Shipping industry could lose $10 billion a year battling climate change by 2050
Shipping is at increasing risk from tropical storms, inland flooding, sea level rise, drought and extreme heat.
Why the Fed could be wrong — again — on its latest interest rate call
Investors may not want to get too comfortable with the Federal Reserve’s latest messaging on monetary policy.
Treasury to borrow $776 billion in the final three months of the year
Officials attributed the lower borrowing needs to higher receipts, which were offset somewhat by greater expenses.
These stocks have earnings momentum heading into their reports this week
CNBC Pro screened for the S&P 500 companies reporting this week that analysts are most excited about, leading them to lift their earnings estimates.
Here are 2 stocks Jim Cramer is ‘most concerned about’ and 1 name that he likes
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
European markets close higher despite geopolitical tensions; German economy contracts
European markets closed higher on Monday, with investors keeping a close eye on the latest inflation data out of Spain and Germany.
Facebook and Instagram get ad-free subscription service in Europe
Meta said the subscription offers were to comply with the “evolving” European regulations after it was slapped with a fine this year over data law breaches.
Shein acquires British fast fashion brand Missguided as it looks to expand global reach
Shein has acquired British fast fashion brand Missguided as the e-commerce giant looks to expand its marketplace model and deepen its global reach.
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government published its response to a consultation paper issued earlier this year, which recommended how the crypto industry should be regulated.
The escalating Israel-Hamas conflict raises risks of global market contagion, economist says
As the Israel-Hamas conflict further intensifies, the risks to the global economy are growing, economist Mohamed el-Erian said Monday.
