timef 05/08/2025

"A U.K.-U.S. trade agreement is very welcome... But the U.K. is a very open economy," Andrew Bailey told CNBC.

President Trump imposed "reciprocal" tariffs on nearly all other countries, but quickly paused them to allow time to negotiate trade agreements with the U.S.

"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.

The EU has paused an initial set of retaliatory measures — a response to U.S. duties of 25% on steel and aluminum — to enable negotiations.

The Bank of England's interest rate cut on Thursday will bring a sigh of relief for borrowers, businesses and hard-pressed consumers across the country.

The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it's kept it on hold since December.

Beijing's stimulus push came as trade talks with U.S. officials has raised the prospect of partial roll-back of tariffs on Chinese good.

U.S. President Donald Trump has, on several occasions, referred to India as the "tariff king," but now New Delhi stands ready to abdicate its throne.

Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs "are likely" to lead to a downturn in economic conditions.

Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.

Chinese defense stocks surged after Pakistan's apparent use of China-made weapons to down Indian jets.

Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year profit guidance.

Russia's friends in Eastern Europe say EU plans to end all Russian gas and energy imports are tantamount to "economic suicide" and a threat to energy security.

NYT reported that the details around the deal were not clear, and it was uncertain if both sides will sign a finalized deal or a framework

As a seriously non-technical person, I challenged myself to a two-day AI coding boot camp that promised I'd be able to build a fully functional app in 48 hours.

Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.

Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs "are likely" to lead to a downturn in economic conditions.

AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.

Former Sen. David Perdue assumes his posting ahead of a weekend of talks aimed at de-escalating tensions between Washington and Beijing.

Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.

Applovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.

President Trump called the tension between India and Pakistan on the heels of the massacre in Kashmir "terrible."

CrowdStrike, which has found gains from artificial intelligence in sales, recruiting and other areas, is cutting about 5% of its workforce.

China said earlier it will enter upcoming talks in Switzerland with Treasury Secretary Scott Bessent “firmly” opposed to Trump's tariff hikes.

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.

The name of the body of water has long been a point of contention for many Arab countries.

"There should be a balance between export controls for national security as well as ensuring that we get the widest possible adoption," she said.

Trade Commissioner Sefcovic said the EU continued to "prepare for any scenario" if current trade talks fail.

Eddy Cue, Apple's services chief, said he believes AI services will eventually replace standard search engines like Google, according to a Wednesday report.