Author: usaeverydaylife

Some of Europe’s top banks have sounded alarm bells over the strength of the euro and outlined how U.S. tariffs have reshaped the investment landscape in the second quarter. Germany’s largest lender Deutsche Bank on Thursday reported a second-quarter profit beat but noted, across the board, the effects of the relative strength of the euro against the U.S. dollar. Speaking to CNBC’s Annette Weisbach, the lender’s Chief Financial Officer James von Moltke said the currency appreciation is the “big thing that’s kind of flowing through our numbers,” which showed mixed results in Deutsche Bank’s core investment banking subdivision. At BNP…

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A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 24, 2025. Brendan Mcdermid | ReutersStock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high.S&P 500 futures traded up 0.16%, while Nasdaq 100 futures gained 0.12% Futures tied to the Dow Jones Industrial Average rose 78 points, or 0.17%.Thursday marked another positive day for the S&P 500 and Nasdaq, as both indexes scored fresh all-time intraday and closing highs. That marked the broad market index’s 13th record close of 2025, four of which…

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India expects to secure “preferential” tariffs from the United States that are better than those achieved by its economic rivals, according to India’s commerce and industry minister Piyush Goyal. Goyal, who led the negotiations on the U.K.-India trade agreement, signaled a confident approach from New Delhi in ongoing trade talks with Washington. “India will get a preferential tariff compared to our peers and our competitors, because we were amongst the first to get into negotiations and our discussions, our engagement is truly very, very significant,” Goyal told CNBC on Thursday. His comments were in response to a question about whether…

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Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 and the Nasdaq Composite eked out gains to reach record closes, and what’s on the radar for the next session. Record breakers The S & P 500 closed at a record for the 13th time this year on Thursday. The Nasdaq Composite posted its 14th record close of 2025, too. The S & P…

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Asia markets set to open lowerGood morning from Singapore. Asia markets were set for a muted open Friday.Japan’s benchmark Nikkei 225 was set to start the trading day lower, with the futures contract in Chicago at 41,740 and its counterpart in Osaka at 41,640, against the index’s last close at 41,826.34.Futures for Hong Kong’s Hang Seng index stood at 25,505, pointing to a weaker open compared with the HSI’s last close of 25,667.18.Australia’s S&P/ASX 200 was also on track to start the day lower with futures tied to the benchmark at 8,637, compared with its last close of 8,709.4.— Lee Ying ShanS&P 500, Nasdaq close higher…

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The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty ImagesThe Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media.The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel.”Americans no longer trust the legacy national news media to report fully, accurately, and fairly,” Brendan Carr, chairman of the FCC, wrote in a statement Thursday. “It is time for a change. That is why I welcome Skydance’s commitment to make significant changes at the…

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Free condoms are seen at a community center operated by LoveYourself, a nonprofit impacted by the Trump administration’s freeze on foreign aid, on February 19, 2025 in Mandaluyong, Metro Manila, Philippines. Ezra Acayan | Getty ImagesU.S.-funded contraceptives worth nearly $10 million are being sent to France from Belgium to be incinerated, after Washington rejected offers from the United Nations and family planning organizations to buy or ship the supplies to poor nations, two sources told Reuters.A spokesperson for the U.S. State Department confirmed to Reuters on Wednesday that a decision had been taken to destroy the stock.The supplies have been stuck for months in…

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