Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago
The core PCE price index was expected to increase 0.4% in January on a monthly basis and 2.8% from a year ago.
Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand
Birkenstock reported its holiday quarter results Thursday after it posted a record-breaking end to its last fiscal year.
Putin warns of nuclear war if NATO sends troops into Ukraine
Russian President Vladimir Putin warned NATO countries of the danger of a nuclear conflict with Russia if NATO troops were deployed on the ground in Ukraine.
European markets close slightly higher as investors digest key inflation reports
European markets closed slightly higher Thursday as investors monitored key inflation reports in both the U.S. and Europe.
IQiyi, the Netflix of China, posts first year of profits and says it’s ‘excited’ about Sora-like AI
Chinese video content and streaming company iQiyi CFO Wang Jun said he is “excited” about potential new business opportunities with the emergence of OpenAI’s text-to-video tool Sora.
Disney’s $8.5 billion Reliance merger is a streaming wars win in sports-obsessed India
Disney announced Wednesday that the companies will be merging their respective Star India and Viacom18 units into a newly created Star India joint venture.
How much wealth do you need to join the 1% club in your country?
Monaco has the highest entry barrier of $12.9 million, up 4% from a year earlier, to the 1% wealth club.
CNBC Daily Open: Markets brace for Fed’s key inflation gauge
Wall Street is fretting over a key inflation gauge that will affect investors’ view on interest rates.
West watches for Putin’s next move after breakaway region asks Moscow to ‘protect’ it from Moldova
Russia’s Foreign Ministry said protecting that the interests of the residents of Transnistria — calling them “compatriots” — was a priority.
Wall Street takes bets on which major central bank will blink first
The Bank of Japan and the Swiss National Bank have emerged as the major central banks most likely to change course in the next two months.
