Tag: economy
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China’s Xi urges BRICS nations to work towards peace in the Middle East
China, Iran’s biggest trading partner and a key customer of Tehran’s energy exports, is willing to work with BRICS towards peace in the region, Xi said.
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Inflation is outpacing wage growth again, squeezing Americans’ paychecks
In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.
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Trump’s America-first world is pushing other powers to hedge their bets
Xi, Putin and Modi meet in New Delhi as U.S. tariffs, sanctions and the Iran war test whether BRICS members can find more common ground.
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Stocks making the biggest moves midday: Dell, Skyworks Solutions, GameStop & more
These are the stocks posting the largest moves midday.
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Consumer outlook plunges in September as inflation outlook worsens
The survey’s headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.
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Inflation persisted in August, potentially locking in a Fed interest rate hike
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
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Stocks making the biggest moves premarket: GameStop, Oracle, Adobe, RH & more
These are the stocks posting the largest moves premarket.
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Global bond sell-off deepens as $100 oil stokes stagflation fears
The yield on German 10-year bonds, seen as the euro area benchmark, crossed 3.5% on Friday for the first time since April 2011.
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CNBC Daily Open: ‘Welcome to Foldables’ Samsung roasts Apple for being late to party
Samsung trolls Apple’s foldable debut; oil back above $100, pushing the Fed toward a hike next week.
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Stocks making the biggest moves after hours: Oracle, Adobe, RH & more
Here are some of the companies making headlines in extended trading.
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