How Putin could try to outmaneuver Trump when they meetFILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | ReutersRussian President Vladimir Putin’s standing in the West may be pretty low, but he’s a skilled and seasoned statesman who shouldn’t be underestimated, analysts say — and he’s likely to be looking to outmaneuver his less experienced U.S. counterpart when the leaders meet in Alaska on Friday.Putin and U.S. President Donald Trump are meeting to try to negotiate an end to…
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Russian President Vladimir Putin’s standing in the West may be pretty low, but he’s a skilled and seasoned statesman who shouldn’t be underestimated, analysts say — and he’s likely to be looking to outmaneuver his less experienced U.S. counterpart when the leaders meet in Alaska on Friday. Putin and U.S. President Donald Trump are meeting to try to negotiate an end to the war in Ukraine, but close followers of Moscow’s leadership are skeptical that any lasting resolution will be reached at the summit. “Let’s be clear, Putin does not take Trump seriously,” Tina Fordham, founder of Fordham Global Foresight,…
Voltify plans to build a series of energy microgrids to power its locomotive batteries, as shown in this computer-generated image.VoltifyDaphna Langer has a bold ambition: To decarbonize the rail industry in less than a decade.How? By convincing U.S. freight railroad companies to switch from diesel power to rechargeable batteries — part of a business model Langer estimates could make her company, Voltify, as much as $10 billion a year.The rail industry needs to reduce its emissions by 5% a year by 2030 to reach net-zero goals, according to a 2023 report by the International Energy Agency. In addition, switching to…
Customers buying groceries at a supermarket in Singapore.Bloomberg | Bloomberg | Getty ImagesSingapore’s reputation for financial prudence and high savings is showing signs of strain. Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed. “At the end of every month, when my salary is in, I use it to pay my credit bills, parents’ allowance, insurances and investments,” said 32-year-old Singaporean Jovan Yeo, who works for a digital bank services firm. “After all these, my salary is back to zero again, with nothing much to save,” he said, adding that other expenses go…
An Amazon worker on the picket line during a strike over pay at the Amazon.com Inc. fulfilment center in Coventry, U.K., on Feb. 28, 2023.Bloomberg | Bloomberg | Getty ImagesArtificial intelligence has emerged as a key tool for companies to drive growth — and reduce labor costs —particularly as pressure mounts for businesses to remain competitive.Companies in industries ranging from cloud software to fast food to e-commerce have internally deployed AI tools to to improve productivity, customer experience and supply chains. AI is also leading to less reliance on human labor in some spaces, particularly entry level jobs and positions…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe ‘Fast Money’ traders weigh in on Treasury Secretary Bessent comment that Fed rates should be sharply lower and what that would mean for equities. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, ether inches closer to its 2021 all-time high while bitcoin reclaims the $120,000 level. Plus, crypto exchange Bullish soars after its public debut on the New York Stock Exchange. And, Ben Gagnon, CEO of Bitfarms, breaks down the crypto miner and AI infrastructure company’s second quarter earnings.09:22Wed, Aug 13 20253:00 PM EDT Source link
CNBC’s Rick Santelli joins ‘Fast Money’ to discuss what’s next for rates from here. Source link
China and Hong Kong stocks open mixedChinese and Hong Kong stocks traded mixed Thursday. As of 9:32 a.m. local time (9:32 p.m. ET Wednesday), the Hang Seng Index rose 0.58%, while mainland’s CSI 300 was flat.Asia-Pacific markets start the day mixedAsia-Pacific markets opened mixed Thursday.Japan’s Nikkei 225 benchmark fell 0.31%, reversing course from its record high close in the previous session. Meanwhile, the broader Topix index lost 0.64%, as of 8:05 a.m. Singapore time (8:05 p.m. ET Wednesday).In South Korea, the Kospi index added 0.39%, while the small-cap Kosdaq was flat.Over in Australia, the S&P/ASX 200 benchmark increased by 0.49%.— Amala BalakrishnerBitcoin rises to…
David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025.Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ.U.S. President Donald Trump criticized Goldman on Tuesday for predicting that tariffs would push up inflation, and said Solomon “should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ.”In response, Goldman defended the results of its study, according to a…
