Tensions high in Venezuela after contested election, with more arrests feared
Shops and public transport across Venezuela shut down because of tensions over a fiercely disputed presidential election and rumors of more opposition arrests.
More people are exploring alcohol-free trips and ‘sober curious’ vacations
A growing number of people are exploring “dry tripping,” “sober travel” and “alcohol-free vacations” for reasons related to physical and mental health.
China’s Communist Party expels former CNPC chairman, state media says
China’s ruling Communist Party has expelled the former chairman and party secretary of state-owned China National Petroleum Corp for discipline violations.
CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
The Fed kept its benchmark rate steady at 5.25% to 5.50%, but Chair Jerome Powell signaled the U.S. central bank could cut rates in its September meeting.
Japan orders ‘drastic reforms’ after new Toyota certification violations
The Japanese government ordered Toyota Motor to make “drastic reforms” after discovering new violations in the automaker’s vehicle certification procedures.
Singapore’s UOB maintains 2024 guidance even as second-quarter profit misses forecasts
Singapore’s UOB maintained earnings guidance for 2024 after posting on Thursday a 1% year-on-year rise in Q2 net profit that slightly missed expectations.
Meta’s advertising growth is proof that hefty AI spending is already paying off
For investors skeptical of Meta’s massive investment in artificial intelligence infrastructure, CEO Mark Zuckerberg is urging them to look at the results.
Asia markets mixed after Powell signals rate cut; Japan stocks tumble as yen strengthens
At his press conference, Fed Chair Jerome Powell said a rate cut in September is “on the table,” provided the inflation data continues to be encouraging.
Here’s what usually happens to UK stocks when the Bank of England cuts interest rates
CNBC Pro analyzed FTSE 100 and FTSE 250 stock market data since 1986 and found that stocks reacted conclusively.
CrowdStrike is sued by shareholders over huge software outage
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.
