News

Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
There’s a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or “involution.” ...
CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
The ADP and Fed reports can give an insight into the economy, but they could also be skewed by the vantage point of the ...
British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
Wise said in its full-year earnings statement that it will move to a dual listing, with its main listing hub shifting to the ...
ICE arrests record number of immigrants in single day, including hundreds at scheduled appointments
Many of the people arrested at appointments had been released under a program for those deemed not to be threats to public ...
Citi plans to slash 3,500 tech roles in China as global banks cut costs
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic ...
‘Dance Moms' star Abby Lee Miller says catheter was left in her abdomen for years, sues hospital
Miller is suing prominent Los Angeles' Cedars-Sinai hospital for nearly $1.5 million in damages in connection with a surgery ...
Shein and Temu see U.S. demand plunge on ‘de minimis' trade loophole closure
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de ...
Auto industry sounds the alarm as China's rare earth curbs start to bite
China's Ministry of Commerce in early April imposed export restrictions on several rare earth elements and magnets widely ...
‘We want WrestleMania to come to London': Mayor makes pitch to WWE legend Triple H
Triple H looks on during WrestleMania 41 Saturday at Allegiant Stadium on April 19, 2025 in Las Vegas, Nevada. London Mayor ...
European stocks set to open higher as ECB widely expected to cut interest rates
Futures data from IG suggests London's FTSE will open 4 points higher at 8,802, Germany's DAX up 22 points at 24,276, ...
Oilers' Leon Draisaitl scores OT winner vs. Panthers in Stanley Cup Final Game 1
Leon Draisaitl scored on the power play in overtime, Stuart Skinner made 29 saves and the Edmonton Oilers erased a multigoal deficit to beat the defending champion Florida Panthers 4-3 in Game 1 of ...
Trump bans citizens of 12 countries from entering the U.S.
The Trump Administration signed a proclamation Wednesday suspending entrance to the U.S. for citizens from 12 countries.