Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen’s slide against the U.S. dollar.
Want to go ‘behind the scenes’ at a Formula 1 race? See how many hotel points it takes
Forget free rooms. Travelers are amassing hotel points to bid on ‘money-can’t-buy’ experiences to Formula One races, NFL and NBA games, and concert performances from Taylor Swift and Ed Sheeran, with some loyalty members pledging millions to attend a s…
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People’s Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
CNBC Daily Open: One day makes all the difference
“Twenty-four little hours / Brought the sun and the flowers / Where there used to be rain,” sings Dinah Washington. She could’ve been singing about markets.
Trump says Fed’s rate cut was ‘political move’
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve’s decision to cut interest rates by half of a percentage point was “a political move.”
Japan’s Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People’s Bank of China.
This under-the-radar stock in Nvidia’s supply chain is a ‘hidden gem,’ Jefferies says
Jefferies initiated coverage of the stock with a buy rating and target price of 76 euros ($84), giving it potential upside of about 28%.
From gold and silver, to oil and aluminum: Where analysts see prices now the Fed has cut rates
Analysts at both Citi and HSBC assessed how commodities performed historically when the U.S. Federal Reserve cuts rates.
Dow rises to close at fresh record, posts winning week after big Fed rate cut: Live updates
The 30-stock Dow eked out a gain on Friday, posting a fresh record close.
Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut
Following the Federal Reserve’s interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.
