Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves

Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions.

Wegovy maker Novo Nordisk down 4%, heads for worst day since October

Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment.

China's 'unprecedented' space mission blasts off to the far side of the moon to collect samples

China on Friday launched a space probe to collect samples from the far side of the moon as the global space race heats up.

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.

Japan's yen had a roller coaster week amid suspected intervention. Here's what you need to know

The Japanese yen started the week at 34-year lows against the U.S. dollar but the currency is now staring at its best week in over a year on Friday.

Trump Media auditor charged by SEC with 'massive fraud,' gets permanent ban

Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.

'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'

A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a "scapegoat."

She's worked for Nike, the NBA — and Maya Angelou. Meet abstract artist Ya La'ford

Ya La'ford has commissions until 2028 and current and former clients include the NFL, the NBA and Nike as well as celebrity musicians and TV stars.

Trump denies sleeping during trial: 'I simply close my beautiful blue eyes'

Donald Trump returned to his criminal hush money trial in New York after Judge Juan Merchan held him in contempt for violating his gag order.

AI engineers report burnout and rushed rollouts as 'rat race' to stay competitive hits tech industry

AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.

Turkey's inflation accelerates to nearly 70% in April

Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.

Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says

The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.

Britain's ruling Conservatives hit with another local defeat as general election nears

The votes are likely to be the last major political test for U.K. leader Rishi Sunak's Conservative Party ahead of a general election later this year.

Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'

A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.

Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then

Bored Ape Yacht Club NFT collection once touted by celebrities like Justin Bieber has seen its floor price decline by around 90% since its peak in 2022.

Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.

China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home

Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.

China has a 'fake gold' problem — locals are getting scammed into buying artificial jewelry 

Gold's recent rally has sparked a bullion rush, but along with it — a spike in gold scams in China.

Here's how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia

Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.

CNBC's Inside India newsletter: Will AI make or break India?

Can Teleperformance's stock plunge be the canary in the coal mine for what is likely to happen to India because of AI?

China is an enemy of the U.S. for a growing number of Americans, Pew poll shows

Americans overwhelmingly hold an unfavorable view of China, with an increasing number labeling the nation as an enemy of the U.S., according to a new survey.

Here's what to expect from the April jobs report on Friday

The Bureau of Labor Statistics report drops at 8:30 a.m. ET.

World's largest olive oil producer says the industry faces one of its toughest moments ever

Spain's Deoleo says the industry must undergo a "profound transformation" as it grapples with one of the most challenging moments in its history.

Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

Taylor Swift and Drake's label UMG strikes new licensing deal with TikTok to end spat

In a statement Thursday, UMG said the new licensing deal would lead to the return of its artists' music to TikTok.

Amgen scraps experimental weight loss pill, moves forward with injection

Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.

Trump Media pushes House to probe 8 firms over short-selling of DJT shares

Donald Trump is the majority shareholder in Trump Media and the best-known user of its Truth Social app. When DJT shares fall, his net worth can take a bit hit.

Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico

Google is laying off more employees and hiring for their roles outside of the U.S.

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's

Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.

Abu Dhabi AI firm Presight buys majority stake in technology joint venture AIQ

The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release.


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