The sharp but shallow 3% pullback prompted a more severe “de-risking” impulse than one might’ve expected. Source link
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTransportation Secretary Sean Duffy joins ‘Squawk Box’ to discuss the state of air travel, impact of the government shutdown, NASA’s space mission, and more.07:58Mon, Oct 20 20258:42 AM EDT Source link
Consumers experience the iPhone 17 in an Apple store in Shanghai, China on October 13, 2025. Cfoto | Future Publishing | Getty Images Critics’ displeasure at the iPhone 17 Pro’s fluorescent orange color aside, Apple’s “Cosmic Orange” smartphone has charmed fans — and investors.The newest iPhone 17 series, which includes the base iPhone 17 and its overachieving Pro and skinny Air siblings — that come in colors other than orange, to be clear — has been outselling the previous one in the U.S. and China, according to Counterpoint data. In fact, the iPhone Air sold out within minutes of going…
U.S. President Donald Trump, and Anthony Albanese, Australia’s prime minister, shake hands outside the West Wing of the White House in Washington, DC, US, on Monday, Oct. 20, 2025. Bloomberg | Bloomberg | Getty ImagesShares of some of Australia’s largest critical metals and rare earths companies surged on Tuesday following the announcement of a massive minerals deal between Washington and Canberra worth up to $8.5 billion.The agreement — signed by U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Monday — includes funding for multiple projects aimed at boosting the supply of key materials used in defense manufacturing and…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and ether rise as tech stocks get a boost on Wall Street. Plus, former New York Gov. Andrew Cuomo unveils a plan to boost crypto innovation as part of his bid for New York City mayor. And, Olivia Santarelli of Gemini breaks down the crypto platform’s new credit card that offers SOL rewards. Source link
When 28 year olds Nick Chazee and Mathilde Vougny packed up their belongings to travel the world three years ago, they chose to do it in an unconventional way — in their Land Rover.Chazee, who was working at a technology startup, and Vougny at the United Nations, were exposed to frequent work travel. But that did not abate their craving to travel more.”Anytime we had free time, we would go around and travel like even if it was five hours away from home,” said Vougny.Their passion for travel made them realize that they wanted to do it full-time.They thought “wouldn’t…
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and 28. (Photo by Tomohiro Ohsumi/Getty Images)Tomohiro Ohsumi | Getty Images News | Getty ImagesJapan’s benchmark Nikkei 225 rose more than 1% to a fresh record at 49,739.76, after closing at an all-time high Monday. The Topix also added 0.48% to hit a record high.Broader Asia-Pacific…
new video loaded: In China’s Crowded Hospitals, She Found a New CareertranscriptBacktranscriptIn China’s Crowded Hospitals, She Found a New CareerAs China’s population grows older, a new industry of gig workers is stepping in to help older patients navigate a complex, bureaucratic hospital system. We spent time with Jessica Wang, a 49-year-old mother from Beijing who found steady income and a renewed sense of purpose by becoming a professional hospital companion.This is a mega hospital in Beijing. A medical maze where one wrong turn could cost you hours. This is Jessica Wang. She’s 49 and a — — part patient advocate,…
CNBC’s Jim Cramer said Monday that Apple’s latest surge, up nearly 9.95 points or about 4%, underscores why investors should own the stock rather than try to trade it and why the broader market followed its lead.Apple helped lift the Dow by 1.12% points, the S&P 500 by 1.07% and the Nasdaq by 1.37%, fueled by three bullish analyst calls, including longtime Apple watcher Ben Reitzes at Melius Research, who Cramer noted been “has on board the whole way.” Apple hit a record high at the end of trading on Monday.”As long as Apple makes the best products, people will…
The Zions Bank headquarters in Salt Lake City, Utah, US, on Monday, July 10, 2023. Kim Raff | Bloomberg | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. On the banksFollowing the discovery of a handful of bad loans from banks, Wall Street has been on the hunt for any other signs of risk in the sector. The regional bank selloff last week overshadowed earnings reports from many major financial institutions.Here’s what to know:Following the panic, investors have zeroed in on…

