The Airbnb effect: why second homes have become so divisive
In early June 2023, the mayor of the Italian city of Florence announced an immediate ban on new short-term rentals in its UNESCO-protected historic center. The measure follows efforts by local authorities worldwide to regulate the expansion of Airbnbs,…
China reports big data miss in July, stops releasing youth unemployment numbers
The National Bureau of Statistics report did not include the unemployment figure for young people, which has soared to record highs in recent months.
Barclays names the global stocks benefitting from falling inflation — and gives two 60% upside
The investment bank said its “disinflation winners” are particularly adept at operating in a high interest rate environment.
‘China has disappointed’: These are the top markets and stocks to invest in, according to the pros
Investors have been fleeing China markets in favor of others for much of this year, fearing its weak economic recovery. CNBC takes a look at the alternatives.
Japan GDP grew 6%, easily beating expectations on robust exports
Economist surveyed by Reuters had expected the world’s third-largest economy to post 3.1% growth in the April-June quarter.
Dow slides more than 300 points, breaking a 3-day win streak, as bank names tumble: Live updates
U.S. stocks fell Tuesday, as concerns on the financial sector and weak Chinese economic data weighed on the market.
Asia markets set for mixed open ahead of key data from Japan and China
Japan will release its second quarter GDP numbers, while China will see its industrial output and retail sales figures for July.
CNBC Daily Open: Tech is back
Technology stocks and chipmakers helped major U.S. indexes regain their footing after ending last week in the red.
Feds say Trump not entitled to ‘special treatment’ in documents case
Former President Donald Trump is charged with retaining classified government records at his Mar-a-Lago club after leaving the White House.
Bill Ackman’s Pershing Square adds to Google-parent Alphabet stake, slashes Lowe’s bet
Bill Ackman’s fund added to bets on the Google parent’s class C stock, as well as Hilton.
