CNBC Daily Open: Financial firms wobble on AI threats and disappointing U.S. retail sales
Financial stocks wobbled on those claims as investors feared AI tools could replace — or at least lower the value of advisory firms and banking names.
Japanese stocks are on a record-breaking spree. But the rally may be ‘fragile’
Japan’s Nikkei 225 has notched several firsts in recent days, crossing 56,000, then 57,000 and nearing 58,000, fueled by the so-called “Takaichi trade.”
CNBC’s UK Exchange newsletter: Compass shifts its trading to dollars — and it might not be the last
Compass — a British company that is a genuine world leader in its field — caused some alarm when it announced it was switching its trading currency.
CNBC’s The China Connection newsletter: Inside China’s push to feed 1.4 billion people without U.S. crops
China’s food security ambitions are already bearing fruit in domestic produce.
Shadowy video, first known arrest mark big breaks in Nancy Guthrie abduction
Authorities on Tuesday released video of an armed man in a ski mask tampering with the doorbell camera at the Arizona home of Savannah Guthrie’s elderly mother.
Salesforce employees call on CEO Benioff to cancel ICE ‘opportunities’
More than 1,400 Salesforce employees have signed a letter calling on CEO Marc Benioff to cancel all potential business with the U.S. ICE agency.
China consumer inflation rises less than expected in January as producer price deflation persists
China’s consumer inflation rose less than expected in January while the deflation in producer prices persisted.
Hong Kong proceeds with stablecoin plans despite Beijing’s reservations
Hong Kong’s Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China’s prohibitions on crypto.
The world’s rich are relocating at a pace unseen in history — where are they going?
The movement of the world’s richest families across borders is accelerating into what some are calling the most significant private wealth migration.
CNBC Daily Open: AI might come for financial firms next — and a weak U.S. retail report weighs on stocks
Financial stocks wobbled on those claims as investors feared AI tools could replace — or at least lower the value of advisory firms and banking names.
