JPMorgan backs off recession call even with ‘very elevated’ risks
Economists at the country’s largest bank bailed on their recession call, joining a growing chorus that now thinks a contraction is no longer inevitable.
Facing lawsuit from Musk, nonprofit head says he won’t stop exposing Twitter’s problems
The head of the Center for Countering Digital Hate said his nonprofit will continue researching alleged hate speech on Twitter despite a lawsuit from Musk.
Inflation takes center stage in the week ahead as Wall Street looks for more clues on Fed rate hikes
A Fitch downgrade weighed on investor sentiment this week, though it was offset by a better-than-expected July jobs report.
Amazon stock rallies after blowout quarter
Analysts cheered stabilizing AWS growth, improving retail margins and progress on cutting costs.
Apple, Samsung could be hit by India laptop and PC import restrictions
Laptops and tablets are among a handful of electronics that will require a license to be imported into India, according to a government notice.
No rate hikes or cuts — Commerzbank CFO says the European Central Bank has likely hit pause
The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday.
Huawei plots China smartphone revival with mobile operating system upgrade
Huawei launched its upgraded mobile operating system and an enhanced AI assistant on Friday.
WPP lowers full-year forecast as tech clients curb spending
WPP, the world’s biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0% from 3-5%.
How interest rates impact your money — from savings to mortgages
Interest rates may seem abstract, but they affect everyone. CNBC Make It examines the role they play in your finances.
