Students from Gurukul School of Art, carry a poster of Prime Minister of India Narendra Modi and U.S. President Donald Trump on India outside their school. U.S. President Donald Trump imposed a 25% tariff on India along with penalties for buying oil and military equipments from Russia.Sopa Images | Lightrocket | Getty ImagesIndia said it was being “targeted” by the U.S. and the European Union over its imports of Russian oil after U.S. President Donald Trump in an overnight social media post threatened New Delhi with much steeper tariffs.India began importing oil from Russia only after traditional supplies were diverted…
Author: usaeverydaylife
CNBC’s Steve Liesman reports on commentary about the U.S. economy from Mary Daly, president of the Federal Reserve Bank of San Francisco. Source link
The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty ImagesFitch downgrading U.S. chipmaker Intel’s credit rating by one notch Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel’s rating.Fitch downgraded Intel to BBB from BBB-plus, placing it just two notches shy of junk credit status.The downgrade follows Fitch’s assessment that Santa Clara, California-headquartered Intel faces heightened challenges maintaining demand for its products. Fitch cited growing competition from peers such as Dutch rival NXP Semiconductors, Broadcom Inc and Advanced Micro Devices.”Credit metrics remain weak and will require both stronger end markets and successful product ramps, along with net debt reduction…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team is joined by Evan Brown, head of multi-asset strategy at UBS Asset Management, to discuss why he expects a choppy market and advises investors to diversify their portfolios due to economic risk. Source link
Asia-Pacific markets open higherAsia markets started the trading day in the green.Japan’s benchmark Nikkei 225 was up 0.54%, while the Topix inched higher 0.45%.South Korea’s Kospi gained 1.77%, and the small-cap Kosdaq rose 1.83%.Australia’s S&P/ASX 200 gained 0.84%.— Lee Ying ShanOpening callsHappy Tuesday from Singapore. Asia markets are poised for a mixed open.Australia’s S&P/ASX 200 was set to start the day higher with futures tied to the benchmark at 8,701, compared with its last close of 8,663.70.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Osaka last traded at 40,610 against the index’s last close of 40,290.70.However, futures for Hong Kong’s Hang Seng Index stood at 24,708…
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 as the S & P 500 snapped a four-day losing streak, and what’s on the radar for the next session. Big industrials reporting Tuesday morning Caterpillar has gained about 34% over the past three months. The stock hit a high last week. CNBC stock watcher Adrian van Hauwermeiren made the astute observation that this stock was up by double digits in…
CNBC’s “Fast Money” team discusses Figma as its stock sinks more than 20% after last week’s IPO pop. Source link
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) The dip-buying impulse remains intact. Bespoke Investment Group reports that 2025 has been the second-most-profitable year since 1993 when blindly buying the S & P 500 after a down day. The market treating Friday’s setback as a standard seasonal shakeout for now: Overbought indexes, a bit of speculative froth and complacency about the state of the economy under tariffs set us up for a bit of a jolt, then came Friday’s tumble accompanied by a pop in the…
President Donald Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week’s jobs report “was rigged” without providing any evidence.But former Labor Statistics officials say that the commissioner typically doesn’t have a role in preparing the monthly jobs report.”There’s no way for that to happen,” said William Beach, Trump’s nominee to be BLS commissioner during his first term, in a Sunday interview on CNN.”The commissioner doesn’t do anything to collect the numbers. The commissioner doesn’t see the numbers until Wednesday before they’re published. By the time the commissioner sees the numbers, they’re all prepared. They’re locked…
The final trades of the day with CNBC’s Melissa Lee and the “Fast Money” traders. Source link
