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Boxes of medication are seen on the shelves of the Keencare pharmacy, a member of the Green Light Group, on September 19, 2024 in London, England. Leon Neal | Getty Images News | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the … Read more
Shoppers spend on Oxford Street beneath union jack flags in London’s West End, on April 3. Richard Baker | In Pictures | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and other key developments … Read more
Warren Buffett is not in the market to buy another railroad but he met with the CEO of CSX earlier this month and discussed cooperation to make freight rail more efficient, he told CNBC’s Becky Quick on Monday. Berkshire Hathaway Chairman Buffett and CEO-designate Greg Abel met with CSX CEO Joseph Hinrichs in Omaha, Nebraska, … Read more
A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks surging and Treasury yields falling.
White House economic adviser Kevin Hassett speaks next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | Reuters President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Federal Reserve chair, according to respondents to a … Read more
Tesla’s going through a bumpy ride. The electric vehicle company on Wednesday reported a second consecutive quarter of declining auto sales. In Europe, Tesla’s market share fell for the sixth straight month to 2.8% in June from 3.4% a year ago. The Trump administration’s plans to reportedly roll back the U.S.’ push for cleaner vehicles … Read more
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch One of the City’s most prominent investment bankers recently spelled out to me the challenges, as he saw them, faced by the U.K. economy. He argued that, as a country, Britain does not … Read more
The S&P 500’s record close comes despite the Trump administration’s beef with the Federal Reserve and its use of tariffs as a bargaining tool.
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch England, Napoleon Bonaparte reputedly once said, is a nation of shopkeepers. These days, he might observe that it is more a nation of administrators, insolvency practitioners and restructuring advisors. Barely a day passes … Read more
Shortly after the strikes began, the Israel’s Defense Minister Israel Katz declared a state of emergency.
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