San Francisco Financial Advisor Arrested in $9.5M Ponzi Scheme
Federal prosecutors charge Edwin Emmett Lickiss Jr. in a $9.5M Ponzi scheme involving fake investments, wire fraud, and money laundering across California and Idaho.
Israeli Businessman Arrested in Morocco Over Forex Fraud
An Israeli businessman faces extradition to Germany after his arrest in Morocco, charged with defrauding German investors in a forex scam. Interpol issued the arrest warrant.
Trump: Global baseline tariff will likely be 15% to 20%
The figures are significant because they represent a major increase from the 10% baseline tariff Trump announced in April of this year.
LNG stocks jump after European Union agrees to massive U.S. energy purchases
The energy purchases are a key component of a trade deal struck between the EU and U.S. over the weekend.
Chile Bumps Up Copper Price Forecast and Flags Lagging Collahuasi Output
Chile, the world's leading copper supplier, has revised its copper price forecast upward for 2025. The government now projects an average price of $4.28 per pound, representing an increase from its previous estimate of $4.26 per pound. This adjustment reflects ongoing market dynamics and global demand patterns affecting the red metal.
Anglo American Q2 2025 Production: Copper and Iron Ore Excel
Anglo American's second quarter production report for 2025 highlights significant operational achievements across its core portfolio, particularly in copper and iron ore assets. The company continues executing its strategic portfolio simplification while maintaining strong performance in key commodities despite challenging market conditions.
Mark Cuban: I spent under $20 to launch a business at age 24, and it failed in a month—what I learned about operating with no money
Before Mark Cuban became a tech billionaire, he gave up on a venture selling powdered milk after just one month. Here’s what the experience taught him.
China's latest AI model claims to be even cheaper to use than DeepSeek
Startup Z.ai, formerly known as Zhipu, announced Monday a new, low-cost AI model as Chinese companies race to stay at the frontlines of the tech.
Quantum computing firm IonQ hires former JPMorgan Chase applied research head
IonQ is one of the larger examples of pure-play quantum firms; it and competitors including Rigetti and D-Wave have seen their shares surge in the past year.
European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
Spirits stocks pared reversed early gains Monday as uncertainty around their tariff exposure seeped in.
A breakthrough and a burden？ What the U.S.-EU trade deal means for the auto sector
U.S. President Donald Trump hailed the framework trade agreement with the European Union as one that promises to be “great for cars.”
Does XS.com Hold Leading Forex Regulatory Licenses?
XS.com secures top forex regulatory licenses from LFSA, SFSA, and ASIC. Plus, the broker earns a strong rating on WikiFX, ensuring a trusted trading platform.
Treasury yields tick lower as investors look ahead to Fed's interest rate decision
U.S. Treasury yields were lower on Monday as investors anticipated the Federal Reserve’s interest rate decision later this week.
Treasury yields flat as investors look ahead to Fed's interest rate decision
U.S. Treasury yields were lower on Monday as investors anticipated the Federal Reserve’s interest rate decision later this week.
European stocks rise to four-month high after the U.S. and EU strike trade agreement
Join CNBC for the latest news on what’s moving European markets.
European stocks set to rise after the U.S. and EU strike trade agreement
Join CNBC for the latest news on what’s moving European markets.
CNBC Daily Open: A week when everything happens
These five days will basically be the Olympics for market watchers. And looming over them is Trump’s August 1 deadline for his new tariffs.
Samsung Electronics signs $16.5 billion chip-supply contract in boost to foundry business; shares rise
Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.
Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.
Samsung Electronics signs $16.5 billion chip-supply contract; shares rise
Samsung Electronics shares opened 3.5% higher after the company disclosed a $16.5 billion contract to supply semiconductors to a major global corporation.
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