as it began. Those with access to stocks — a majority of Americans have some, though…
Federal Reserve Governor Michelle Bowman on Friday cautioned against raising interest rates to address the current spike in prices. With inflation running well above the central bank’s 2% target, markets are expecting the Fed to stay on hold this year then possibly start raising rates in early 2027. Current pricing is indicating virtually no chance…
Americans have spent nearly $450 extra per household on rising energy costs during the Iran war, according to an analysis shared exclusively with CNBC’s Steve Liesman. The average household has shelled out $447.19 for additional fuel-related expenses since the conflict began on Feb. 28, data from Moody’s Analytics found. That’s cumulatively cost American consumers nearly…
A screen displays share prices inside the Kabuto One building in Tokyo, Japan, on Monday, April 13, 2026. Oil surged and stocks fell after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran following the collapse of weekend peace talks. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty…
Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed. The personal consumption expenditures price index increased a seasonally adjusted 0.4% for the month, putting the 12-month inflation rate at 3.8%, the Commerce Department reported. Economists surveyed by…
