ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, digital currencies fall again as investors make sense of U.S.-China trade tensions and the ongoing government shutdown. Plus, Tether pays $300 million to Celsius Network’s bankruptcy estate. And, John D’Agostino of Coinbase Institutional discusses where crypto markets are headed.09:50Wed, Oct 15 20253:00 PM EDT Source link
Author: usaeverydaylife
The India-flagged oil tanker Desh Ujaala is pictured in the Gulf waters near Al-Basrah Oil Terminal (ABOT), about 50 kilometres offshore of Iraq’s southern Faw peninsula, on August 5, 2025. Hussein Faleh | AFP | Getty ImagesU.S. President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi told him New Delhi will stop buying oil from Russia, though the move will take time.”[Modi] assured me today that they will not be buying oil from Russia. That’s a big stop.” Trump said at the press briefing in the Oval Office. “Now we’ve got to get China to do the same…
Earlier in the week, we looked at the upcoming DuPont electronics business spinoff and what investors are getting with the new Qnity Electronics, which has a strong foothold in the semiconductor industry. Now, here is a look at what will be left of the new DuPont after the planned Nov. 1 split and the stocks starting to trade separately two days later. With electronics out of the picture, the new DuPont will focus on four key markets: health care, water, and diversified industrials. The revenue split is about 25% health care, 24% construction, 22% water, 16% industrials/aerospace, printing and packaging,…
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors out, U.S. Treasury Secretary Scott Bessent told CNBC on Wednesday stateside in an exclusive interview. He characterized the country as having “a nonmarket economy.”In response, the Trump administration will “exercise industrial policy” to set price floors in a range of industries. Price floors are a…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAsia Pacific is leading the world in stablecoin activity, with over a trillion dollars worth of stablecoins moving in, out and within the region in 2024, according to an International Monetary Fund working paper. So, what’s driving Asia’s stablecoin surge? Source link
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 on Wednesday and what’s on the radar for Thursday’s session. United Airlines United Airlines ‘ summer earnings and its profit outlook topped estimates. However, revenue fell short, sending shares down about 2% in after hours. While the stock has lagged the S & P 500 this year, United has been the best performer among the major airlines. Year to date,…
Australia, Victoria, Melbourne, buildings on bank of Yarra riverPeter Adams | Stone | Getty ImagesAsia-Pacific markets rose Thursday, tracking Wall Street gains on strong bank earnings in a volatile trading session.Investors have been on edge in recent days as global trade tensions have escalated. The Cboe Volatility Index (VIX), known to many as Wall Street’s fear gauge, has trended higher over the past week, rising last Friday to more than 21.6, or its most elevated level since late May. The index finished at 20.6 on Wednesday stateside.Australia’s ASX/S&P 200 rose 0.16%. Investors will look to the country’s jobs data for September,…
Eddy Cue, senior vice president of internet software and services at Apple Inc., arrives for a morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 11, 2018. Bloomberg | Bloomberg | Getty ImagesApple services chief Eddy Cue said the iPhone maker would like to buy more sports rights, but the company would need to be able to do something “unique and special” with the broadcast.”We don’t have to do sports the way that they are. There’s plenty of people doing that,” Cue told CNBC’s Alex Sherman at the Autosport Business…
Arm Holdings CEO Rene Haas told CNBC’s Jim Cramer on Wednesday that moving some AI functions away from the could help reduce energy usage.Over time, he suggested, a large number of multi-gigawatt data centers won’t be sustainable.”You look to yourself, well, what are the kind of things that need to happen? I think there’s two vectors to it,” Haas said. “One is low power, the lowest power solution you can get in the cloud. Arm really contributes there. But I think even more specifically is moving those AI workloads away from the cloud to local applications.”While he said AI training…
As U.S. states start to react to growing constituent concerns around the risks associated with artificial intelligence use, Tennessee Sen. Marsha Blackburn said moving forward with a federal preemption standard is “imperative.”Earlier this week, California Gov. Gavin Newsom signed a series of bills focused on those concerns — while also vetoing some strict AI conditions legislators hoped for — requiring safeguards around chatbots, labels around the mental risks of social media apps, and tools that require age verification in device maker app stores.In addition, Utah and Texas have also signed laws implementing AI safeguards for minors, and other states have…
