RSS Parrot

Yellen says U.S. economy remains solid, on path to 'soft landing' with no meaningful layoffs

https://www.cnbc.com/2024/09/07/yellen-says-us-economy-remains-solid-heading-toward-soft-landing.html

Published: September 7, 2024 23:05

Federal Reserve Chair Jerome Powell said in August that the U.S. economy might be ready for an interest rate cut.

CIA director saw ‘genuine risk’ of Russia using tactical nuclear weapons early in Ukraine war

https://www.cnbc.com/2024/09/07/cia-director-russia-ukraine-war-nuclear-weapon-risk.html

Published: September 7, 2024 18:59

CIA Director Williams Burns said the risk of escalation should not be taken lightly, but the U.S. should also not be intimidated by Russia.

Small nuclear reactors could power the future — the challenge is building the first one in the U.S.

https://www.cnbc.com/2024/09/07/how-small-modular-reactors-could-expand-nuclear-power-in-the-us.html

Published: September 7, 2024 14:43

Small modular reactors could help expand nuclear power in the U.S., but commercializing them has proven challenging.

Europe's economy survived 'terrible prophecies' but must now tackle trade with China: EU's Gentiloni

https://www.cnbc.com/2024/09/07/eu-economy-survived-terrible-prophecies-now-faces-trade-with-china-eus-gentiloni.html

Published: September 7, 2024 11:13

After surviving the "terrible prophecies," Europe's economy must face the challenges of the war in Ukraine and trade ties with China, EU's Paolo Gentiloni says.

Boeing Starliner returns to Earth empty, months later than planned

https://www.cnbc.com/2024/09/06/boeing-starliner-leaves-iss-crew-flight-test.html

Published: September 7, 2024 04:08

After undocking, Starliner is expected to take about six hours to return to Earth in a landing zone at White Sands Space Harbor in New Mexico.

Coinbase has worst week of the year as crypto stocks plummet

https://www.cnbc.com/2024/09/06/coinbase-marathon-digital-riot-platforms-lead-drop-in-crypto-stocks.html

Published: September 6, 2024 23:58

Concerns about the U.S. economy led to a broad market slide this week, with crypto-related assets seeing some of the steepest drops.

Dell and Palantir to join S&P 500; shares of both jump

https://www.cnbc.com/2024/09/06/dell-and-palantir-to-join-sp-500-shares-of-both-jump.html

Published: September 6, 2024 23:00

In the quarterly rebalancing of the S&P 500, tech companies Dell and Palantir were added to the benchmark index.

European stocks end week down 2.5%, worst since early August slump

https://www.cnbc.com/2024/09/06/europe-markets-us-jobs-report-airbus-insection.html

Published: September 6, 2024 15:44

European stocks closed lower Friday afternoon, paring earlier gains after a weaker than expected U.S. jobs report clouded global sentiment.

AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars

https://www.cnbc.com/2024/09/06/ai-craze-getting-funded-by-tech-giants-distorting-traditional-vcs.html

Published: September 6, 2024 14:44

With the biggest companies in the world throwing billions of dollars at generative AI startups, traditional VCs are struggling to find their place in the boom.

Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box

https://www.cnbc.com/2024/09/06/harris-endorsed-trump-murdoch-yelp-snap-ripple.html

Published: September 6, 2024 14:03

The letter is meant as a political show of force for Kamala Harris in a tight race with Donald Trump. The first presidential debate is less than a week away.

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

https://www.cnbc.com/2024/09/06/jobs-report-august-2024.html

Published: September 6, 2024 13:00

Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%.

Trump is no threat to U.S. democracy, according to historian Niall Ferguson

https://www.cnbc.com/2024/09/06/trump-is-no-threat-to-democracy-according-to-historian-niall-ferguson.html

Published: September 6, 2024 12:37

"The system contained Trump's impulses in 2020, 2021, successfully, and I think it would contain them again," Ferguson said.

Telegram CEO says French charges against him are 'misguided' — read his full statement

https://www.cnbc.com/2024/09/06/telegram-ceo-pavel-durov-says-france-charges-are-misguided.html

Published: September 6, 2024 10:44

The boss of controversial messaging platform Telegram said late Thursday that charges against him by France are "misguided."

British competition regulator objects to Google's ad tech practices

https://www.cnbc.com/2024/09/06/british-competition-regulator-objects-to-googles-ad-tech-practices.html

Published: September 6, 2024 09:31

Britain's competition watchdog provisionally found that Google's ad tech practices are impacting competition in the U.K.

Millionaires are moving to these 5 European cities — and London doesn't make the list

https://www.cnbc.com/2024/09/06/top-5-european-cities-millionaires-are-moving-to-and-none-are-london.html

Published: September 6, 2024 08:59

A new report finds that 83% of millionaires looking to relocate are eyeing city living, but London is no longer a top destination.

Nobel winner Joseph Stiglitz says Fed raised rates ‘too far, too fast’ — and now needs to cut big

https://www.cnbc.com/2024/09/06/nobel-laureate-joseph-stiglitz-wants-the-fed-to-deliver-a-big-rate-cut.html

Published: September 6, 2024 07:45

Nobel Prize-winning economist Joseph Stiglitz believes the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting

Netherlands expands export curbs on chip tools with more ASML equipment impacted

https://www.cnbc.com/2024/09/06/netherlands-expands-export-curbs-on-advanced-chip-tools.html

Published: September 6, 2024 07:37

The Netherlands said it is expanding export restrictions on advanced semiconductor manufacturing equipment, bringing more of ASML's machines under curbs.

China should focus on fighting deflationary pressure, former central bank governor says

https://www.cnbc.com/2024/09/06/ex-pboc-head-china-should-focus-on-fighting-deflationary-pressure.html

Published: September 6, 2024 06:59

China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai.

The Fed won't 'push the panic button' and go for a jumbo rate cut, economist says

https://www.cnbc.com/2024/09/06/the-fed-wont-go-for-a-panicked-50-basis-point-rate-cut-economist.html

Published: September 6, 2024 06:16

As investors await the upcoming rate decision by the Fed this month, Carl Weinberg of High Frequency Economics said that a deep interest rate cut was unlikely.

The world just sweltered through its hottest summer on record for the second year running

https://www.cnbc.com/2024/09/06/climate-crisis-world-logs-its-hottest-summer-on-record.html

Published: September 6, 2024 05:43

The summer of 2024 was the hottest in history, according to the European Union's climate monitor.

Lion King director says AI is a 'Wild West,' but has the potential to democratize filmmaking

https://www.cnbc.com/2024/09/06/lion-king-director-rob-minkoff-interview-on-ai-in-film.html

Published: September 6, 2024 05:13

Artificial intelligence is a "Wild West" with "very few rules" — but it has the potential to democratize the film industry in the long term, says Rob Minkoff.

Once the envy of the world, Germany's car brands now weigh heavily on its struggling economy

https://www.cnbc.com/2024/09/06/once-the-envy-of-the-world-germanys-car-brands-are-weighing-heavily-on-its-struggling-economy.html

Published: September 6, 2024 05:12

Germany’s car industry was once recognized around the world for its high-quality, innovative combustion engine cars. But where is the sector now?

Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing

https://www.cnbc.com/2024/09/06/japanese-chip-equipment-firms-count-on-china-sales-even-as-us-piles-pressure-to-block-exports.html

Published: September 6, 2024 04:54

Japanese chip equipment providers are increasingly counting on China as their largest source of revenue despite looming U.S. export control pressure.

U.S. rolls out new chip-related export controls as China makes industry advances

https://www.cnbc.com/2024/09/06/us-china-quantum-chip-related-export-controls.html

Published: September 6, 2024 04:36

The restrictions cover critical technologies, including quantum computing and semiconductor goods, and is aimed at China and other competitors.

7-Eleven's parent company rejects takeover proposal, says offer 'grossly undervalues' company

https://www.cnbc.com/2024/09/06/7-elevens-parent-company-rejects-takeover-proposal-says-offer-grossly-undervalues-company.html

Published: September 6, 2024 04:02

Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and significant challenges" it would face.

China's wealthy are increasingly looking overseas for business investment opportunities

https://www.cnbc.com/2024/09/06/chinas-wealthy-are-looking-overseas-for-business-investment.html

Published: September 6, 2024 01:06

China's wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.

CNBC Daily Open: Slow hiring doesn’t mean increased layoffs

https://www.cnbc.com/2024/09/06/stock-markets-slow-hiring-doesnt-mean-increased-layoffs.html

Published: September 6, 2024 01:06

Jobs give us money. And everyone likes money. So, everyone, more or less, likes jobs. It's a problem when there aren't enough jobs.

'Economic refugees' flee from New Zealand as cost-of-living crisis deepens

https://www.cnbc.com/2024/09/06/economic-refugees-flee-from-new-zealand-as-cost-of-living-crisis-deepens.html

Published: September 6, 2024 00:36

The economy is going to "get worse before it gets better," said Shamubeel Eaqub, principal economist at the New Zealand Institute of Economic Research.

Asia-Pacific markets mostly fall as Japan household spending comes in lower than expected

https://www.cnbc.com/2024/09/06/asia-markets.html

Published: September 6, 2024 00:27

Japan's household spending data, combined with pay numbers from Thursday, will give a clue to the Bank of Japan's monetary policy moves.

Friday's jobs report for August is going to be huge. Here's what to expect

https://www.cnbc.com/2024/09/05/fridays-jobs-report-for-august-is-going-to-be-huge-heres-what-to-expect.html

Published: September 5, 2024 17:58

The Wall Street consensus is for nonfarm payrolls growth of 161,000 for August and a slight decline in the unemployment rate to 4.2%.

CNBC's Inside India newsletter: Stocks had a record-breaking rally. What's next?

https://www.cnbc.com/2024/09/05/cnbcs-inside-india-newsletter-stocks-had-a-record-breaking-rally-whats-next.html

Published: September 5, 2024 16:18

After a record-breaking 14-day rally, analyst fear risks are rising from the stock market's own success.

Hunter Biden will change plea in tax case, lawyers tell judge

https://www.cnbc.com/2024/09/05/hunter-biden-plea-tax-case-trial.html

Published: September 5, 2024 15:59

OPEC+ members delay plans to hike production by two months after oil price slump

https://www.cnbc.com/2024/09/05/opec-members-delay-plans-to-hike-production-by-two-months-after-oil-price-slump.html

Published: September 5, 2024 14:53

The increases were part of a plan to gradually return a broader 2.2 million barrels per day of supply to the market over the following months.

Honor steps up challenge to Samsung with launch of thin foldable phone

https://www.cnbc.com/2024/09/05/honor-magic-v3-launch-specs-price-release-date.html

Published: September 5, 2024 13:03

Honor is ramping up its challenge to Samsung in the fast-growing foldable smartphone market.

Volvo Cars cuts margin and revenue aims after ditching electric vehicle target

https://www.cnbc.com/2024/09/05/volvo-cars-cuts-margin-aims-after-ditching-electric-vehicle-target.html

Published: September 5, 2024 12:25

The Swedish automaker is trimming its earnings margin goal for 2026 due to "increased complexity especially in relation to global trade and tariffs."

AstraZeneca says staff detained in China amid reports of a drug-import investigation

https://www.cnbc.com/2024/09/05/astrazeneca-staff-detained-in-china-amid-reported-drug-import-probe.html

Published: September 5, 2024 11:55

Some employees of British pharmaceutical giant AstraZeneca have been detained by police in China as part of an investigation, the company confirmed Thursday.

Former EU Brexit negotiator Michel Barnier named new French prime minister

https://www.cnbc.com/2024/09/05/former-eu-brexit-negotiator-michel-barnier-named-new-french-prime-minister.html

Published: September 5, 2024 11:47

Macron charged Barnier with forming a government on Thursday, according to an announcement shared by the Elysee Palace.

Tesla says it will launch Full Self Driving product in Europe and China early next year

https://www.cnbc.com/2024/09/05/tesla-to-launch-full-self-driving-in-europe-and-china-in-q1-2025.html

Published: September 5, 2024 11:14

Tesla says it will launch its "Full Self Driving" driver assistance product in Europe and China early next year.

A supersized Fed rate cut this month could be 'very dangerous' for markets, economist warns

https://www.cnbc.com/2024/09/05/a-big-fed-rate-cut-this-month-could-be-very-dangerous-economist-warns.html

Published: September 5, 2024 09:08

A deeper interest rate cut from the Federal Reserve this month could spook financial markets, according to one economist.

India and Singapore agree to cooperate on chips as countries seek to strengthen partnership

https://www.cnbc.com/2024/09/05/india-and-singapore-agree-to-cooperate-on-chips-as-countries-seek-to-strengthen-partnership.html

Published: September 5, 2024 07:46

"Singapore is not just a partner, it is an inspiration for every developing country. We want to create a bunch of Singapores in India," Modi said in a meeting with Wong.

London landlords sell up properties at record rates ahead of anticipated tax hikes

https://www.cnbc.com/2024/09/05/london-landlords-sell-up-properties-ahead-of-anticipated-labour-clampdown.html

Published: September 5, 2024 07:27

London landlords are selling up their buy-to-let properties at record rates as anticipated tax hikes add further pressure to the once lucrative investment sector.

Qualcomm says it's working on mixed reality smart glasses with Samsung and Google

https://www.cnbc.com/2024/09/05/qualcomm-working-on-mixed-reality-smart-glasses-with-google-samsung.html

Published: September 5, 2024 07:14

Google, Samsung and Qualcomm's smart glasses would be a different approach from Apple's Vision Pro.

CNBC Daily Open: Rate cuts need to start before inflation’s 2%

https://www.cnbc.com/2024/09/05/stock-markets-rate-cuts-need-to-start-before-inflations-2percent.html

Published: September 5, 2024 06:30

In today's volatile markets, is bad news still good news? Or maybe the bad news is so bad it could just be bad?

Water shortages are likely brewing future wars — with several flashpoints across the globe

https://www.cnbc.com/2024/09/05/water-wars-flashpoints-identified-in-africa-asia-and-the-middle-east.html

Published: September 5, 2024 05:15

Growing competition for water in already arid areas, alongside the compounding effect of climate change, has led to a flurry of water-related headlines.

Saudi Arabia's fiscal breakeven oil price is rising fast. What will the kingdom do about it?

https://www.cnbc.com/2024/09/05/saudi-arabias-fiscal-breakeven-oil-price-is-rising-fast.html

Published: September 5, 2024 05:14

Saudi Arabia's fiscal deficit is growing as the kingdom embarks on huge spending projects as part of Vision 2030.

These are the top 10 MBA programs in the world in 2024, according to LinkedIn

https://www.cnbc.com/2024/09/05/these-are-the-top-10-mba-programs-in-the-world-in-2024.html

Published: September 5, 2024 03:14

Stanford University tops LinkedIn's list as the No.1 MBA program in the world in 2024.

CNBC Daily Open: Can’t wait until 2% to start cutting rates

https://www.cnbc.com/2024/09/05/stock-markets-cant-wait-until-2percent-to-start-cutting-rates.html

Published: September 5, 2024 01:08

In today's volatile markets, is bad news still good news? Or maybe the bad news is so bad it could just be bad?

Passengers often ignore in-flight safety videos. But this 'honest' one has 8.4 million views

https://www.cnbc.com/2024/09/05/youtube-video-about-flight-safety-that-airlines-dont-want-you-to-see.html

Published: September 5, 2024 00:58

Doug Lansky says his video is a compilation of what pilots and flight attendants told him they would tell passengers about flight safety — if they could.

Nikkei slips as other Asian markets rebound from Wednesday's sell off

https://www.cnbc.com/2024/09/05/asia-markets.html

Published: September 5, 2024 00:23

Investors are watching economic data out of Japan, Australia and Singapore on Thursday.

Chinese consumer companies have a 'disproportionate' advantage over Asian peers in winning the global market

https://www.cnbc.com/2024/09/04/bain-chinese-companies-huge-advantage-vs-south-korea-japan-peers.html

Published: September 4, 2024 22:30

Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses: a large ethnic Chinese diaspora.

China's binge-buying of chipmaking equipment could yield another overcapacity problem

https://www.cnbc.com/2024/09/04/chinas-binge-buying-of-chipmaking-equipment-could-yield-another-overcapacity-problem.html

Published: September 4, 2024 22:00

China’s leverage over Japanese chip companies is growing, despite U.S. pressure

U.S. safety regulator calls for probe of Temu, Shein over 'deadly baby and toddler products'

https://www.cnbc.com/2024/09/04/us-regulator-calls-for-probe-of-temu-shein-over-unsafe-products.html

Published: September 4, 2024 21:21

Temu and Shein have shot to popularity in the U.S. over the past year due to their ultracheap apparel, electronics and home goods.

Harris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% rate

https://www.cnbc.com/2024/09/04/harris-biden-capital-gains-tax-hike-trump-election.html

Published: September 4, 2024 20:53

Donald Trump and Kamala Harris are set to debate on Sept. 10, where the economy and taxes could be a focal point.

U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover

https://www.cnbc.com/2024/09/04/us-steel-shares-drop-more-than-15percent-on-report-white-house-preparing-to-block-nippon-steel-takeover.html

Published: September 4, 2024 18:20

Summer box office bounced back thanks to 'Inside Out 2,' 'Deadpool & Wolverine'

https://www.cnbc.com/2024/09/04/summer-box-office-buoyed-by-inside-out-2-deadpool-wolverine.html

Published: September 4, 2024 17:44

The summer box office secured $3.6 billion in ticket sales, a 10% drop from the same period in 2023, but a better outcome than expected.

British luxury icon Burberry dropped from UK's FTSE 100 stock market index

https://www.cnbc.com/2024/09/04/burberry-british-luxury-retailer-ftse-100-relegation.html

Published: September 4, 2024 17:09

British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 amid mounting pressure on the 168-year-old retailer.

U.S. targets Russia over 2024 election influence operation

https://www.cnbc.com/2024/09/04/us-doj-russia-rt-media-2024-election.html

Published: September 4, 2024 15:19

Job openings fell more than expected in July in another sign of labor market softening

https://www.cnbc.com/2024/09/04/jolts-july-2024.html

Published: September 4, 2024 14:55

The closely watched Job Openings and Labor Turnover Survey showed that available positions fell to 7.67 million on the month.

Sweden's Volvo Cars scraps plan to only sell electric vehicles by 2030

https://www.cnbc.com/2024/09/04/swedens-volvo-cars-scraps-plan-to-only-sell-electric-vehicles-by-2030.html

Published: September 4, 2024 14:13

The announcement means Volvo Cars follows in the footsteps of other industry players in scaling back its EV ambitions.

Atlanta Fed President Bostic says officials can't wait for inflation to hit 2% before cutting

https://www.cnbc.com/2024/09/04/atlanta-fed-president-bostic-says-officials-cant-wait-for-inflation-to-hit-2percent-before-cutting.html

Published: September 4, 2024 14:00

Bostic signaled that he is ready to start lowering rates even though inflation is still running above the Fed's target.

Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip

https://www.cnbc.com/2024/09/04/qualcomm-launches-latest-ai-pc-chip-in-challenge-to-intel-and-amd.html

Published: September 4, 2024 11:09

Qualcomm launched the Snapdragon X Plus 8-core processor as it looks to ramp up its push into the AI PC space, taking on Intel and AMD.

Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again

https://www.cnbc.com/2024/09/04/mortgage-refinance-demand-is-94percent-higher-than-a-year-ago.html

Published: September 4, 2024 11:00

Total mortgage application volume rose 1.6% last week, compared with the prior week, according to the Mortgage Bankers Association's seasonally adjusted index.

Alibaba to allow payment through Tencent's WeChat Pay for the first time on e-commerce apps

https://www.cnbc.com/2024/09/04/alibaba-to-allow-payment-through-tencents-wechat-pay-on-e-commerce-apps.html

Published: September 4, 2024 10:31

Alibaba's shopping platforms Taobao and Tmall will accept Tencent's WeChat Pay likely within this month, a source familiar with the matter told CNBC.

After Putin dodges arrest in Mongolia, the Kremlin says no one can hold Russia back

https://www.cnbc.com/2024/09/04/putin-dodges-arrest-warrant-in-mongolia-the-kremlin-touts-its-triumph.html

Published: September 4, 2024 09:30

There was more than a whiff of self-satisfaction from the Kremlin on Wednesday, after Russian President Vladimir Putin wasn't arrested on his trip to Mongolia.

Cathay Pacific confirms it expects A350s back in service within days after engine issue

https://www.cnbc.com/2024/09/04/cathay-pacific-expects-a350s-back-in-service-days-after-engine-issue.html

Published: September 4, 2024 08:57

The Hong Kong airline said 15 of the 48 Airbus A350s in its fleet were found to have engine fuel lines that required replacement.

European markets lower; tech stocks down 2.4% following declines on Wall Street

https://www.cnbc.com/2024/09/04/european-markets-stocks-watched-after-wall-street-rout-data-in-focus.html

Published: September 4, 2024 08:34

European stocks fell sharply at the open Wednesday, following steep losses on Wall Street Tuesday and in Asia-Pacific markets overnight.

Social media platform Bluesky attracts millions in Brazil after judge bans Musk's X

https://www.cnbc.com/2024/09/04/social-media-platform-bluesky-attracts-millions-in-brazil-after-judge-bans-musks-x-.html

Published: September 4, 2024 08:24

Following Brazil's recent ban of Elon Musk's X platform, its users in the country appear to switching over to rival platforms.

Volkswagen to face tense townhall as workers battle possible plant closures

https://www.cnbc.com/2024/09/04/volkswagen-to-face-tense-townhall-as-workers-battle-possible-plant-closures.html

Published: September 4, 2024 08:08

Management at German automotive giant Volkswagen is set to go toe-to-toe with workers on Wednesday as leaders are set to present details about possible cuts.

Robinhood lets Brits lend shares for extra income in bid to grow international footprint

https://www.cnbc.com/2024/09/04/robinhood-launches-stock-lending-product-in-the-uk.html

Published: September 4, 2024 07:58

Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.

CNBC Daily Open: Nvidia sinks and data’s weak, but hold on

https://www.cnbc.com/2024/09/04/stock-markets-nvidia-sinks-and-datas-weak-but-hold-on.html

Published: September 4, 2024 06:30

In the wake of Tuesday's sell-off, some investing advice from the recently reunited band Oasis: “Hold on/ Don’t be scared.”

Ukraine's Foreign Minister Dmytro Kuleba tenders resignation, parliament speaker says

https://www.cnbc.com/2024/09/04/ukraines-dmytro-kuleba-tenders-resignation-parliament-speaker-says.html

Published: September 4, 2024 06:21

Dmytro Kuleba has represented Ukraine's foreign interests throughout Kyiv's battle against the invasion of neighboring Russia.

'Many doors were slammed in our face’: Spice Girl Mel B speaks of music industry sexism in the 1990s

https://www.cnbc.com/2024/09/04/spice-girl-mel-b-speaks-of-music-industry-sexism-in-the-1990s.html

Published: September 4, 2024 05:43

Spice Girl Mel B says the iconic girl band wanted to "empower women" after facing sexism in the male-dominated music industry of the 90s.

Oil prices extend slump on likely restoration of Libyan production, OPEC+ plans to raise output

https://www.cnbc.com/2024/09/04/oil-prices-extend-slump-on-likely-resumption-of-libyan-production-opec-plans-to-raise-output.html

Published: September 4, 2024 05:13

Oil prices extended their previous session's losses on the back of Libya's oil production coming back online and a persistent weak demand in China.

The latest hiccup in Trump’s crypto launch: Deleted posts and a hacking claim

https://www.cnbc.com/2024/09/04/trump-crypto-launch-hack-election.html

Published: September 4, 2024 04:05

Donald Trump's new crypto project appears to fall prey to hack Tuesday.

Nvidia is a no-go for over half of this ultra-rich club's members with assets worth $165 billion

https://www.cnbc.com/2024/09/04/nvidia-is-not-favored-by-over-half-the-members-of-this-ultra-rich-club-.html

Published: September 4, 2024 03:31

Over half of Tiger 21's members don't invest in Nvidia, according to a recent asset allocation report released by the network of ultra high net worth investors.

India's Modi expected to usher in new era of bilateral agreements in Singapore visit

https://www.cnbc.com/2024/09/04/indias-modi-expected-to-usher-in-new-era-of-bilateral-agreements-in-singapore-visit.html

Published: September 4, 2024 01:48

The Indian prime minister had also visited Italy, Russia, Ukraine, Poland and Brunei in the last three months since his reelection.

Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

https://www.cnbc.com/2024/09/04/asian-chip-stocks-fall-after-nvidia-sell-off-on-wall-street-overnight.html

Published: September 4, 2024 01:39

In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.

CNBC Daily Open: Nvidia sinks and data’s weak, but stay strong

https://www.cnbc.com/2024/09/04/stock-markets-nvidia-sinks-and-datas-weak-but-stay-strong.html

Published: September 4, 2024 01:08

In the wake of Tuesday's sell-off, some investing advice from the recently reunited band Oasis: “Hold on/ Don’t be scared.”

Nikkei plunges 4%, leading losses in Asia after Wall Street plummets on weak U.S. data

https://www.cnbc.com/2024/09/04/asia-pacific-markets-set-to-fall-after-recession-fears-heighten-nvidia-tumbles.html

Published: September 4, 2024 00:58

Investors in Asia will be watching for any spillover from the U.S. tech sell off, led by Nvidia with a 9% drop

I reached financial freedom at the age of 38 – here are 4 money principles I live by

https://www.cnbc.com/2024/09/04/here-are-the-four-key-principles-i-used-to-reach-financial-freedom.html

Published: September 3, 2024 23:24

Today, Shao Chun, 38, lives off of his seven figure investment portfolio. Here are four money rules he lives by.

Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap

https://www.cnbc.com/2024/09/03/nvidia-slides-in-post-market-trading-after-drop-wiped-out-300-billion.html

Published: September 3, 2024 22:00

Nvidia's huge rise in recent years has been directly related to its dominance in AI chips for data centers.

Elon Musk's Starlink says it will block X in Brazil to keep satellite internet active

https://www.cnbc.com/2024/09/03/elon-musks-starlink-says-it-will-block-x-in-brazil.html

Published: September 3, 2024 21:09

SpaceX satellite internet service, Starlink, said it will comply with court orders to block social network X in Brazil.

Trump Media stock slides under $18, a new low since it began publicly trading

https://www.cnbc.com/2024/09/03/djt-trump-media-stock-low.html

Published: September 3, 2024 18:04

The DJT stock is often traded as a proxy of political support for Donald Trump in the presidential race against Vice President Kamala Harris.

Nvidia tumbles, leading chip stocks lower

https://www.cnbc.com/2024/09/03/nvidia-tumbles-leading-chip-stocks-lower.html

Published: September 3, 2024 18:01

Semiconductor stocks, led by Nvidia, fell Tuesday as the S&P 500 slid by more than 1%.

Former top aide to New York Gov. Hochul charged with acting as foreign agent for China

https://www.cnbc.com/2024/09/03/hochul-new-york-aide-china-arrested-agent.html

Published: September 3, 2024 16:42

Linda Sun, who had been New York Gov. Kathy Hochul's deputy chief of staff, is accused of laundering millions of dollars received from China.

European markets fall as sentiment turns wary; Stoxx 600 down 1%

https://www.cnbc.com/2024/09/03/european-markets-stock-moves-data-and-earnings-.html

Published: September 3, 2024 15:13

European stocks were lower Tuesday after a lackluster start to September trading.

Tesla Cybertruck is in a category of its own for better or worse

https://www.cnbc.com/2024/09/03/tesla-cybertruck-drive.html

Published: September 3, 2024 14:38

The Cybertruck, which in many ways is more "cyber" than "truck," has created a new segment in the automotive industry that it solely holds.

Volkswagen braces for showdown with unions after warning of possible German plant closures

https://www.cnbc.com/2024/09/03/volkswagen-braces-for-a-showdown-as-it-considers-german-plant-closures.html

Published: September 3, 2024 13:18

Volkswagen's management is expected to lay out their cost-cutting plans to about 18,000 workers at a town hall meeting in Wolfsburg on Wednesday.

'Golden era' for Hong Kong retail is over as Chinese tourists continue to tighten their purse strings

https://www.cnbc.com/2024/09/03/golden-era-for-hong-kong-retail-is-over-as-chinese-tourists-continue-to-tighten-their-purse-strings.html

Published: September 3, 2024 13:10

Real estate analysts claimed that the shopping frenzy the city once experienced will not return "for a long, long time."

Why does Couche-Tard want to buy 7-Eleven? It's a 'cheap' stock, says portfolio manager

https://www.cnbc.com/2024/09/03/why-does-couche-tard-want-to-buy-7-eleven-its-a-cheap-stock-say-portfolio-manager-.html

Published: September 3, 2024 13:09

There is little to improve in Seven & i's core business, but the company is cheaper than global counterparts, Comgest's Kaye said.

Russia signals its official stance on using nuclear weapons is about to change, accusing the West of 'escalation'

https://www.cnbc.com/2024/09/03/russia-hints-at-changing-stance-on-using-nuclear-weapons.html

Published: September 3, 2024 13:07

Russia has again hinted that it is making changes to its official policy on the use of nuclear weapons, as Ukraine's incursion into the Kursk region continues.

Rolls-Royce shares rise after Cathay Pacific says A350 engine issue affects limited flights

https://www.cnbc.com/2024/09/03/rolls-royce-rebounds-after-engine-issue-grounds-cathay-pacific-flights.html

Published: September 3, 2024 13:00

Cathay Pacific has identified an engine component failure in 15 of its A350 aircraft, a long-range, wide-body which uses Rolls-Royce engines.

Starlink in Brazil's crosshairs as spat over Elon Musk's X escalates

https://www.cnbc.com/2024/09/03/brazil-x-ban-elon-musks-starlink-in-crosshairs-as-spat-escalates.html

Published: September 3, 2024 12:51

The confrontation between Brazil and Musk continues to escalate over the country's decision to block his social media company X.

Mongolia was meant to arrest Russia's President Putin last night. It didn't, and now it's in trouble

https://www.cnbc.com/2024/09/03/putins-mongolia-trip-defies-icc-arrest-warrant-what-could-happen-next.html

Published: September 3, 2024 11:38

Mongolia, as a member of the International Criminal Court, should have arrested the Russian president as soon as he landed on Mongolian soil Monday evening.

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

https://www.cnbc.com/2024/09/03/zilch-posts-first-profit-and-appoints-ex-aviva-ceo-to-board.html

Published: September 3, 2024 10:29

Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.

China's property woes and U.S. sanctions have hit some cities hard

https://www.cnbc.com/2024/09/03/chinas-property-woes-and-us-sanctions-have-hit-some-cities-hard.html

Published: September 3, 2024 10:25

Hangzhou, capital of the eastern Zhejiang province and home to Alibaba and other tech companies, ranked first in this year's rankings.

First France, now South Korea — Telegram's legal troubles are only growing. Here's why

https://www.cnbc.com/2024/09/03/first-france-now-south-korea-telegrams-legal-troubles-are-only-growing-heres-why.html

Published: September 3, 2024 09:11

Telegram is facing a probe in South Korea, where police suspect it of helping spread illicit deepfake porn, adding to the platform's mounting legal troubles.

Chinese consumer brands look to crack the global market with Singapore as a testbed

https://www.cnbc.com/2024/09/03/chinese-consumer-brands-look-to-crack-the-global-market-with-singapore-as-a-testbed.html

Published: September 3, 2024 07:36

Chinese consumer brands are using Singapore as a cultural testbed in their push to build an international business.

Asia-Pacific markets mostly fall after South Korea's inflation rate hits 42-month low

https://www.cnbc.com/2024/09/03/asia-markets.html

Published: September 3, 2024 07:23

South Korea's headline inflation for August eased to 2% form 2.6%, its lowest level since March 2021

JPMorgan economist says China's housing market crash is still not over

https://www.cnbc.com/2024/09/03/jpmorgan-economist-says-chinas-housing-market-crash-is-still-not-over-yet.html

Published: September 3, 2024 01:53

China's troubled housing market could see prolonged softness, as a slew of government stimulus and supportive measures have not been "satisfactory."