timef 07/22/2025
- Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence cnbc.com2025-07-22 21:58:43
El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the Wall Street consensus.
- Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm cnbc.com2025-07-22 21:28:50
Treasury Secretary Scott Bessent said the U.S. is likely to hash out an extension of President Donald Trump's upcoming trade deadline with China.
- These charts show just how hard Trump’s tariffs are hitting Europe’s auto giants cnbc.com2025-07-22 20:38:30
Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have started to take their toll.
- China's affluent are as pessimistic about the economy as they were during the Covid-19 pandemic cnbc.com2025-07-22 17:25:59
A study of affluent Chinese by Oliver Wyman found 22% of respondents were negative about the economy when surveyed in May, just above the 21% in October 2022.
- Clout wars: Jensen Huang eclipses Elon Musk and Tim Cook in Washington cnbc.com2025-07-22 17:14:26
Jensen Huang has established himself as America's most influential tech leader, assuming a role once occupied by Apple's Tim Cook, many tech experts say.
- How Europe's 'trade bazooka' could be a last resort against Trump's tariffs cnbc.com2025-07-22 17:03:03
Brussels appears to be preparing to deploy its "Anti-Coercion Instrument" to try to deter looming 30% trade tariffs on its exports to the U.S.
- AstraZeneca to invest $50 billion in the U.S. as pharma tariffs weigh cnbc.com2025-07-22 15:01:48
AstraZeneca said the "cornerstone" of the commitment would be a new weight management production facility for its oral GLP-1 drug.
- CNBC Daily Open: Investors look away from the Trump administration's call to relook the Fed cnbc.com2025-07-22 14:30:01
The S&P 500's record close comes despite the Trump administration's beef with the Federal Reserve and its use of tariffs as a bargaining tool.
- The race to roll out solid-state batteries is picking up steam again cnbc.com2025-07-22 13:03:34
Sometimes referred to as the "holy grail" of sustainable driving, proponents say the tech offers safer, cheaper and more powerful batteries for EVs.
- CNBC Daily Open: Investors dismiss Trump administration's beef with the Fed — S&P hits new high cnbc.com2025-07-22 09:27:50
The S&P 500's record close comes despite the Trump administration's beef with threats on the Fed and its use of tariffs as a bargaining tool.
- New Astronomer CEO gives first statement since Coldplay kiss-cam scandal cnbc.com2025-07-22 03:30:18
Pete DeJoy, who was named interim CEO of Astronomer over the weekend, made his first public comments about his new gig in a post Monday.
- Figma IPO could value design software maker at $16 billion cnbc.com2025-07-22 00:01:07
Figma disclosed preliminary results for the second quarter showing revenue growth between 39% and 41% year over year.
- Bessent: Imposing Aug. 1 tariffs 'will put more pressure' on trade partners for deals cnbc.com2025-07-21 23:00:43
The Treasury secretary and Commerce Sec. Howard Lutnick both seem to view Aug. 1's steep tariffs as added leverage in talks that will continue past that date.
