U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
Economists surveyed by Dow Jones were expecting 200,000 jobs added in August.
U.S. Commerce Secretary Raimondo calls on China to provide more predictability for business
U.S. Commerce Secretary Gina Raimondo spoke with CNBC’s Eunice Yoon in an exclusive interview Wednesday.
UK home sales set to hit their lowest since 2012 as mortgage sales plummet
U.K. home sales are forecast to drop to their lowest since 2012, according to real estate company Zoopla, as mortgage rates remain high.
Guangzhou eases mortgage rules as China ramps up efforts to revive property sector
In a notice, the Guangzhou city government eased mortgage curbs, allowing home buyers to enjoy preferential loans for first-home purchases.
Lego sales increase while other toy makers struggle
While other toy companies have been hammered by a slump in toy demand this year, Lego is one of the few to post positive gains.
The Bank of England is facing major losses on its bond purchases — and it’s set to get much worse
The Bank of England’s losses on bonds bought to shore up the U.K. economy will be “materially higher than projected,” according to Deutsche Bank.
CNBC Daily Open: Nvidia’s record close juiced the Nasdaq
A sudden flurry of positive business news — and not-so-good economic data — is giving stocks a last hurrah as they try to overcome the doldrums of August.
European markets close slightly lower after Germany and Spain data; Orsted down 24%
European stock markets closed slightly lower on Wednesday as investors reacted to economic data from Germany and Spain.
Gabon officers declare military coup, President Ali Bongo detained
Military officers in oil-producing Gabon said they had seized power on Wednesday and had put President Ali Bongo under house arrest.
Singapore braces for ‘partisan’ vote for president, guardian of its vast reserves
A largely ceremonial role with a six-year tenure, the Singapore presidency is conferred limited powers.
