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Oct 10, 2025, 01:04 PM ETBruno Fernandes has conceded that he needs to work on his penalties after struggling from the spot this season, but the Manchester United captain insists he loves the pressure that comes with playing for the club.The usually reliable Portugal midfielder has missed crucial penalties in United’s 1-1 draw at Fulham and the 3-1 defeat to Brentford that have contributed to the team’s difficult start to their Premier League campaign.”This season, out of three [penalties], I ended up missing two,” Fernandes told a news conference on Friday. “I don’t want to miss any of them. It’s…

Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.”Alibaba and Baidu each slid about 8%, while JD.com and PDD Holdings fell 6.6% and 5.2%, respectively. The iShares MSCI China ETF (MCHI), which tracks major Chinese companies listed in the U.S., dropped 5.2%.Stock Chart IconStock chart iconiShares MSCI China ETF FridayThe selloff underscored renewed investor anxiety over escalating U.S.-China tensions, which have flared periodically amid disputes over trade, technology and national security.Trump accused China of holding the…

Vgajic | E+ | Getty ImagesThe IRS has announced new tax inflation adjustments for 2026.Those changes may affect just how much federal taxes families pay in taxes or receive in their refunds come tax time.Qualifying families may see higher amounts for the child tax credit and earned income tax credit in 2026. Moreover, the adoption credit and gift tax exclusion have also been adjusted for next year.In its Thursday announcements, the IRS also increased figures for dozens of other provisions, including federal income tax brackets and long-term capital gains brackets, among others.The IRS announcements came a day after the agency said…

There are two skills every new business owner needs to develop, because doing so will make the biggest difference between success and failure, according to Shanaz Hemmati, a veteran of two multibillion-dollar startups.One is perseverance, or the ability to power through the inevitable obstacles and setbacks that come with running a business, says Hemmati, co-founder of ZenBusiness, an artificial intelligence software startup that works to help first-time entrepreneurs navigate regulatory processes. “First, [it’s] understanding that it’s hard, it’s not easy” to build a successful business, she says. “It takes perseverance. It takes work. It takes constant learning.”The second key skill every…

Check out the companies making the biggest moves midday: Rare earth stocks — The group rose broadly after President Donald Trump said China was holding the world “captive” over the minerals, threatening countermeasures. MP Materials traded 13% higher along with USA Rare Earth . Magnificent Seven — Megacap tech stocks tumbled Friday after Donald Trump threatened a “massive” tariff hike against China. each of the Magnificent Seven stocks were down more than 1%. Amazon tumbled more than 3%, Nvidia fell 1.5%, while Apple slipped 2%. China stocks — Shares of Chines companies traded in the U.S. fell broadly after Trump’s…

Read more CNBC government shutdown coverageRussell Vought, director of the Office of Management and Budget (OMB), speaks to members of the media outside the White House in Washington, DC, US, on Thursday, July 24, 2025. Aaron Schwartz | Bloomberg | Getty ImagesThe Trump administration began laying off thousands of federal workers across a range of agencies on Friday, the 10th day of the U.S. government shutdown.President Donald Trump on Friday afternoon told reporters in the Oval Office that the number of federal workers who will be laid off will “be a lot.””It’ll be Democrat-oriented,” Trump said, reiterating his promise to…

Oil prices were little changed in early Asian trade on Friday after falling more than 1% in the previous session. Chunyip Wong | E+ | Getty ImagesU.S. crude oil fell 4% on Friday, after President Donald Trump threatened China with higher tariffs in retaliation for Beijing imposing stricter export controls rare earth minerals.U.S. crude oil dropped $2.61, or 4.24%, to close at $58.90 per barrel. Global benchmark Brent was down $2.49, or 3.82%, to settle at $62.73 per barrel. China-U.S. trade relations were thought to be improving slowly, but this latest setback once again raised concerns higher tariffs may slow…

MACAO — NBA Commissioner Adam Silver said Friday the WNBA could be next to play games in China. Silver spoke exclusively with CNBC courtside from the first of two NBA games in Macao. “We have to get through a new collective bargaining agreement with our players,” he said. “But once we do, there’s so much interest in women’s basketball here, I think we’d love to bring a WNBA game to Macao or to mainland China.” The games this weekend mark the NBA’s return to China after a six-year hiatus. The league is actively trying to grow its footprint in its No. 2 market,…

MONTGOMERY, Ala. (AP) — A juvenile male was arrested Friday for his part in a shooting that killed two people and injured 12 others in a crowded downtown nightlife district in Alabama’s capital city this past weekend, police said.Montgomery police announced that the boy has been charged with capital murder and 12 counts of assault. His name wasn’t immediately released.Rival gunmen opened fire on each other late Saturday night, leading to the deaths of a 43-year-old woman and a 17-year-old boy, police said. Investigators determined that multiple people fired weapons in a crowd just after the Tuskegee University-Morehouse College rivalry…

Divin Mubama scored his first two goals for England Under-21s, but Ethan Nwaneri was the architect of a 4-0 win over Moldova which took them top of their European Championship qualifying group with a second successive victory.Arsenal attacking midfielder Nwaneri was given licence to roam in the number 10 position and provided assists for the opening two goals scored by Chelsea winger Jamie Gittens and Stoke striker Mubama in Chisinau. He also laid on the through ball that saw debutant Josh King brought down for a 74th-minute penalty, which was converted by Mubama.It was Nwaneri’s 28th-minute run, having offloaded the…