Tag: Markets

CNBC Daily Open: Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.Michael M....

Asia-Pacific markets mostly open stronger ahead of Bank of Korea rate decision; investors assess Fed minutes

People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je...

Amazon’s cloud unit may need to pass the profit growth baton to e-commerce

Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are...

Judicial strikes grow in Mexico over reform pushing currency lower – Times of India

MEXICO CITY: Judges and magistrates joined a strike on Wednesday as protests against a judicial reform pushed by outgoing president Andres Manuel Lopez...

U.S. job growth revised down by the most since 2009. Why this time is different

People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26,...

Fed minutes point to ‘likely’ rate cut coming in September

Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, stopping short while indicating that a September cut...

We’re raising our price target on TJX after it delivered for bargain-hunters and investors

TJX Companies on Wednesday held up its end of the bargain for consumers and investors — delivering a great quarter and strong guidance....

Here’s why we’re holding a bit more cash than normal

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's...

Nonfarm payroll growth revised down by 818,000, Labor Department says

An employment sign is seen on the window of a Fedex store on August 02, 2024 in New York City.Michael M. Santiago |...

The explosion of online sports betting is taking a toll on how people invest

Algerina Perna | Baltimore Sun | MCT | Getty ImagesThe explosion of online sports betting is taking a toll on personal finances, particularly...

‘Pick a number’: Strategist says the U.S. dollar will drift much lower against the Japanese yen

A pedestrian walks past a display board showing the currency exchange rate between the US dollar and the Japanese yen, along a street...

Inflation has led to a strong U.S. dollar. But that’s not always a good thing.

In 2022, the dollar reached its highest level since the early 2000s, after experiencing a decade of sustained growth. The dollar has appreciated...

CNBC Daily Open: A ‘crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.Michael M....

Recent volatility spike was a ‘huge overreaction,’ but expect more ahead, UBS strategist says

August has been a choppy month for markets, with uncertainty over the health of the global economy sparking a jump in volatility.At the...

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