CNBC Daily Open: Can’t wait until 2% to start cutting rates
In today’s volatile markets, is bad news still good news? Or maybe the bad news is so bad it could just be bad?
Passengers often ignore in-flight safety videos. But this ‘honest’ one has 8.4 million views
Doug Lansky says his video is a compilation of what pilots and flight attendants told him they would tell passengers about flight safety — if they could.
Japan’s Nikkei leads losses as Asia-Pacific markets extend declines after Wednesday’s sell-off
In Japan, average monthly cash earnings in the country rose 3.6% year-on-year, a softer rise compared to the 4.5% climb seen in June.
Fund manager reveals his top stock picks that rose during the market sell-off
Investors have ignored the stock despite its 11% annual compounded profit growth rate, according to the investor.
Goldman Sachs just refreshed its conviction lists of global stocks — giving one 64% upside
CNBC Pro looks at three additions to Goldman’s “directors’ cut” of stocks from Asia-Pacific and Europe.
Chinese consumer companies have a ‘disproportionate’ advantage over Asian peers in winning the global market
Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses: a large ethnic Chinese diaspora.
China’s binge-buying of chipmaking equipment could yield another overcapacity problem
China’s leverage over Japanese chip companies is growing, despite U.S. pressure
U.S. Steel shares plunge on report White House preparing to block Nippon Steel takeover
Vice President Kamala Harris, the Democratic presidential nominee, said U.S. Steel “should remain American-owned and American-operated.”
Summer box office bounced back thanks to ‘Inside Out 2,’ ‘Deadpool & Wolverine’
The summer box office secured $3.6 billion in ticket sales, a 10% drop from the same period in 2023, but a better outcome than expected.
Burberry’s FTSE relegation confirms a long fall from grace for the luxury fashion icon
British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 amid mounting pressure on the 168-year-old retailer.