U.S. government debt prices climbed higher on Friday morning as investors digested several pieces of data. The Labor Department said consumer prices rose 0.2 percent after a 0.3 percent drop in March, which was the biggest fall in more than two years. Energy prices rose 1.1 percent after tumbling 3.2 percent the previous month. Treasurys traded mixed on Thursday after the release of the April producer price index and weekly jobless claims data, while investors also digested a 30-year bonds sale.

The pan-European Stoxx 600 was around 0.2 percent higher during mid-afternoon deals with major bourses in positive territory, though sectors remained mixed. Media stocks were among the best performers, propelled higher on reports French media group, Vivendi, had approached Havas with an indicative offer to acquire Group Bollore’s stake in the Paris-based advertising and public relations firm. As a result, shares of Havas rocketed up 9.8 percent, while Vivendi shares moved more than 4 percent hig

U.S. equities fell on Friday as investors digested a tough week for retailers as well as mixed economic data. The S&P 500 dropped 0.2 percent, with financials lagging, while the SPDR S&P Retail ETF (XRT) fell about 1.6 percent. The company reported mixed quarterly results, with earnings topping expectations but same-stores sales fell more than expected. SPDR S&P Retail ETF (XRT) this weekSource: FactSetInvestors kept a close eye on the retail space as they assessed the strength of the U.S. consu

A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY-Stock futures are down as the markets await economic data on consumer inflation, retail sales and consumer sentiment. -Retail sales are expected to have risen 0.6 percent in April after a March decline. A strong retail number this morning could ease concerns about the wider U.S. economy. TRUMP TRADE-The Trump administration has announced a trade deal with China that it says will boost business for U.S

As a result, there’s a “tidal wave” of long term investment flooding into bitcoin, according to Pavel Matveev, co-CEO at blockchain personal finance platform Wirex. He says Japanese savers are frustrated as Abenomics, the Japanese Prime Minister Shinzo Abe’s economic plan, has failed to deliver an end to two decades of deflation. “Bitcoin on the other hand has outperformed every traditional currency by a near astronomical margin,” he added. “Now that Japan’s biggest financial institutions are em

Sprint and its controlling shareholder SoftBank have started preliminary conversations to merge with T-Mobile US, Bloomberg reported on Friday, citing people familiar with the matter. The U.S. Federal Communications Commission had barred merger talks among telecommunications companies for more than a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless use. Reuters reported in February that SoftBank was positioning itself for deal talks with Deutsche Telekom, w

Amazon’s potential for global growth is “enormous,” billionaire investor Mark Cuban told CNBC Thursday, shortly after increasing his holdings in the e-commerce and cloud computing company. Cuban said he believes FANG stocks – Facebook, Amazon, Netflix and Google parent Alphabet– continue to be undervalued but the opportunity for the online retailer is especially large. “It’s the ultimate [artificial intelligence] company, it’s the ultimate start-up,” he said, arguing that the company has mastere

Even a decade ago, car manufacturing in China was still a fairly low-tech, labor-intensive endeavor. The state-of-the-art factory exemplifies the vast transformation that has taken place across manufacturing in China. Other automakers are also pouring billions of dollars into China, now the world’s largest auto market. With car demand in China growing quickly, ever more factories and workers are needed to produce more cars. “Robots aren’t the threat,” said Paul Buetow, the director of China manu

Apple has chosen the first recipient of its $1 billion manufacturing fund 1 Hour Ago | 00:40Apple said Friday that Corning will receive $200 million from its Advanced Manufacturing Fund to promote technology-driven manufacturing jobs in the United States. The announcement came a week after Apple CEO Tim Cook told CNBC’s Jim Cramer in an exclusive interview about the $1 billion fund to spur jobs. Corning is the first recipient of the fund. Apple said the investment will support Corning’s research

Investors should buy Apple shares because the more expensive iPhone 8 launching later this year will drive earnings above expectations, according to Goldman Sachs, which reiterated its buy rating. “The first $1,000 iPhone can drive meaningful upside,” analyst Simona Jankowski wrote in a note to clients Thursday. Jankowski raised her Apple price target to $170 from $164, representing 10 percent upside from Thursday’s close. As a result, Jankowski estimates fiscal 2018 iPhone average selling price

“If Facebook still shows content declared illegal by court orders in Thailand, action must be taken against Facebook Thailand,” Takorn told Reuters. “They could argue that they are not involved (in removing content), but Facebook Thailand is still operating here.” He also said obtaining a search warrant for Facebook Thailand would be a possible step. Facebook has not responded to Reuters’ request for comment about the threat of legal action against Facebook Thailand. Facebook Thailand focuses on

And the companies on CNBC’s Disruptor 50 list are bigger and more mature than ever. It’s already been a record year for Disruptor 50 IPOs. The Snap IPO was the biggest tech deal since Facebook. More from the CNBC Disruptor 50:SoFi’s big stock salePrint your own car, really! But Shopify is quite an outlier; the track record of Disruptor 50 IPOs is mixed.

The roughly 30-second tutorial videos range from “how to shoot a great portrait” to “how to shoot without a flash,” the latter of which can actually be pretty difficult if you’re taking pictures in low-light. To snap better photos from a unique angle, for example, Apple recommends tilting the iPhone 7, looking straight up, or getting low on a subject before snapping the picture. To shoot action photos, Apple says you should hold the shutter button down, allowing it to shoot multiple frames per s

“Further recent hires suggest that the capability of the Apple TV can incorporate console gaming and set-top box all integrated into a single product down the road.” Reports have long suggested Apple wants to turn the Apple TV into a streaming hub, complete with its own streaming TV services offering, though Apple hasn’t launched that sort of product yet. The Apple TV already offers iOS gaming though it is considered more casual than gaming consoles such as the Sony PlayStation 4, Microsoft Xbox

Elon Musk has begun digging under Los Angeles. The entrepreneur posted Friday several pictures of equipment meant for digging tunnels beneath Los Angeles. He aims to first dig a tunnel from SpaceX headquarters in Hawthorne, California, to the nearby Los Angeles airport. Musk frequently flies from Los Angeles to the San Francisco area, where he runs Tesla. Below is a picture of boring machine segments that are being lowered into the starter tunnel at SpaceX.

Spotify will be a direct listing on the NYSE when it goes public, forgoing a traditional initial public offering sources told CNBC. The listing is expected between the fourth quarter of 2017 and first quarter of 2018. Morgan Stanley, Goldman Sachs, and Allen & Co. are advising on the listing, the sources added. During an IPO, the company offers investors shares before it goes public, which allows underwriters to set an initial share price. A direct listing only allows investors to buy shares thr

With a blood test, doctors might someday detect cancer in the earliest stages. As part of the investment, Guardant announced an ambitious goal to sequence 1 million cancer patients within 5 years. Guardant has an edge on its competition as it already has a test on the market, targeting patients that have been diagnosed with cancer. Grail raised just shy of $1 billion, and is still looking for additional strategic investment. “It’s now an arms race,” said Sabah Oney, a geneticist and business dev

Microsoft developers cheered on Thursday when the company unveiled its latest image-recognition technology, which is coming soon to Windows 10 devices. The moment underscored Microsoft’s investment in artificial intelligence (AI) and its determination to keep up with Alphabet and Apple. Using the new Story Remix app — which is meant to replace the standard-issue Windows 10 Photos app — Microsoft executive Lorraine Bardeen showed how users can add animations on top of videos that then move alon

President Donald Trump made the remarks in an interview with NBC Nightly News’ Lester Holt. Read more:Trump denies any links to Russia: ‘No loans, no nothing’Trump explains why he ousted Comey quickly — but waited to fire FlynnTrump denies wrongdoing with Russia, says investigations were all ‘set up by the Democrats’

Prior to co-founding Team8, Zafrir was the chief of Unit 8200. Gil Shwed, who co-founded Check Point, was a member of Unit 8200, as was Udi Mokady of CyberArk and Nir Zuk of Palo Alto Networks. Unit 8200 starts identifying talent in Israel as early as high school. The candidates who pass go on to serve with Unit 8200 in various roles — technology-focused or intelligence-focused — for their mandatory military service after high school. “The reasoning is that the culture that (Unit) 8200 brings cr