People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty ImagesAs President Donald Trump hit the 100-day mark this week for his second term in office, his approval numbers were lower than for any administration at this point in over seven decades.Don’t tell that to the crypto community.Trump ran for office on a promise to make America “the crypto capital of the world.” Those who got behind that message say he’s already delivered, or at least gotten off to a hot start.A blitz of executive actions, strategic appointments, and early wins, from…
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North Korea and Russia have begun building the first road bridge linking them across their river border, both governments said on Thursday as they expand bilateral ties following the deployment of North Korean troops and weapons to help Russia’s war against Ukraine.The two countries held a simultaneous groundbreaking ceremony for the two-lane bridge on their respective sides of the border on Wednesday, according to their state media. They currently have a cross-border railway link.“This is a big milestone for Russian-Korean relations,” Prime Minister Mikhail Mishustin of Russia said when he talked with his North Korean counterpart, Pak Thae-song, through a…
The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024.Ore Huiying | Bloomberg | Getty ImagesEli Lilly on Thursday reported first-quarter revenue and earnings that topped estimates as demand for its weight loss and diabetes drugs soared, but lowered its full-year profit guidance due to charges related to a recent cancer treatment deal.The pharmaceutical giant now expects its adjusted fiscal 2025 earnings to come in between $20.78 and $22.28 per share, down from a previous guidance of $22.50 to $24 per share.Eli Lilly maintained its fiscal 2025 sales guidance…
Analysts are doling out praise after Microsoft ‘s latest earnings report. The tech titan earned $3.46 per share on $70.07 billion of revenue during the third fiscal quarter. Analysts polled by LSEG had predicted just $3.22 per share and $68.42 billion in revenue. Microsoft projected 34% to 35% in growth for Azure, its cloud computing platform, at constant currency. That’s ahead of the consensus rate of 31.5% from analysts surveyed by StreetAccount. The stock surged more than 8% in Thursday’s premarket following the report. That offers a reprise for shares, which have slipped more than 6% since 2025 began. Despite…
CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024.Jakub Porzycki | Nurphoto | Getty ImagesCVS Health on Thursday reported first-quarter earnings and revenue that topped estimates and hiked its guidance, as its troubled insurance business showed some improvement during the period. Shares of CVS were up 7% in premarket trading Thursday.The company now expects full-year adjusted earnings of $6 to $6.20 per share, up from a previous guidance of $5.75 to $6 per share.But the company revised its GAAP diluted EPS guidance to be lower, which includes charges related to a legal battle involving its pharmacy…
Lee Jae-myung, leader of the Democratic Party, at his office at the National Assembly in Seoul, South Korea, on Thursday, Aug. 24, 2023.Woohae Cho | Bloomberg | Getty ImagesSouth Korea’s Supreme Court overturned on Thursday an earlier ruling that had cleared election frontrunner Lee Jae-myung of election law violation, throwing into doubt his eligibility to run for the presidency.Lee, the candidate of the liberal Democratic Party which controls parliament, leads opinion polls to win a snap presidential election sparked by former conservative president Yoon Suk Yeol’s ouster over his imposition of martial law.The election law violation case against Lee had…
A Lloyds Banking Group Plc bank branch in London, UK, on Monday, Oct. 21, 2024.Bloomberg | Bloomberg | Getty ImagesLloyds Banking Group’s profits fell 7% in the first-quarter, hit by higher costs and impairment charges, and it set aside 100 million pounds ($133 million) for the impact of trade tariffs imposed by U.S. President Donald Trump.The broad economic outlook has become much more unpredictable as a result of the tariffs, prompting other major banks to warn about the fallout, including in terms of credit quality and loan demand.Lloyds, Britain’s biggest mortgage lender, took an impairment charge of 309 million pounds,…
If you’re in the U.S. Armed Forces, you’re offered life insurance from the Department of Veterans Affairs.But that coverage expires when you leave active duty and, in many cases, service members need to supplement it with coverage from the civilian market. Many providers are hesitant to cover military members, given the risks associated with service.CNBC Select has picked the best life insurance for active duty military and veterans, based on cost, coverage options, customer service, availability and other criteria. (See our methodology for more on how we made our selections.)Need a term life insurance quote and interested in bundling discounts?Offers…
South Korea’s acting president, Prime Minister Han Duck-soo, stepped down on Thursday, a sign that he plans to run to inhabit the role permanently in the June 3 presidential election.Mr. Han has indicated for weeks that he was mulling over whether to run for the June election, which was called after the impeachment and ouster of former President Yoon Suk Yeol, who had appointed Mr. Han as the No. 2 official in his administration.Mr. Han’s resignation came shortly after the country’s Supreme Court made a ruling that could jeopardize the presidential bid of Lee Jae-myung, the presidential candidate of the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDave Ripley, co-CEO of Kraken, one of the world’s biggest cryptocurrency exchanges talks to CNBC’s Arjun Kharpal about the volatility in crypto markets, what President Donald Trump means for the industry and what new regulation in the U.S. could mean for global players.29:15Wed, Apr 30 202512:33 PM EDT Source link
