People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic…
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech‘s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning…
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via…
Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. BEIJING — At least three Chinese robotaxi companies are pressing ahead with expansion plans in the Middle East despite the ongoing Iran war. Ride-hailing company Didi plans to begin its first overseas robotaxi test in the United Arab Emirates…
CNBC’s Jim Cramer said investors who fled the market during recent volatility may be grappling with a familiar realization that the worst-case scenarios driving their decisions never materialized. “What we have is a rally that appears to be based on nothing,” said the “Mad Money” host on Tuesday. “But in reality, it’s based on the…
U.S. Treasury Secretary Scott Bessent waits for the first meeting of U.S. President Donald Trump’s anti-fraud task force convened by U.S. Vice President J.D. Vance at the Eisenhower Executive Office Building on the White House campus in Washington, D.C., U.S., March 27, 2026. Jonathan Ernst | Reuters U.S. Treasury Secretary Bessent said the Federal Reserve…
A cargo ship loaded with foreign trade containers sails towards the open sea in Jiaozhou Bay, Qingdao, Shandong, China, on April 13, 2026. Costfoto | Nurphoto | Getty Images China’s export growth slowed in March as manufacturers grappled with surging commodity and energy costs due to the Middle East conflict disrupting supplies, while imports logged…
CNBC’s Jim Cramer said Monday that Wall Street’s resilience in the face of escalating geopolitical tensions shows investors are focusing less on the Iran war itself and more on a key driver of stock valuations: interest rates. “I think I’ve been negligent in bringing up the power of low rates, because it’s the reason the…
Fears of a private credit crisis are rising as firms at the heart of the growing, but less liquid and less transparent, bond market face investor redemptions. That stress test has arrived just as private loans became more prevalent in the ETF market. It was a little over a year ago that the Securities and…
CNBC’s Jim Cramer said Friday that the market’s become “incredibly overconfident” following the Iran-U.S. ceasefire news, which caused a massive rally in stocks this week. The S&P 500 closed Friday up 3.6% week to date. Gains were fueled by President Donald Trump‘s two-week pause on Iranian strikes, announced late Tuesday, which gave the market a…
