Oil stares at a bleak future as China’s economy sputters. The good news: A market ‘bust’ is unlikely
Lower oil prices were the dominant theme in Asia’s largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.
Japan faces labor shortages and demographic crisis as elderly population hits record high
Japan’s number of people aged 65 and over has reached a record high, cementing it as the worlds most elderly country, according to government statistics.
CNBC Daily Open: Hoping for a half-point cut
Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision.
U.S. decision on Nippon’s bid for U.S. Steel pushed back until after election
CFIUS is reviewing a bid by Japan’s Nippon Steel to buy U.S. Steel and has granted a request from the Japanese company to refile its takeover application.
Asia-Pacific markets mostly rise as investors await Federal Reserve’s rate decision
Japan’s imports and exports in August rose 2.3% and 5.6%, respectively, from a year ago, both missing Reuters poll estimates of 13.4% and 10% growth.
Forget Nvidia? These 2 little-known chip stocks have over 100% upside, Jefferies says
The investment bank expects the semiconductor sector to grow between 30% and 35% by mid-2025.
Nvidia vs. Alphabet: Fund manager reveals which to hold, and which to sell
Pella Funds’ Jordan Cvetanovski says one of the tech giants has “dropped the ball” and he’s getting out.
Dow closes lower, giving up 375-point pop after big Fed rate cut: Live updates
Stocks were volatile Wednesday after the Federal Reserve lowered interest rates in a half-percentage-point move.
Trump Media shares sink more than 6% two days before merger ‘lockup’ period ends
Former President Donald Trump on Friday said he will not sell his stake in Trump Media, which owns the Republican’s preferred social media app, Truth Social.
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi’s investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.
