JPMorgan says financial markets are starting to price in a Trump win and possible Republican sweep
The recent moves in bank stocks and Treasury yields are signs investors are betting the former president will win the election, the bank said.
CNBC’s Inside India newsletter: The changing face of India’s rich
The Tatas, Ambanis and Adanis have long been the face of India’s wealthy population. That is changing as India’s rich populace gets a new identity.
IMF chief warns ‘not yet time to celebrate’ as low growth and high debt weigh on global economy
The head of the International Monetary Fund cautioned on Thursday that high government debt and low growth remained major impediments to the global economy.
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix’s ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.
European markets close higher after ECB cuts rates for the third time this year
European markets closed higher on Thursday as traders assessed a flurry of corporate results and the European Central Bank’s third interest rate cut of the year.
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.
UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
Technology giants could face “significant” fines if they don’t comply with the U.K.’s internet safety regulations, the British media regulator Ofcom warned Thursday.
European Central Bank cuts rates, Lagarde flags downside risks to inflation outlook
This was CNBC’s live blog covering the European Central Bank’s October meeting.
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
CNBC Daily Open: Strong earnings, macro conditions propelling stocks up
With monetary policy easing, the economy staying strong and inflation cooling, stocks look like they have stamina to keep going higher.
