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Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility.”We won’t negotiate because the stock market is going down” or shy away from taking strong measures against Beijing for that reason, Bessent said in an exclusive interview at CNBC’s Invest in America Forum.”We will negotiate because we are doing what is best economically for the U.S.,” he said.Bessent also pushed back on a report in The Wall Street Journal overnight that Chinese President Xi Jinping is “betting that the U.S. economy can’t absorb a prolonged trade conflict” with…

Which top performers are flying under the radar in the Premier League so far this season? We pick an Unsung Heroes XI…GK – Dean Henderson Image: Konstantinos Mavropanos wins a header but his effort is saved by Dean Henderson Henderson has been an integral part of Crystal Palace’s recent club-record unbeaten run. The 28-year-old shot stopper started 18 of Palace’s 19 unbeaten games between April and October and this season has kept six clean sheets in 11 appearances – no other Premier League goalkeeper has kept more clean sheets in all competitions this season. Datawrapper This content is provided by…

Check out the companies making the biggest moves in premarket trading: Bank of America — The Brian Moynihan-led bank rose 4.5% after earnings and revenue beat analyst expectations . BofA earned $1.06 per share on revenue of $28.24 billion, while analysts polled by LSEG estimated a profit of 95 cents per share on revenue of $27.5 billion. Strong investment banking revenue drove the results. Morgan Stanley — The Wall Street investment bank reported earnings that beat expectations by the largest margin in five years, sending shares 4% higher. Earnings came in at $2.80 per share, versus the $2.10 LSEG consensus…

Kevin Muscat is emerging as the frontrunner for the Rangers job, but he is not the only candidate the Ibrox club are in talks with.Sky Sports News understands the 52-year-old – who is currently manager of Chinese club Shanghai Port – is highly regarded by the Rangers hierarchy, who are considering various options as they search for Russell Martin’s successor. Former Sheffield Wednesday boss Danny Rohl is another option who has held talks and impressed.It comes after Sky Sports News revealed on Saturday that Steven Gerrard had pulled out of the process, with the timing of a possible move back…

Nscale, the UK-headquartered AI infrastructure provider.Courtesy: NscaleAI cloud company Nscale is eyeing an initial public offering, the company confirmed to CNBC on Wednesday as it announced a $14 billion deal with U.S. tech giant Microsoft.The London-based company, which provides technology infrastructure to help artificial intelligence scale, has “public market ambitions” which could be realized in the “back end of next year,” Chief Executive Josh Payne told the Financial Times on Wednesday.A company spokesperson declined to comment on where Nscale is considering listing.On Wednesday Nscale announced an “expanded partnership” with Microsoft, netting the younger company $14 billion, a figure first reported…

Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Transpacific turmoilThe volatile U.S.-China relationship hit another bump yesterday when President Donald Trump said he is considering placing a cooking oil embargo on Beijing in retaliation for it’s refusal to buy U.S. soybeans. The ongoing feud has led to choppy stock market trading…

Many predict that the artificial intelligence boom will dramatically change how people live and work, and the scale and pace of recent AI deals seems to reflect this. At the center are a handful of companies that are increasingly turning to each other to finance and build out the necessary infrastructure.ChatGPT-maker OpenAI alone has racked up around $1 trillion in deals this year, according to a report from the Financial Times. In September, OpenAI confirmed that it would pay Oracle $300 billion for computer infrastructure over the course of five years. This deal is part of a $500 billion data…

Jeff CarlisleOct 15, 2025, 07:38 AM ETCloseJeff Carlisle covers MLS and the U.S. national team for ESPN FC.The Aug. 10 match between the Portland Thorns and the Seattle Reign looked like countless other NWSL matches at Providence Park in downtown Portland over the years. The stadium’s North End, home to Thorns supporters group Rose City Riveters, kept up a steady beat of chants and songs. The Pride flags and Cascadia banners were draped over the railing. A crowd of 21,811 fans enjoyed a 4-2 victory over their longtime rivals.Compared to the 2022 and 2023 seasons, there were some flags missing,…

France’s Prime Minister Sebastien Lecornu speaks during his statement of general policy at the French National Assembly, France s lower house of parliament, in Paris, France, on October 14, 2025. Mathilde Kaczkowski | Afp | Getty ImagesFrench Prime Minister Sebastien Lecornu’s decision to suspend a controversial pension reform has given markets some welcome relief Wednesday, with the move appearing to stave off another government collapse — at least for now.But the axing of the 2023 reform — a key part of President Emmanuel Macron’s legacy which would have seen the retirement age raised from 62 to 64 — and the…

Where is the tournament and when does it start?Guinea were initially set to host the tournament, but Confederation of African Football (CAF) president Patrice Motsepe announced in September 2022 the West African nation would be stripped of the right. “CAF is going to ask to receive new bids because the infrastructure and facilities are not appropriate or ready for CAF to host the 2025 Nations Cup in Guinea.”Morocco were awarded the hosting rights on September 27 2023. They last hosted the tournament in 1988.The 2025 edition was originally planned to take place during the summer in order to avoid club…