Container ships at Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. Bloomberg | Bloomberg | Getty Images U.K. goods exported to the U.S. dropped by £2 billion ($2.71 billion) in April, figures published by the Office for National Statistics on Thursday showed, marking the biggest monthly decrease since records began in 1997. The … Read more
The United Nations General Assembly will vote on Thursday on a draft resolution that demands an immediate, unconditional and permanent ceasefire in the war in Gaza after the United States vetoed a similar effort in the Security Council last week. The 193-member General Assembly is likely to adopt the text with overwhelming support, diplomats say, … Read more
Protests over federal immigration enforcement raids and U.S. President Donald Trump’s move to mobilize the National Guard and Marines in Los Angeles are spreading all over the U.S. and are expected to continue into the weekend. While many demonstrations against the Immigration and Customs Enforcement agency have been peaceful, with marchers chanting slogans and carrying … Read more
If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world’s second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday. “Our technology is a generation ahead of theirs,” Huang told CNBC at the sidelines of the Viva Technology conference in Paris. However, he … Read more
Europe’s top bosses are urging the continent to capitalize on recent volatility amid hopes U.S. exceptionalism is waning — and Europe can cash in. From Unicredit to Goldman Sachs, top European leaders told CNBC in exclusive interviews that Europe has a huge opportunity ahead. The numbers tell part of the story, with Europe’s Stoxx 600 up … Read more
The Insta360 One R displayed in a container of water at the Insta360 booth during CES 2020 at the Las Vegas Convention Center on Jan. 8, 2020. David Becker | Getty Images News | Getty Images BEIJING — Chinese companies are so intent on global expansion that even the biggest stock offering to date on … Read more
“Compared to Nvidia’s export-restricted chips, the performance gap between Huawei and the H20 is less than a full generation,” said Dylan Patel, founder, CEO and chief analyst of SemiAnalysis. Sinology | Moment | Getty Images With the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing is placing hopes on domestic … Read more
A man stocks shelves at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the … Read more
The United States is drawing down the presence of staffers who are not deemed essential to operations in the Middle East and their loved ones due to the potential for regional unrest, the State Department and military said Wednesday. The State Department said it has ordered the departure of all nonessential personnel from the U.S. … Read more
The impacts of the pandemic-era government spending and monetary policy that helped support the U.S. economy have faded, and that makes the country vulnerable to a downturn in the coming months, according to JPMorgan Chase CEO Jamie Dimon. “I think there’s a chance real numbers will deteriorate soon,” Dimon said at a Morgan Stanley conference … Read more