Markets have a new narrative
An oil pumpjack pulls oil from the Permian Basin oil field on March 14, 2022 in Odessa, Texas. Joe Raedle | Getty Images This report is from today’s CNBC Daily …
Economic events
Why Americans are struggling with car loans
There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 …
Treasury yields are putting pressure on stocks
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s …
China’s PBOC intervenes after yuan hits 16-year high against greenback
Photo taken on Aug 17, 2023 shows US dollars and Chinese yuan in Fuyang city, East China’s Anhui province. Nurphoto | Nurphoto | Getty Images The People’s Bank of China …
China’s property troubles worsen, ramping calls for bolder policy help
Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s …
What China’s big earnings say about the consumer
Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on …
Stocks are under pressure from Treasury yields
Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City. Angela Weiss | AFP | Getty Images This report is from today’s …
10-year yield rises to highest level since October 2022
U.S. Treasury yields were mixed Thursday as investors digested minutes from the Federal Reserve’s latest meeting and considered the outlook for inflation and interest rates. At 1:36 p.m. ET, the …
HKEX first-half net profit rises 31%, CEO Nicolas Aguzin optimistic
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has …
China can become world’s number 1 car exporter by 2023: Moody’s
China, automobile, vehicles Vcg | Visual China Group | Getty Images China is on course to overtake Japan as the world’s top auto exporter by the end of 2023, according …