Tag: economy
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Bank of Canada mulls Trump tariff shock as it readies interest rates decision
The U.S.-Canada trade dispute and the descent into a retaliatory tariff blitz have complicated the job for the Bank of Canada ahead of its Wednesday decision.
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CNBC Daily Open: Groundhog Day in the Gulf
U.S.-Iran’s latest strikes sent oil and bond yields surging, pushed the Fed toward a hike instead of a cut, and drew Putin to publicly support Tehran.
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Stocks making the biggest moves after hours: Dell, MongoDB, GitLab and more
These are the stocks posting the largest moves in after-hours trading.
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Stocks making the biggest moves midday: Palo Alto Networks, Fervo Energy, Chevron, Apple & more
Here are some of the companies making headlines in midday trading.
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Bessent touts bond market as 10-year Treasury yield spikes
Treasury Secretary Scott Bessent downplayed short-term bond moves even as he touted the U.S. market, saying, “what happens over a month doesn’t matter.”
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Fed Governor Barr says he’ll support rate hike if inflation doesn’t ease
The policymaker said he’s concerned about “broader price pressures taking hold” as inflation has prevailed above the Fed’s 2% target
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Apple’s new CEO, G20 meetings continue, the FTC sues Amazon and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: Nvidia, Robinhood, Novartis & more
These are the stocks posting the largest moves premarket.
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Euro zone inflation is back above 3%. Higher interest rates are likely to follow
The European Central Bank is seen hiking rates in September as the Iran war raises energy costs in the region.
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Treasury yields move higher as Middle East tensions return to focus
Treasury yields increased on Tuesday as investors monitored a reignition of tensions in the Middle East.
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