Goldman lowers recession odds to just 15%
The bank’s economists over the weekend lowered their recession probability to just 15%.
UK Prime Minister Keir Starmer attempts government reset less than 100 days into office
British Prime Minister Keir Starmer is seeking to reset his government and recover from a shaky first 100 days in office.
No case for more jumbo rate cuts by the Fed, strategists say
There is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC.
U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Crude oil prices started the week off higher.
Sweden told people to open their hearts to immigrants 10 years ago. Its U-turn has been dramatic
Sweden’s reputation for openness and tolerance is changing as the government adopts an increasingly hostile and restrictive stance on immigration.
Europe stocks close higher after negative week; sterling extends losses
European stocks started the new trading week on a positive note, buoyed by gains in Asia overnight and last Friday’s rally on Wall Street.
China stocks poised to reopen with markets fixated on fiscal stimulus
Traders are closely watching for additional policy measures as Beijing has signaled a sense of urgency in bringing its economy back on track.
CNBC Daily Open: September’s blockbuster jobs report changes the calculus
The jobs report affirms recession unlikely for now. It also almost guarantees the Fed will reduce rates by a quarter point in November.
Tensions rise between banks and tech companies over online fraud liability in the UK
In the U.K., a number of financial firms see themselves as bearing the brunt of the cost for scams taking place virtually.
Thai headline inflation quickens in September, still below central bank target
Thailand’s annual inflation rose in September due to higher diesel and vegetable prices but stayed below the central bank’s 1%-3% target, said its ministry.
