Microsoft laying off about 9,000 employees in latest round of cuts
Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.
A bare-bones deal is Europe's best hope in trade talks with the U.S., sources say
The U.S. and EU are down to the wire to strike a so-far elusive trade agreement by early July.
UK government borrowing costs spike amid tensions in ruling Labour party
Pressure has been piling on the Labour government, which has been seeking to reform its social benefits program.
UK borrowing costs spike amid doubts over finance minister's future
U.K. government borrowing costs spiked amid question marks over the political future of Finance Minister Rachel Reeves and Britain’s fiscal credibility.
AI virtual personality YouTubers, or VTubers,' are earning millions
One of the most popular gaming YouTubers is named Bloo, but he isn’t a human — he’s a fully virtual personality powered by artificial…
ECB Ends Easing Cycle, But The Eurozone Crisis Is Just Beginning
The European Central Bank has reached the end of its rate cycle - and has become ensnared in the ver
Mortgage refinance demand surges, as interest rates drop further
Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.
Amazon deploys its 1 millionth robot in a sign of more job automation
Amazon announced its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model.
Santander doubles down on UK presence amid Spain's banking M&A turmoil
Santander is bolstering its British foothold with the proposed acquisition of TSB, despite the recent underperformance of its own U.K. branch.
Treasury yields rise as investors weigh Trump's big beautiful bill'
U.S. Treasury yields rose on Wednesday as investors weighed the impact of President Donald Trump’s “big beautiful bill” which passed the…
Treasury yields rise as investors weigh Trump's megabill
U.S. Treasury yields rose on Wednesday as investors weighed the impact of President Donald Trump’s “big beautiful bill” which passed the…
10-year Treasury yield remains higher despite weak ADP jobs report
ADP private payrolls data showed a decline of 33,000 jobs in June. Economists were expecting a gain of 100,000 jobs, according to Dow Jones.
UK's popular sausage roll seller plunges 15% as heatwave hurts sales
Shares of the bakery chain plunged around 15% Wednesday after the company said unseasonably hot weather had hit customer footfall and dented sales in June.
CNBC Daily Open: Tariffs led us down a different timeline for interest rates
It might help to think that if U.S. President Donald Trump hadnt introduced tariffs, his other policies could have also pushed inflation forecasts higher.
European markets set to open higher as traders assess global trade, economic outlook
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European stock markets higher; Spectris up 5% on KKR takeover deal
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Wind power firms Vestas and Orsted jump on U.S. bill update
Join CNBC for live updates on European markets.
European stock markets higher; UK bond yields soar amid ruling party turmoil
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CNBC Daily Open: Lower U.S. interest rates？ The could-have-beens hurt the most
It might help to think that if U.S. President Donald Trump hadnt introduced tariffs, his other policies could have also pushed inflation forecasts higher.
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
Tesla shares dropped 7% from Friday’s closing price of $323.63 to the $300.71 close on Tuesday ahead of the company’s second-quarter deliveries…
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