An overview of the construction site of the Stuttgart 21 railway station project seen on May 22, 2025 in Stuttgart, Germany.Thomas Niedermueller | Getty Images News | Getty ImagesGermany’s newly minted government is looking to the private sector to help save the country’s ailing infrastructure.Economy minister Katherina Reiche called for a cash injection earlier this month:”We need speed and investments, and we need private capital,” she told CNBC. “Of all the investments we will do, 10% of them could be done with public money, we need 90% of private sector investments.”Germany has become riddled with infrastructure issues after a long…
Author: usaeverydaylife
Biotech start-up Orchid is one of the few companies offering in-vitro fertilisation (IVF) patients the option to screen their embryos for severe genetic diseases before their pregnancy begins.”This technology is going to totally reshape how people have children,” Orchid’s CEO Noor Siddiqui told CNBC’s The Edge in an interview.”I think it’s going to become an option that more and more people will choose because there’s just the opportunity to avoid a lot of catastrophic outcomes, and they don’t want to roll the dice on their child’s health,” Siddiqui added. During IVF, a woman takes fertility hormones to suppress her natural menstrual…
Bus stop advertising for Chinese fashion company Shein on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty ImagesFast fashion giant Shein’s troubles continue to mount after its much anticipated London initial public offering (IPO) reportedly hit a fresh roadblock.The e-commerce behemoth is now aiming for a Hong Kong listing after failing to receive approval from Chinese regulators for its much hyped London IPO, Reuters reported Wednesday.A London listing had been seen as a boon for the 16-year-old Chinese-founded company, providing international legitimacy and access to a deep and mature pool of Western investors. Analysts…
The Hybe Building in Seoul, South Korea.Sopa Images | Lightrocket | Getty ImagesSouth Korea’s largest K-pop agency Hybe has established its first office in China — amid signs that Beijing is lifting its unofficial ban on K-pop shows.The agency behind global sensation BTS has been preparing to establish itself in China since last year, a Hybe official said recently. Hybe’s China office — launched on April 2 and announced on Thursday — is its fourth overseas branch. But while the agency has launched local groups such as &Team in Japan and Katseye in the United States, it has no plans to…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, cryptocurrencies remain little changed as bitcoin manages to hang onto the $107,000 level. Plus, Bo Hines, White House Digital Assets Council chair, discusses the Trump Administration’s strategy for crypto. And, Robinhood CEO Vlad Tenev breaks down how blockchain could play a role in its business outside of crypto trading.18:39Thu, May 29 20253:17 PM EDT Source link
The American flag, left, and the Taiwanese flag in Taipei, Taiwan, on Thursday, Feb. 22, 2024. I-Hwa Cheng | Bloomberg | Getty ImagesThe United States plans to ramp up weapons sales to Taipei to a level exceeding President Donald Trump’s first term as part of an effort to deter China as it intensifies military pressure on the democratic island, according to two U.S. officials.If U.S. arms sales to Taiwan do accelerate, it could ease worries about the extent of Trump’s commitment to the island. It would also add new friction to the tense U.S.-China relationship.The U.S. officials, who spoke on condition of anonymity, said they expect U.S. approvals for weapons sales to Taipei over the next four years…
If you’ve ever owned a credit card before, chances are you’re familiar with the term “APR,” or annual percentage rate. For specifically credit cards, your purchase APR is essentially your interest rate, or the cost of borrowing money. But for those cardholders who pay their balance off on time and in full every month, their APR really doesn’t matter.Let’s see how managing your credit card payments can help you avoid interest entirely.How do APRs work?Credit cards often have a few different types of APRs, but purchase APR is what many people are referring to when they talk about a credit…
CNBC’s Jim Cramer said Thursday the court fight over President Donald Trump’s tariffs temporarily injects more uncertainty into the stock market — but, he argued, it ultimately could be a gift to investors who worry about the effects of the White House’s trade policy.”Even if you believe in fair trade, not free trade, as I do, you have to wonder how we’re going to get any meaningful deals now that our trading partners know the courts might invalidate the whole tariff agenda,” Cramer said on “Mad Money.” “In that sense, but only in that sense, maybe the judiciary shooting down…
The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via ReutersBEIJING — U.S.-China trade talks “are a bit stalled,” requiring the two countries’ leaders to speak directly, Treasury Secretary Scott Bessent told Fox News in an interview Thursday local time.”I believe that we will be having more talks with them in the next few weeks,” he said, adding that there may be a call between the two countries’ leaders “at some point.”After a rapid escalation in trade tensions last month, Bessent…
Cranes at the Port of Los Angeles are empty of cargo ships, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters A U.S. federal trade court striking down President Donald Trump’s “reciprocal” tariffs on a broad swathe of countries seems, on the surface, a positive development all around. A lack of tariffs leads to cheaper goods, likely more consumer spending and higher corporate revenue, which tends to flow back to stock prices.This ideal scenario, however, rests on the assumption that the court’s decision is final and the Trump administration does not have other ways of reinstating its…
