How KFC won over China
While much of KFC’s early success came from the U.S., today the majority of its growth is in China.
Scaramucci says he plans to buy U.S. bitcoin ETF, 2023 was the best year for his crypto funds
Anthony Scaramucci, founder and CEO of SkyBridge Capital, says the SEC’s approval of the first spot bitcoin ETFs should be viewed as a watershed moment.
These tech stocks still trade at a reasonable valuation, BMO says
BMO remains bullish on opportunities in the tech sector, contrary to the concern of some on Wall Street that the group may be overvalued.
Trump won’t pledge to divest from businesses if he wins second term
Trump resisted pressure during his first term in office to divest from his businesses, a tradition followed by all other modern presidents.
SpaceX and T-Mobile send first texts via Starlink satellites
SpaceX on Wednesday announced the successful demonstration of texting via recently launched Starlink satellites through T-Mobile’s network.
Chris Christie drops out of the 2024 presidential race
His departure could make room for Nikki Haley to grow her support in New Hampshire, where Christie had grabbed a slice of anti-Trump Republican voters.
Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks
Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on short notice, Honour Lane Shipping told clients.
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
Retailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail Monitor for December.
Why the U.S. may extend its run as the world’s leading economy
Strong economic growth in the U.S. at the same time that China is facing setbacks is reshuffling dynamics in trade, diplomacy and the global world order.
Consumer spending growth will slow in 2024, economist predicts — it’s ‘not necessarily sustainable’
Consumer spending has remained remarkably resilient, but that’s unlikely to continue, says Jack Kleinhenz, chief economist at the National Retail Federation.
