Most Asia markets dip; South Korea stocks erase more than half of early week gains
Asia-Pacific markets were mixed after declines in the previous session. Investors monitoring economic data for direction.
CNBC Daily Open: Goolsbee’s ‘golden path’ is still visible
Last month’s sudden surge in Treasury yields and oil prices — both of which tend to suppress investors’ appetite for stocks — looks to be ending.
U.S. crude oil prices fall below $78 a barrel to their lowest since July
WTI fell $3.45, or 4.3%, settling at $77.37 a barrel, while Brent fell $3.57, or 4.2%, settling at $81.61, both their lowest prices since July.
Gen Z, millennials have a much harder time ‘adulting’ than their parents did, CNBC/Generation Lab survey finds
While Gen Zers and millennials are perceived as having a hard time meeting financial milestones, “glimmers of optimism” stand out, according to a new report.
The global freight recession will continue in 2024: CNBC Supply Chain Survey
After the pandemic boom led to massive profits, weak demand and shipping overcapacity have sunk prices. That won’t end in 2024, new CNBC survey data says.
Portugal’s PM Costa resigns over corruption investigation
Portugal’s Prime Minister Antonio Costa resigned on Tuesday, but said his conscience was clear.
WeWork has a massive footprint in London. Its bankruptcy could shake up the city’s office market
The company said that its restructuring is limited to WeWork’s locations in the U.S. and Canada.
French prosecutors investigating Sanofi over possible market manipulation
French prosecutors have opened a preliminary investigation into multinational pharmaceutical company Sanofi over possible market manipulation.
Watches of Switzerland shares up 9.7% as retailer reiterates plan to double profit by 2028
The stock has suffered this year on concerns over the Rolex takeover of retailer Bucherer.
