Tag: breaking news
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Private sector jobs rose by 90,000 in September, better than expected, ADP reports
Private job creation picked up in September after a brief slowdown.
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China factory activity snaps 2-month contractionary streak in September
China’s factory activity returned to growth in September as a deepening economic malaise prompts policymakers to ramp up stimulus steps and bolster growth.
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The Fed’s main inflation measure will be released Wednesday. Here’s what to expect
Data is expected to show ongoing price pressures and consumers who nevertheless continue to spend.
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Consumer optimism slides sharply as fears escalate over rising prices and jobs
The Conference Board’s Consumer Confidence Index tumbled to 81.9, a decline of 6.7 points and a reading well below the forecast for 89.
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Luckin Coffee, flush with investor cash, weighs entry into Middle East markets
Luckin is weighing a push into Middle East markets while deepening its foothold in Southeast Asia, with backing from sovereign wealth funds in both regions.
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OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia’s $13 billion deal
Hugging Face saw a flurry of deal interest before Nvidia agreed to buy the open-source platform for roughly $13 billion, CNBC has learned.
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China saw ‘surprise’ jump in U.S. orders ahead of Trump-Xi summit, private survey shows
A private survey shows a rebound in China’s exports to the U.S. as companies position for continued stability between the world’s two largest economies.
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Atlanta is getting pandas: China’s Xi revives a longtime diplomatic strategy at summit with U.S.
Chinese President Xi Jinping promised two giant pandas to Zoo Atlanta, reviving Beijing’s decades-old charm offensive.
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Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed
Markets expect the central bank will take a firmer hand on inflation. It’s not that easy.
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Philadelphia Fed’s Anna Paulson says ‘modest’ rate moves likely ahead to tame inflation
The policymaker said she and her colleagues may need to raise interest rates further to bring inflation back to target.
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