timef 06/10/2025
- World Bank sharply cuts global growth outlook on trade turbulence cnbc.com2025-06-10 23:24:58
"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said of its forecast.
- U.S. travelers are cutting back on summer Europe trips — but Chinese tourists are making up for it cnbc.com2025-06-10 21:01:50
Concerns about higher costs and political perceptions weighed on U.S. travel sentiment, the European Travel Commission said.
- Where the axe might fall during the UK's spending review cnbc.com2025-06-10 18:54:09
U.K. watchers are waiting to see where the axe falls when it comes to individual government departments' budgets.
- Microsoft-backed AI lab Mistral is launching its first reasoning model in challenge to OpenAI cnbc.com2025-06-10 17:44:08
French AI firm Mistral will release its first reasoning model Tuesday, taking on the likes of OpenAI and China’s DeepSeek.
- Aerospace giant Rolls-Royce to build Britain’s first small modular nuclear reactors cnbc.com2025-06-10 17:11:56
British aerospace group Rolls-Royce on Tuesday received backing from the U.K. government to build the country's first small modular nuclear reactors.
- Uber taps AI firm Wayve to pilot fully driverless rides in the UK cnbc.com2025-06-10 16:39:22
The ride-hailing app said the pilot would be the first of its kind for the company, as it allow users to take Uber rides without a safety driver present.
- 'Collateral damage': Fund managers lobby Congress over Section 899 to avert foreign investors leaving the U.S. cnbc.com2025-06-10 16:19:42
The Investment Company Institute says President Donald Trump's tax bill impacts most foreign investments in U.S. stocks, according to documents seen by CNBC.
- Bulgaria is set to join the euro zone. But its citizens aren't convinced cnbc.com2025-06-10 15:57:08
The European Commission and European Central Bank have signed off on Bulgaria joining the euro zone.
- China’s rare-earth mineral squeeze puts defense giants in the crosshairs cnbc.com2025-06-10 15:56:35
The auto industry has been hit particularly hard by China's rare earth export restrictions, but analysts warn Western defense giants are also vulnerable.
- CNBC Daily Open: 'Good reports' from U.S.-China talks could push S&P 500 to new high, analysts say cnbc.com2025-06-10 14:30:01
If the U.S.-China talks go well, there's a chance the S&P 500, only around 2% off its February high, could reach a new peak, according to JPMorgan.
- Temu and Shein are pivoting to Europe to deal with U.S. tariffs. But they may not get a warm welcome cnbc.com2025-06-10 14:22:35
Temu and Shein's business shift from the U.S. to Europe could be at risk as the e-commerce companies encounter familiar regulatory scrutiny.
- Trump authorizes deploying 2,000 more National Guard troops to LA cnbc.com2025-06-10 09:06:55
President Donald Trump is "unhinged right now," said Gov. Gavin Newsom said, arguing that federalizing National Guard troops for the protests was illegal.
- CNBC Daily Open: If U.S.-China talks go well, analysts think the S&P 500 could hit new high cnbc.com2025-06-10 08:55:30
If the U.S.-China talks go well, there's a chance the S&P 500, only around 2% off its February high, could reach a new peak, according to JPMorgan.
- Apple's WWDC underwhelms on AI, but software gets biggest facelift in over a decade cnbc.com2025-06-10 07:42:58
Apple investors waiting for the company to make a big push in artificial intelligence didn't have much reason for excitement at WWDC.
- China’s homegrown coffee giants are brewing up a U.S. expansion cnbc.com2025-06-10 07:12:33
Luckin Coffee is set to take its most significant international leap yet with plans to open a branch in lower Manhattan.
- Disney to pay Comcast $438.7 million to take full control of Hulu, ending lengthy valuation process cnbc.com2025-06-10 05:29:43
Disney will pay Comcast an additional $438.7 million to acquire its stake in streaming service Hulu.
- Crypto CEO accused of laundering $500 million linked to sanctioned Russian banks cnbc.com2025-06-10 04:51:15
The Justice Department says Gugnin maintained ties to Russian intelligence, as well as officials in both Iran and Russia.
- FDA approves Merck’s RSV shot for infants, ramping up competition with Sanofi and AstraZeneca cnbc.com2025-06-10 03:32:09
Merck's shot will compete against a similar blockbuster treatment from Sanofi and AstraZeneca called Beyfortus.
- OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth cnbc.com2025-06-10 01:02:31
OpenAI is now generating $10 billion in annual recurring revenue, according to a company spokesperson
- CEO recession expectations decline from April scare, survey says cnbc.com2025-06-10 00:33:37
The latest poll showed less than 30% of CEOs expected some sort of recession or slowdown over the next six months.
