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Tag: Markets

The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says

U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged,...

China’s wealthy are increasingly looking overseas for business investment opportunities

Instead of high-net-worth individuals, C-suite executives in China are increasingly using business jets, said Paul Desgrosseilliers, general manager at ExecuJet Haite General Aviation...

CNBC Daily Open: Slow hiring doesn’t mean increased layoffs

People walk through a Manhattan mall on July 05, 2024 in New York City. Spencer Platt | Getty Images News | Getty ImagesThis report...

Asia-Pacific markets mostly climb as Japan household spending comes in lower than expected

 Office workers cross the street at lunch time near Tokyo Station on Oct. 20, 2022. Stanislav Kogiku | SOPA Images | LightRocket |...

Why Broadcom stock is tumbling after an earnings beat — and how to play the dip

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management's guidance for the current...

Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030

Colleagues working together in the office.Aja Koska | E+ | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter...

JPMorgan top economist says the Fed should cut rates by a half point this month

Michael Feroli, chief U.S. economist of JP Morgan Securities LLC, listens during a Bloomberg Television interview in New York, U.S., on Tuesday, March...

Friday’s jobs report for August is going to be huge. Here’s what to expect

Andreypopov | Istock | Getty ImagesWall Street is gearing up for one of the most important economic releases of the year Friday, when...

OPEC+ members delay plans to hike production by two months after oil price slump

A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29, 2024 in Vienna,...

Here’s where American Airlines is adding flights to Europe in summer 2025

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty ImagesAs...

Volvo Cars cuts margin and revenue aims after ditching electric vehicle target

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18,...

A supersized Fed rate cut this month could be ‘very dangerous’ for markets, economist warns

Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building...

CNBC Daily Open: Rate cuts need to start before inflation’s 2%

A 'Now Hiring' sign posted on the window of a business looking to hire workers on May 05, 2023 in Miami, Florida. Joe Raedle...

CNBC Daily Open: Can’t wait until 2% to start cutting rates

A "Now Hiring" sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC.Anna Moneymaker | Getty...

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