timef 06/03/2025
- Ford reports 16% sales increase in May amid employee pricing, tariffs cnbc.com2025-06-03 21:30:27
Ford on Tuesday reported a 16.3% year-over-year sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs.
- Alaska Airlines to make Europe debut with Rome flights next year cnbc.com2025-06-03 21:07:54
Alaska Airlines is planning to offer flights to Rome
- Klarna takes on banks with debit card as it diversifies beyond buy now, pay later cnbc.com2025-06-03 19:04:26
The Swedish fintech has been trying to shift its image from "buy now, pay later" poster child to a more all-encompassing banking player.
- UK growth to be reined in by public finance squeeze, OECD warns cnbc.com2025-06-03 18:56:48
The U.K.'s economic growth is expected to stay modest while the country's public finances remain squeezed, the OECD said Tuesday.
- AI, trade and $24 socks: Inside the inaugural SXSW in London cnbc.com2025-06-03 18:21:23
London Mayor Sadiq Khan opened the event and touted the U.K. capital as a key tech and investment hub, while also taking veiled swipes at U.S. trade policy.
- Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target cnbc.com2025-06-03 17:12:23
Economists polled by Reuters had been expecting the May reading to come in at 2%, which is the European Central Bank's target.
- Dutch government collapses after far-right party leaves coalition over immigration proposals cnbc.com2025-06-03 15:57:09
The Party for Freedom won a landslide victory in the Netherlands' general election in 2023.
- U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook cnbc.com2025-06-03 15:00:04
The U.S. economy is now expected to expand by just 1.6% in 2025, while the global economy is set to grow by 2.9%.
- CNBC Daily Open: Elon Musk's companies aren't fully self-driving and await his steering cnbc.com2025-06-03 14:30:42
Like Tesla's promised full self-driving feature, Musk's firms aren't completely autonomous and need a steady — and ideally "super focused" — hand to guide them.
- China's May factory activity unexpectedly shrinks, clocking its worst drop since 2022: Caixin cnbc.com2025-06-03 10:08:19
China has grappled with entrenched deflationary pressure, as a prolonged real estate downturn and job insecurity hampered investment, consumer spending.
- CNBC Daily Open: Elon Musk's companies report positive developments amid his return to work cnbc.com2025-06-03 08:50:02
Like Tesla's promised full self-driving feature, Musk's firms aren't completely autonomous and need a steady— and ideally "super focused" — hand to guide them.
- Trump administration is convinced massive Alaska energy project will find investors despite steep cost cnbc.com2025-06-03 05:44:50
President Donald Trump is pushing Japan and South Korea to invest in Alaska LNG, threatening them with higher tariffs.
- In China, 'The Great American' burger is now made with Australian beef cnbc.com2025-06-03 05:26:56
But the 90-day tariff pause agreed by China and the U.S. in Geneva in May is now under threat as both sides have accused each other of breaching the terms.
- Robinhood's $200 million Bitstamp deal takes it beyond retail trading cnbc.com2025-06-03 05:02:19
Robinhood will keep Bitstamp’s operations intact for now, using the exchange for smart order routing and expanding its presence across Europe, the UK and Asia.
- Snowflake to buy database startup Crunchy Data for about $250 million cnbc.com2025-06-03 04:47:15
Snowflake will pay about $250 million, a person familiar with the matter told CNBC.
- Elon Musk's Neuralink raises $650 million in fresh capital cnbc.com2025-06-03 03:48:16
Neuralink is building a brain-computer interface, or a BCI, which is a system that translates brain signals into commands for external technologies.
- White House 'close to the finish line' on some trade deals, says Treasury official cnbc.com2025-06-02 23:14:06
President Donald Trump in April paused his reciprocal tariffs on most U.S. trade partners for 90-days, pushing implementation of the steep levies to early July.
- Amazon's pricing controls may be anticompetitive, German regulator warns cnbc.com2025-06-02 23:11:37
Regulators alleged that Amazon's price caps limit the visibility of merchants' products and interfere with their freedom to set prices.
- Steel stocks surge after Trump doubles steel tariffs, Cleveland Cliffs jumps more than 20% cnbc.com2025-06-02 21:37:28
Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.
