Trump’s cuts continue sweeping through the US government, and even the penny is not spared

Rolls of US pennies are seen in this photo illustration in Washington, DC, February 10, 2025.  Saul Loeb | Afp | Getty Images It’s been just over three weeks into the second term of U.S. President Donald Trump, and the flurry of announcements from the White House shows no sign of abating. The administration is … Read more

Markets aren’t as keen on Trump and AI as before

The Russel Metals industrial facility seen in Nisku, Alberta, Canada, on Feb. 7, 2025.  Artur Widak | Nurphoto | Getty Images The excitement over artificial intelligence and U.S. President Donald Trump’s perceived friendliness to the stock market buoyed up investor sentiment as recently as December. In 2025, it seems those animal spirits have somewhat evaporated. … Read more

Global central banks are cutting rates — the Fed might not be as inclined

The Bank of England on 6 Feb. 2025, in London, England. Richard Baker | In Pictures | Getty Images The Bank of England lowered interest rates by 25 basis points on Thursday, following the European Central Bank’s cut of the same amount on Jan. 30. The Reserve Bank of India is also widely expectedly to … Read more

Stock gains signal calm, but listen to Fed officials

The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Sunday, Jan. 12, 2025.  Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might lead investors to think that it’s business as usual. The market’s … Read more

Australia and Japan markets rise

Cityscape image of Sydney, Australia with Harbor Bridge and Sydney skyline during sunset. Vacation and travel in Australia. Prasit Photo | Moment | Getty Images Japan and Australian stocks rose Wednesday as Wall Street rebounded overnight, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Japan benchmark Nikkei 225 rose 0.76%, while the … Read more

European markets assess the impact of Trump 2.0, Davos in focus

LONDON — European stocks are expected to open slightly higher Tuesday as traders digest the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The U.K.’s FTSE index is seen opening 10 points higher at 8,531, Germany’s DAX up 4 points at 21,004, France’s CAC 40 7 points higher at 7,740 and … Read more

What to look out for as Trump 2.0 era starts

U.S. President Donald Trump during a rally at Capital One Arena ahead of the 60th presidential inauguration in Washington, DC, US, on Sunday, Jan. 19, 2025.  Al Drago | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

A global bond sell-off is deepening as investors pare Fed rate cut expectations

The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee. Brooks Kraft | Getty Images A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs for consumers and businesses around the world. Bond yields … Read more

A missing Santa Rally isn’t necessarily bad news

Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City.  Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Asian markets set to resume trading after New Year’s Day holiday

Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asian stocks traded mixed on Thursday as several major markets resumed trading after New Year’s Day holiday. China’s Caixin/S&P Global manufacturing purchasing managers’ index for December fell to 50.5, missing economists’ forecast of 51.7 in a Reuters poll. PMI … Read more