Japan data suggests possible yen intervention of around $22 billion
Markets analysts speculated that policymakers had used the opportunity of the U.S. inflation data to enter the market.
Citigroup tops expectations for profit and revenue on strong Wall Street results
Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity.
Elon Musk’s X deceives users and breaches online content rules, EU says
Elon Musk’s X is in breach of EU online content rules as the social media platform uses “dark patterns” to deceive users, the European Commission said Friday.
‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
There are risks to easing monetary policy that cast a cloud over the rate cut outlook, High Frequency Economics’ Carl Weinberg told CNBC.
Europe markets open higher with more U.S. inflation data due; Ericsson up 8%
European stocks opened higher Friday, defying a broader global selloff, with fresh inflation data set to land.
U.S., Germany foil alleged Russian plot to assassinate CEO of German arms firm sending weapons to Ukraine
The alleged plot targeted the CEO of Rheinmetall, which provides artillery rounds to Ukraine and plans to open plants in Ukraine to make armored vehicles.
CNBC Daily Open: S&P retreats, yen surges, Tesla sinks
The S&P 500 and Nasdaq Composite retreated from record highs as investors pivoted away from Big Tech, like Nvidia and Meta Platforms.
Ericsson shares rise after sales fall less than expected, North America returns to growth
Ericsson reported a smaller-than-expected 7% drop in second-quarter sales as sluggish demand for 5G gear was slightly offset by growth in North America.
Ambani’s wedding kicks off in India this weekend. Here’s who will be at the star-studded event
Mukesh Ambani’s youngest son is set to tie the knot this weekend after months-long wedding celebrations. Here’s what you need to know.
Japan warns of rising tensions over China’s military drills near Taiwan
Japan warned on Friday that China risked escalating tension with Taiwan with an increase in military exercises.
