timef 08/22/2025

President Donald Trump said Friday he will fire Federal Reserve Governor Lisa Cook if she does not resign from her position.

Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.

The U.S. and European Union shared an updated trade framework on Thursday, granting businesses some much needed clarity

FBI Director Kash Patel tweeted “NO ONE is above the law… @FBI agents on mission" as agents searched the home of Bolton in Bethesda, Maryland.

Claims of a mass exodus of wealthy non-doms in response to tax rises may be overblown.

Nvidia's issues in China are mounting, even after the U.S. government approved the H20 for export to the Asian country.

Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown "next generation" chips to support its AI development.

Europe-listed shares look set to open lower on Friday.

In a typical year, Jackson Hole sparks excitement mostly among market watchers. This time, the symposium feels more pivotal.

Nio's U.S.-listed shares rallied, climbing 9.27% to close at $5.54. In Hong Kong, shares rose as much as 10% in Friday morning trading.

That comes after a Nikkei Asia report on Thursday that stated that the automakers are "passing some of the expense of U.S. tariffs."

"There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of products," one analyst told CNBC.

China's gaining momentum in its ambitions to further its lunar agenda, locking Beijing in an increasingly tight space competition with Washington.

Nvidia's Jensen Huang made a visit to Taiwan on Friday, where he showered praise on TSMC, calling it one of the greatest companies in history.

India and Russia reaffirmed plans to expand trade, with New Delhi seeking to boost exports to narrow its deficit with Moscow.

In early 2025, xAI CEO Elon Musk asked Meta's Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI, new court filings revealed.

Nvidia has reportedly told some of its component suppliers to suspend production work for its made-for-China H20 general processing units.

OpenAI confirmed on Thursday that Julia Villagra, the company's chief people officer, is leaving at the end of the week.

In a typical year, Jackson Hole sparks excitement mostly among market watchers. This time, the symposium feels more pivotal.

Alphabet and Meta compete in online advertising, but Meta needs more data center infrastructure as it pursues artificial intelligence growth.

The figure — which strips out costs for fresh food — was higher than the 3% expected by economists polled by Reuters.

Asia-Pacific markets were set to mostly climb Friday as investors look to Federal Reserve Chair Jerome Powell's speech.

In an exclusive interview with CNBC, Quan Gang, president of China's Roborock, said human-like robots will become part of many households by 2030.

Workday exceeded estimates for earnings and revenue and issued guidance that was largely inline with what Wall Street expected.

Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave.