CNBC Daily Open: Rising oil prices reignite inflation fears
With Saudi Arabia and Russia’s oil production cuts, there’s a danger that the previous months of low inflation might be an outlier.
Asia markets mixed after Saudi Arabia and Russia extend oil cuts
Brent crude crossed the $90 mark for the first time since November, while West Texas Intermediate prices were also at a 10 month high.
Commerce Secretary Raimondo: U.S. businesses are ‘desperate for some kind of dialogue’ with China
Commerce Secretary Gina Raimondo discussed the economic relationship between the U.S. and China with CNBC’s Jim Cramer.
Dow tumbles nearly 200 points, Nasdaq falls a third straight day as Fed rate hike fears return: Live updates
Stocks sold off Wednesday, continuing the sluggish start to September, as concerns mounted that the Federal Reserve may not be done hiking interest rates.
An escalating dispute at major gas facilities in Australia could drive up European prices, analysts say
The looming threat of strikes at Australian natural gas facilities will keep global gas markets on tenterhooks, energy analysts told CNBC.
Taylor Swift’s Eras Tour concert movie could make $100 million in its first weekend
Demand is so big for Taylor Swift’s Eras Tour concert movie that it could pull in an opening weekend haul that rivals Hollywood blockbusters.
Facebook is getting rid of the News tab in Europe
Meta plans to deprecate the Facebook News tab in early December for users in the U.K., France and Germany.
This recession indicator may be a ‘broken odometer for the economy,’ expert says. Where forecasts stand now
Economists are not on the same page as to whether an inverted yield curve points to a recession.
Oil prices settle at 10-month high as Saudi, Russia extend supply cuts
Oil prices rose on Tuesday, lifted by expectations of an extension in supply cuts by leading OPEC+ producers.
