GameStop can’t stop, Dow drops
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This report is from today’s CNBC Daily …
Economic outlook
Fed officials seem to have ‘no idea’ about inflation, strategist says
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images Federal Reserve officials appear …
Siemens posts industrial profit drop as automation division slows
15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Karl-Josef Hildenbrand | Picture Alliance | Getty Images German technology giant Siemens on Thursday …
China’s overseas students under pressure amid economic uncertainty
As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice …
The U.S. is now Germany’s biggest trading partner ahead of China
The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S. Secretary of State Blinken at a hotel on …
France moves to rescue Atos as IT company struggles to stay afloat
This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. (Photo by Ludovic MARIN / AFP) (Photo by …
U.S. Treasury yields fall on key inflation data
The U.S. 10-year Treasury yield fell Friday as traders parsed the closely watched inflation data released earlier in the day. The 10-year Treasury yield slipped around 4 points to 4.667%. …
Treasury yields are little changed as traders assess fresh inflation data
Treasury yields were about flat Thursday as traders parsed through new U.S. inflation data in search of clues on when the Federal Reserve may start cutting interest rates. The 10-year …
Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific
Economic losses in the Asia Pacific region soared to $65 billion due to natural disasters, mainly fueled by floods in China and droughts in India, as reported by insurance company …
10-year Treasury yield little changed after unemployment rate ticks up in February jobs report
The 10-year U.S. Treasury yield was near flat on Friday after the February jobs report showed solid employment growth but also an increase in the unemployment rate. The yield on …