Markets Archives - Page 54 of 109

Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations

People shop at a grocery store in Brooklyn on July 11, 2024 in New York City.Spencer Platt | Getty ImagesAn important gauge for...

Short seller Andrew Left charged with fraud by prosecutors, SEC

Andrew Left, founder and CEO of Citron ResearchAdam Jeffery | CNBCFederal prosecutors have criminally charged the well-known short seller Andrew Left with securities...

European stocks head for mixed open as selloff eases; U.S. inflation data due

Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a...

Rich Chinese travelers are flocking to Tokyo to take advantage of the weak yen

Chuo Ward, Tokyo, Japan - February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops...

Asia-Pacific markets mixed after sell-off as investors assess Tokyo CPI, await U.S. inflation data

Center street shibuya.David Gee | Moment | Getty ImagesAsia-Pacific markets were mixed on Friday after Thursday's sell-off saw some indexes in the region...

U.S. Secretary of Commerce talks domestic chip production: ‘There’s no place to be reckless here or play politics’

In a Thursday interview with CNBC's Jim Cramer, U.S. Secretary of Commerce Gina Raimondo stressed the importance of domestic chip production and said...

Why the new spot ether ETFs may ‘be a hit’ despite recent weakness

It's a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut.Franklin Templeton is one of the nine spot...

Honeywell drops on cuts to guidance. Here’s why it may provide an opportunity

Shares of Honeywell slid Thursday as strong second-quarter results are being overshadowed by a mixed update to management's outlook for the remainder of...

Strong earnings from industrial AI play Dover prove the stock belongs in our portfolio

Dover on Thursday delivered better-than-expected second-quarter earnings and raised its full-year guidance — an all-around strong report that validates our decision to take...

Ford shares, on pace for worst day since 2009, lead autos rout after disappointing earnings

A Ford Bronco on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT – Ford Motor is...

Cryptocurrencies suffer alongside tech stock rout, ether slides 6%

Picture Alliance | Getty ImagesCryptocurrencies fell one day after a reversal in technology stocks pushed the S&P 500 and Nasdaq Composite to their...

Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024.CNBCBerkshire Hathaway dumped more Bank of America shares...

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Gross domestic product in the second quarter was expected to show a 2.1% annualized increase. Source link

American forecasts lower unit revenue, says took ‘aggressive’ action after sales strategy backfires

An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in...

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