In comments from the NATO summit, President Donald Trump said Wednesday trade talks are going well and he’ll see what happens. ET, investors look to the Institute for Supply Management’s November nonmanufacturing index to see if services are slipping like manufacturing. Sergey Brin, who started Google with Page in 1998, is stepping down as president of Alphabet and that role will be eliminated. Tuesday evening, several NATO leaders were caught in an unguarded exchange on camera apparently gossip

President Donald Trump and Turkey’s President Recep Tayyip Erdogan leave the stage after family photo during the annual NATO heads of government summit at the Grove Hotel in Watford, Britain December 4, 2019. Turkish President Tayyip Erdogan and U.S. President Donald Trump had a “very productive” meeting on the sidelines of the NATO summit in Britain on Wednesday, Turkey’s communications director said. Fahrettin Altun made the comment on Twitter and his office said the meeting lasted half an hou

U.K. bank NatWest has launched a trial of a payment fob that uses biometric fingerprint technology. In an announcement Wednesday, the bank said 250 customers would take part in the pilot, which will last three months. NatWest claim the fob is no bigger than a keyring and it features a small fingerprint reader. According to U.K. Finance’s UK Payment Markets 2019 report, the number of contactless payments in 2018 hit 7.4 billion, an increase of 31% from 2017. While there is interest surrounding th

Sterling surged to seven-month highs on Wednesday as investors raised their expectations for the ruling Conservative Party to win an outright majority, which could remove some of the political uncertainty that has weighed on the currency. Investors have welcomed the prospect of Britain avoiding another hung parliament. Polls have consistently given Johnson’s party a lead over the opposition Labour Party. While Johnson has vowed to take Britain out of the EU on Jan. 31, the Labour Party has said

An upcoming meeting between OPEC and non-OPEC allies could see the group deepen oil production curbs, energy analysts told CNBC, although an extension of existing cuts and an emphasis on stricter compliance is still seen as the more likely outcome. OPEC members will host a meeting in Vienna, Austria on Thursday to discuss the next phase of their oil production policy. The current deal, which runs through to March 2020, replaced a previous round of production cuts that began in January 2017. “Sau

LONDON — President Donald Trump criticized Justin Trudeau Wednesday, calling his Canadian counterpart “two-faced” after footage emerged of world leaders appearing to mock him. “He’s two-faced,” Trump said. The U.S. leader made the remark while taking questions from reporters alongside German Chancellor Angela Merkel at the 2019 NATO summit in London. A video surfaced on social media late Tuesday purporting to show Trudeau, French President Emmanuel Macron, U.K. Prime Minister Boris Johnson and D

Job growth slowed to a crawl in November, with private payrolls increasing by just 67,000, according to an estimate Wednesday from ADP and Moody’s Analytics. “The job market is losing its shine,” Mark Zandi, chief economist for Moody’s Analytics, said in a statement. Trade war taking tollZandi added that impacts from the tariffs between the U.S. and China are being felt in the employment picture. “The slowdown is more significant than I would have thought, and I do think that goes to the trade w

Hours before the press conference was set to start, video emerged of Canadian Prime Minister Justin Trudeau caught on a hot mic mocking Trump . The presser was scheduled to come after a series of bilateral meetings with NATO members, including German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte. “We won’t be doing a press conference at the close of NATO because we did so many over the past two days. President Donald Trump on Wednesday abruptly canceled a press conference th

Coffee chaff, the husk of the bean that comes off during roasting, usually gets turned into garden mulch or charcoal — or thrown away. When heated and mixed with plastic and other additives, coffee chaff can be formed into pellets and then various other shapes. Ford is planning to use a chaff composite for interior car components and under the hood. The first auto component to be produced using the chaff will be headlamp housings. With help from Competitive Green Technologies, which processes th

Language-learning app Duolingo has opened up new opportunities for smartphone users. Duolingo, which offers the most-downloaded education app in the world, just raised $30 million in a Series F funding from Alphabet’s CapitalG late-stage growth venture fund, becoming the first Pittsburgh-based tech start-up valued at more than $1 billion. Duolingo has added to the growth from its core language-learning app with new products, including podcasts for Spanish and French learnings, and Duolingo Event

Jackets and parkas hang on display at the new Canada Goose Holdings Inc. store in Montreal, Quebec, Canada, on Thursday, Nov. 15, 2018. In today’s retail world, “experience” is the keystone for retail and Canada Goose is taking it literally at its latest Toronto concept location. Although located in the CF Sherway Gardens Mall, the Canada Goose store has no inventory for shoppers to take home. While Canada Goose has other “Cold Rooms” where Arctic conditions are simulated, it will snow daily in

Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Those applications fell 16% for the week but were 61% higher than a year ago. Annual comparisons in this report and last week’s report are skewed because Thanksgiving fell one week earlier last year. Mortgage applications to purchase a home increased 1% for the week and were 24% lower annually. Mortgage rates started this week higher but fell abruptly Tues

Wall Street looks to rebound from Tuesday’s losses1 Hour AgoU.S. stock index futures rallied early Wednesday morning, boosted by a news report from Bloomberg that said the U.S. and China were edging closer to a trade deal. CNBC’s Rahel Solomon reports.

New Saudi minister. In September, Saudi King Salman bin Abdulaziz abruptly replaced his nation’s energy minister with one of his sons. Bankruptcies among U.S. producers could surge in the next year or two unless oil prices move materially higher. While OPEC production did not increase, U.S. production did. Iran’s oil minister – the longest serving OPEC minister – is facing calls for his removal after a surprise gas price hike incensed the population.

Authorities in New South Wales, Australia, have launched a detection camera program that aims to stop people illegally using their smartphone while driving. It is illegal to hold and use a cellphone while driving or riding a vehicle in New South Wales. According to New South Wales’ Centre for Road Safety, the system utilizes both fixed and transportable cameras. The Centre for Road Safety says that “strict controls” are in place to make sure that images taken by the system are managed and stored

The leaders of France, Canada and the U.K. appeared to be gossiping about President Donald Trump at Buckingham Palace on Tuesday, according to video footage circulated of the event. In the video, in which the world leaders don’t appear to realize their conversation is being recorded, U.K. Prime Minister Boris Johnson asks French President Macron: “Is that why you were late?” Canadian Prime Minister Justin Trudeau then steps in and says: “He was late because he takes a 40-minute press conference

Manchester City’s Gabriel Jesus is interviewed for Amazon Prime Video by Gabriel Clarke (right) during the Premier League match at Turf Moor, Burnley. Amazon’s foray into soccer broadcasting in the U.K. has received a mixed response with praise for technological innovation counterbalanced by complaints over streaming issues. In June 2018, Amazon won the rights to show 20 English Premier League (EPL) matches per season from 2019/20. The Guardian newspaper said Wednesday that Amazon appeared to ha

DUBAI — Iraq’s oil minister on Wednesday endorsed dramatically higher crude production cuts for OPEC and its non-OPEC allies, known as OPEC+, in order to lift global oil prices after a year of lackluster demand. But Ghadhban, ahead of OPEC+ meetings on Thursday and Friday, voiced his support for a further 400,000 barrel per day (bpd) production cut across the group’s members. “The 1.6 (million bpd) … In August and September, Baghdad reported its highest oil production on record, averaging 4.85

Home sales will drop, the housing shortage could become the worst in U.S. history, and home values will shrink in some cities. That’s the 2020 forecast from realtor.com, which holds one of the largest databases of housing statistics available. The 2020 forecast offers no relief, in fact just the opposite. Millennials will dominate the housing market, accounting for 50% of all mortgages by spring, according to the forecast. “However, the affordability challenge will continue to cast a shadow over

Bigger rivals Deutsche Telekom and Britain’s Vodafone have separated their mast mobile assets and are seeking to sell part of them via a listing or a private sale. Shares in Vodafone, the world’s second-largest mobile operator, rose as much as 10% when it announced plans to spin off its mobile masts. France’s former telecoms monopoly said that it owned about 40,000 towers of its mobile network on the continent. The Paris-based company will retain control over all these new entities and is hoping