British competition regulator objects to Google’s ad tech practices
Britain’s competition watchdog provisionally found that Google’s ad tech practices are impacting competition in the U.K.
Millionaires are moving to these 5 European cities — and London doesn’t make the list
A new report finds that 83% of millionaires looking to relocate are eyeing city living, but London is no longer a top destination.
Netherlands takes on U.S. export controls, controlling shipments of some ASML machines
The changes mean that the Netherlands is effectively taking over from the U.S. on controlling what machines ASML is able to export to other countries.
Nobel winner Joseph Stiglitz says Fed raised rates ‘too far, too fast’ — and now needs to cut big
Nobel Prize-winning economist Joseph Stiglitz believes the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting
China should focus on fighting deflationary pressure, former central bank governor says
China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of China, said Friday at the Bund Summit in Shanghai.
CNBC Daily Open: Don’t confuse slow hiring with layoffs
Jobs give us money. And everyone likes money. So, everyone, more or less, likes jobs. It’s a problem when there aren’t enough jobs.
World swelters through its hottest summer on record for the second year running
The summer of 2024 was the hottest in history, according to the European Union’s climate monitor.
The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says
As investors await the upcoming rate decision by the Fed this month, Carl Weinberg of High Frequency Economics said that a deep interest rate cut was unlikely.
Deep divisions in battleground Pennsylvania over proposed sale of U.S. Steel to Japanese company
The sale and the possibility it could be nixed is pitting members of the same party — and even the same union — against each other in a key swing state.
Director of Disney’s Lion King says AI is a ‘Wild West,’ echoes how animation changed film
Artificial intelligence is a “Wild West” with “very few rules” — but it has the potential to democratize the film industry in the long term, says Rob Minkoff.
