Things are ‘likely to remain messy’
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily …
Economic events
U.S. Latino economic output grows to $3.2 trillion, new study says
Spectators cheer during Puerto Rican Day Parade in New York. Thousands of people lined both sides of Fifth Avenue for the annual parade, which recognizes the achievements and influence of …
Fixing China’s property sector may take a decade, says Grow Investment
China’s urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong. “Fixing the property sector …
Jamie Dimon says India optimism is ‘completely justified’
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co. Emily Elconin | Bloomberg | Getty Images LONDON — JPMorgan Chase Chairman and CEO Jamie Dimon struck a …
World’s fastest growing economy Guyana could grow 100% in 5 years
The Demerara River in Guyana, South America. Arterra | Universal Images Group | Getty Images The world’s fastest growing economy may be on track to grow by more than 100% …
Biden asks Congress to fund government, Wells Fargo warns on shutdown
U.S. President Joe Biden speaks during an event announcing a new White House Office of Gun Violence Prevention, in the Rose Garden of the White House in Washington, U.S. September …
3 things to consider when buying a used car
Customers browse in a used car lot on Feb. 15, 2023 in Glendale, California. Mario Tama | Getty Images News | Getty Images As recently as 2019, used car shoppers …
EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s …
investors digest Fed rate decision
U.S. Treasury yields continued their march higher Thursday, reaching multiyear highs, as investors digested the Federal Reserve’s interest rate decision and forward guidance along with new unemployment data. The yield …
Singapore is now the world’s freest economy, displacing Hong Kong
A view of Marina Bay Sands at sunrise on Sept. 18, 2016 in Singapore. Rustam Azmi | Getty Images Singapore has dethroned Hong Kong to become the world’s freest economy, …