Hungary’s Orban, a long-time Trump ally, rocked by major scandals ahead of European elections
Hungarian Prime Minister Viktor Orban has run into political trouble ahead of European parliamentary elections in June.
Noted Tesla bear says Musk’s EV maker could ‘go bust’ and stock is worth $14
Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.
People feel financially worse off than their parents—but say their kids will be better off
Millennials and Gen X were most likely to say they’re doing worse financially than their parents, and they have a few good reasons.
Disney wins proxy fight against activist investor Nelson Peltz, as shareholders reelect full board
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders rejected the effort.
Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast
Economists polled by Reuters expected the rate to hold steady on the prior month at 2.6%.
Swiss Re names corporate solutions boss Berger as new CEO
Reinsurance company Swiss Re said it would appoint its corporate solutions boss Andreas Berger as its group chief executive from July.
Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to the Turkish Statistical Institute’s report released Wednesday.
CNBC Daily Open: A projection is not a promise
The U.S. Federal Reserve may not cut rates in June and that could have global implications.
U.S. loses its spot to China as Southeast Asia’s most favored ally, survey shows
This is the first time Beijing has edged past Washington since 2020 when The State of Southeast Asia survey first started asking the question.
Half of adults globally are stressed about their finances, and inflation is a key reason
More than half of people said they were “very or somewhat stressed” about money.
