UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.
CNBC Daily Open: Hoping for a 50-basis-point cut
Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision.
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.
Ray Dalio names the top five forces shaping the global economy
Speaking at the Milken Institute’s Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.
Hezbollah exploding pager trail runs from Taiwan to Hungary
Israel’s spy agency Mossad planted explosives inside pagers imported by Hezbollah months before Tuesday’s detonations, sources told Reuters.
Japan’s exports slow sharply, machinery orders shrink in blow to economic recovery
Japan’s export growth slowed sharply in August as shipments to the U.S. dropped for the first time in three years, while machinery orders unexpectedly shrank in July.
These are the ’50 best hotels’ in the world for 2024
Capella Bangkok is 2024’s ‘best’ hotel in the world, according to a new ranking by the 50 Best organization.
Harris victory seen as most likely election outcome, according to CNBC Fed Survey
The survey was taken several days after the first and possibly only debate between Vice President Kamala Harris and Donald Trump.
Oil stares at a bleak future as China’s economy sputters. The good news: A market ‘bust’ is unlikely
Lower oil prices were the dominant theme in Asia’s largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.
Japan faces labor shortages and demographic crisis as elderly population hits record high
Japan’s number of people aged 65 and over has reached a record high, cementing it as the worlds most elderly country, according to government statistics.
