Coils, coiled copper wires, lie on pallets in the wire plant (coiler) at Aurubis AG.Picture Alliance | Picture Alliance | Getty ImagesU.S. President Donald Trump has slammed an appeals court decision to temporarily block a land transfer needed by mining giants Rio Tinto and BHP to develop what is slated to become one of the country’s biggest copper mines.In a post on social media platform Truth Social on Tuesday, Trump said the latest setback to Arizona’s Resolution Copper mine would impact thousands of jobs at a time when the world’s largest economy “quite simply, needs Copper — AND NOW!”His comments…
Author: usaeverydaylife
Sales of Tesla’s flashy Cybertruck are a fraction of the more than 1 million reservations the company had a month before deliveries began rolling out in November 2023.So far, U.S. sales total just over 52,000 units, according to Cox Automotive.”It’s a really remarkable vehicle,” said Sean Tucker, executive editor of Cox Automotive. “I quite like the design, but then I tend to quite like anything that stands out. And it certainly stands out.”The Cybertruck’s futuristic design caught attention but had limited appeal, especially with truck buyers.The truck’s specifications also fell short of those Tesla advertised early on, and in some…
An aerial view shows people cooling off on a beach in Qingdao, in eastern China’s Shandong province on August 18, 2025. -Str | Afp | Getty ImagesThis report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.The big storyEven if AI and robots offer an exciting future, the daily grind for many in China holds…
Matt Duffer and Ross Duffer attend “Stranger Things” and Award Presentation To The Duffer Brothers (Variety Showrunner Award) during Day 1 of the 13th SCAD TVfest on February 05, 2025 in Atlanta, Georgia.Paras Griffin | Getty Images Entertainment | Getty ImagesThe masterminds behind the hit Netflix series “Stranger Things” have inked a new deal.The Duffer Brothers, the creative team of Matt and Ross Duffer, signed an exclusive four-year agreement with Paramount, newly merged with Skydance, for feature films, television and streaming projects.Financial terms of the deal were not disclosed.The Duffer Brothers’ contract with Netflix ends in April 2026. Upon that…
Cargo containers stacked aboard a ship at the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025.Str | Afp | Getty Images Tariff-related ruction appears to be settling down, but U.S. President Donald Trump is still reshaping global trade and industry — and everyday life.After the Trump administration hinted it could be open to Nvidia exporting more powerful chips to China after their revenue-sharing agreement, the semiconductor darling was reported to be developing a new chip for Beijing.And Intel’s bounty from the CHIPS Act, formalized by the previous administration under Joe Biden, might come with a price tag…
Geopolitics, currency moves and extreme weather are increasingly playing into tourists’ considerations for their next vacation and affecting classic holiday destinations.Staple European spots France, Spain and Croatia, for example, have been facing record-breaking heat in recent weeks, which triggered wildfires in some locations. Conflict in the Middle East has meanwhile meant that tourists in nearby Cyprus were able to see missiles and smoke in the sky from the beach.Sluggish economic growth and inflationary fears, largely linked to U.S. President Donald Trump’s tariff policies, appear to be making consumers more cautious with their spending.U.S. travelers are cutting back on summer Europe…
This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and other key developments you won’t want to miss. Like what you see? You can subscribe here.The dispatchEpisodes in which the mighty KKR receives a bloody nose are collector’s items — but we had one in the U.K. last week.The private equity giant was thwarted in an attempt to buy Assura, a property company that owns more than 600 doctor’s surgeries and medical centers.Shareholders instead accepted a £1.8 billion ($2.4 billion) rival offer in…
Chinese Foreign Minister Wang Yi wrapped up his two-day trip to India on Tuesday — the latest sign of warming ties between Beijing and New Delhi. During his visit, Wang said India and China should “view each other as partners and opportunities rather than adversaries or threats,” according to a readout from the Chinese Foreign Ministry translated by Google. In the readout, Wang also said the meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi in October 2024 marked a “restart” in China-India relations. Contrast that with the souring of U.S.-India relations over the past few months.…
In an aerial view, a Target store is seen on August 11, 2025 in Austin, Texas. Brandon Bell | Getty ImagesTarget will report fiscal second-quarter earnings before the bell on Wednesday, as investors look for signs that the struggling discounter is getting back on track.Here’s what Wall Street expects for the company’s most recent three-month period, according to a survey of analysts by LSEG:Earnings per share: $2.03 expectedRevenue: $24.93 billion expectedThe Minneapolis-based retailer’s annual sales have been roughly stagnant for about four years. Shares of Target have tumbled about 60% from their all-time high in late 2021.The big-box retailer’s problems…
A Facebook data center in Prineville, Oregon.Meg Roussos | Bloomberg | Getty ImagesAmericans are deeply concerned over the prospect that advances in artificial intelligence could put swaths of the country out of work permanently, according to a new Reuters/Ipsos poll.The six-day poll, which concluded on Monday, showed 71% of respondents said they were concerned that AI will be “putting too many people out of work permanently.”The new technology burst into the national conversation in late 2022 when OpenAI’s ChatGPT chatbot launched and became the fastest-growing application of all time, with tech heavyweights like Facebook owner Meta Platforms, Google owner Alphabet and Microsoft offering their own AI products.While at present there are few signs of…
