Euro zone business activity grows at fastest pace in almost a year, PMI shows
Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc’s dominant services industry more than offset a deeper downturn in manufacturing, a survey showed on Monday.
World prefers U.S. over China for leadership when a Democrat is president, Gallup analysis shows
Most countries prefer aligning with the U.S. over China when the White House is occupied by a Democratic leader, according to Gallup data going back to 2007.
Israeli military tells Palestinian civilians in eastern Rafah to ‘evacuate immediately’
The White House and United Nations have urged Israel against an offensive in Rafah, warning of catastrophic humanitarian consequences.
Treasury yields are little changed as traders get more clues on next Fed moves
U.S. Treasury yields were little changed after falling sharply on Friday in reaction to weaker-than-expected payroll growth and a rise in unemployment in April.
European markets close higher as traders assess possible rate cuts, fresh PMI data
European markets closed higher on Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.
‘Exact same cover letters word for word’: Career consultant says Gen Z are misusing AI
A career consultant said employers are receiving “identical” cover letters from Gen Z generated by ChatGPT: “It’s not being used in the right way.”
China’s Ant Group doubles down on global expansion with cross-border payments offering Alipay+
Ant introduced Alipay+ in 2020, allowing foreigners to use certain mobile payment apps from their home countries to scan Alipay QR codes to pay in China.
Death toll from southern Brazil rainfall rises to 78, many still missing
The death toll from heavy rains that have caused flooding in Brazil’s southern state of Rio Grande do Sul has risen to at least 78, local authorities said.
Asia stocks track Wall Street gains as softer-than-expected U.S. jobs data fuels rate cut hopes
Investors await the Reserve Bank of Australia’s rate decision on Tuesday and China’s April trade data on Thursday.
Goldman Sachs just refreshed its conviction lists of global stocks — giving one 67% upside
CNBC Pro looks at three additions to Goldman’s “directors’ cut” of top global stocks that were given more than 30% upside potential.
