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Simply the latest news, updated on the hour.

AI Summary

  • The German government is facing pressure to recommission air-raid shelters in response to rising threats from Russia, as military experts caution about potential future attacks on Western Europe.
  • The European Union is preparing to push back against increasing U.S. trade demands while negotiating a deal, amidst tensions that could escalate into a broader trade fight.
  • In the U.K., the closure of a tax loophole for the wealthy has driven high-net-worth individuals to flee the country, leading to concerns about potential revenue losses.
  • Australia is significantly boosting its defense spending and reevaluating its military strategy in light of escalating tensions with China in the Indo-Pacific region.
  • Amid rising global food prices linked to extreme weather, countries are grappling with economic pressures, which are further complicated by established tariff disputes and potential repercussions on essential goods.

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CNBC

  1. Trump disputes WSJ report on Bessent talking him out of firing Powell cnbc.com 10 hours ago

    Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.

  2. Aug. 1 is 'hard deadline' for Trump's tariffs, Commerce Secretary Lutnick says cnbc.com 12 hours ago

    President Donald Trump's 'reciprocal" tariff deadline has shifted since April 2, but White House officials insist that Aug. 1 is a firm deadli…

  3. With another tariff deadline looming, these 10 things are going the right way for stocks cnbc.com 7 hours ago

    In his Sunday column for Investing Club subscribers, Jim Cramer examines why the market has been setting new highs in the face of tariff worri…

  4. ‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters cnbc.com 2 days ago

    "At that 30% level ... it will be a lose-lose situation," one distillery boss told CNBC.

  5. Retirees are fleeing these 10 U.S. cities—most are in states where you need over $1 million to retire cnbc.com 18 hours ago

    In 2023, New York City had the highest loss of residents 60 and older.

  6. Americans say this net worth would make them 'financially comfortable'—but that metric is often 'misleading,' money expert says cnbc.com 2 days ago

    Net worth is a useful tool, but it present an incomplete picture of your finances, experts say.

  7. How Huawei ascended from telecoms to become China's 'jack of all trades' AI leader cnbc.com 2 hours ago

    Despite being hindered by years of U.S. trade restrictions, Huawei has quietly emerged as one of the fiercest competitors across the entire AI…

  8. Astronomer CEO Andy Byron resigns after viral Coldplay 'kiss cam' controversy cnbc.com 12 hours ago

    Byron's resignation comes a day after the company said it had placed the CEO on leave.

  9. Chinese companies are waging fierce price wars — but the consumer isn’t always the winner cnbc.com 3 hours ago

    Though consumers may be lured by ultra-cheap deals, the trade-offs for them are more complicated than they might seem.

  10. In recent layoffs, AI's role may be bigger than companies are letting on cnbc.com 16 hours ago

    As companies use terms like reorganization, restructuring, and optimization in job cuts, AI may be at work more than they want employees to kn…

  11. Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell cnbc.com 2 days ago

    The tempestuous situation poses myriad thorny questions for which there are no easy answers.

  12. Trump says releasing Epstein files wouldn’t satisfy ‘troublemakers,’ as pressure mounts cnbc.com 2 days ago

    Trump's post comes after the Justice Department asked federal judges to unseal the grand jury testimonies in the criminal case of Jeffrey Epst…

  13. Global week ahead: Banking bellwethers and a tariffs waiting game cnbc.com a day ago

    From Frankfurt to Milan, and Paris to London, next week it's all about the banks.

  14. Trump’s ‘big beautiful bill’ includes these key tax changes for 2025 — what they mean for you cnbc.com 21 hours ago

    President Donald Trump’s "big beautiful bill" includes key tax changes that are effective for 2025. Here is how they could impact you.

  15. Weight loss drugs could be a gamechanger for women with a common hormonal disorder cnbc.com 4 hours ago

    Some health experts view GLP-1s as a promising option for PCOS, which lacks a standard treatment and affects millions of women in the U.S.

  16. I've studied over 200 kids—if you teach your child 'just one skill' in life, make it this: 'It's non-negotiable' for me cnbc.com 9 hours ago

    Child psychologist Reem Raouda, who has studied more than 200 child-parent relationships, says there's one life skill that many parents fail t…

  17. 36-year-old lives and travels in her truck full-time, spends $1,305/month: 'I'm comfortable in very small spaces' cnbc.com 2 days ago

    Ashley Kay bought a Toyota Tacoma and started to journey the Pan-American Highway.

  18. Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares cnbc.com 2 days ago

    It comes as part of a pre-planned arrangement on the heels of surging AI demand

  19. Elon Musk's Neuralink filed as 'disadvantaged business' before being valued at $9 billion cnbc.com 2 days ago

    Neuralink labeled itself in April as a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration.

  20. Trump sues Murdoch for $10 billion over WSJ story on Epstein birthday letter cnbc.com 2 days ago

    President Trump is under increasing pressure to have the Justice Department release files about the late pedophile Jeffrey Epstein.

  21. The biggest red flag in a job interview, according to a founder—and what impresses her most cnbc.com 18 hours ago

    Jaclyn Johnson is the founder and chief creative officer of Create & Cultivate, a digital media platform and events business for women entrepr…

  22. Top Wall Street analysts are confident about the potential of these 3 stocks cnbc.com 20 hours ago

    TipRanks' analyst ranking service spotlights three stocks, including Uber Technologies and Alphabet, favored by Wall Street.

  23. Travelers to the U.S. must pay a new $250 'visa integrity fee' — what to know cnbc.com 3 hours ago

    Travelers to the U.S. must pay a new "visa integrity fee" to visit, but questions remain as to how and when it will be implemented. Here's wha…

  24. Block shares soar 10% on entry into S&P 500 cnbc.com 2 days ago

    Block is joining the S&P 500, replacing Hess as of July 23.

  25. Justice Department asks court to unseal Epstein, Maxwell grand jury transcripts cnbc.com 2 days ago

    The Trump administration's handling of the so-called Epstein files has spurred a growing backlash from within the president's own MAGA base.

  26. Elliott has built a stake in Global Payments. How the activist can help the company lift its share price cnbc.com 2 days ago

    Elliott Investment Management has a stake in Global Payments, and the news comes a few months after the payments processor made a big acquisit…

  27. Student loan bills could double for some borrowers as Biden-era relief expires cnbc.com 2 days ago

    Many student loan borrowers could see their monthly bills more than double now that the Biden-era SAVE plan is defunct.

  28. The No. 1 worst career advice billionaires give, says bestselling author: Anyone who says it is 'already rich' cnbc.com 2 days ago

    Mega-rich people tend to give people a common piece of career advice that isn't actually helpful, says self-made millionaire Scott Galloway.

  29. Coffee giant Nescafe targets Gen Z as consumption habits shift cnbc.com 2 days ago

    Nestle-owned Nescafe is going after new coffee categories to attract more consumers to the brand.

  30. Why Delta and United are pulling away from the airline pack cnbc.com 3 days ago

    U.S. airlines are struggling from weaker domestic spring and summer demand and lower fares.

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