Tag: economy
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Malaysia says new diesel subsidies can save millions to benefit citizens, but experts flag fiscal risks
Malaysia’s move to lower diesel prices to RM2.10 (US$0.50) per litre for all citizens could squeeze the government’s fiscal space if oil prices rise again, analysts warn.
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UN agency pauses Hormuz ship evacuation plan after first vessel attack under peace deal
The pause follows a container ship being struck near the coast of Oman on Thursday, with a U.S. official saying that Iran was responsible for the attack.
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Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing
In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.
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Stocks making the biggest moves midday: BlackBerry, Kymera Therapeutics, Apple, Wendy’s & more
These are the stocks posting the largest moves midday.
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Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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Micron earnings, oil prices fall, the newest meme stock 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: Micron, Qualcomm, IBM, Wendy’s & more
These are the stocks posting the largest moves in the premarket.
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Treasury yields edge higher as investors await key inflation data
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu U.S. Treasury yields fell edged higher on Thursday, as Wall Street awaits key inflation data that will shed light on how prices
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Iran declares new Hormuz route ‘unacceptable and dangerous,’ warns against ships transiting without approval
The stern warning underscores Tehran’s resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
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The legal fight to get equal pay for Germany’s disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.
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