ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJens Nordvig, Exante Data CEO and founder, joins ‘Fast Money’ to talk what the currency markets are signaling about investor sentiment.05:224 hours ago Source link
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SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty ImagesAsia-Pacific markets traded mixed Friday as investors await U.S. Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual economic symposium, which could offer clues into the path of interest rates.South Korea’s Kospi jumped 1.22% and the small-cap Kosdaq was 0.94% higher.Japan’s benchmark Nikkei 225 slipped 0.1% at the open, while the Topix rose 0.44%.The country’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before. The figure —…
Jeffrey Schmid, president and chief executive officer of the Federal Reserve Bank of Kansas City, right, during an interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Wednesday, Aug. 20, 2025.David Paul | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will be giving his keynote address at the annual Jackson Hole, Wyoming, gathering of central bankers and economists on Friday stateside.It’ll be one of the most important speeches by a central bank official — even more so than Powell’s press conferences after the Fed’s rate-setting meetings —…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCME Group CEO Terry Duffy joins ‘Fast Money’ to talk its partnership with FanDuel, growth drivers for the group, his outlook on the Federal Reserve and more. Source link
Jeep is rolling out a freshly designed model after six consecutive years of annual sales declines.The Stellantis automaker unveiled a new Jeep Cherokee on Thursday, the latest move to try to jump-start sales. It’s the first Jeep hybrid system, and the first for Stellantis in North America.The 2026 Jeep Cherokee redesign aims to evoke the iconic Cherokee SUV brand, which has dotted the company’s history for decades. Jeep had previously discontinued the model in 2023 under Stellantis’ former CEO Carlos Tavares as part of various cost-cutting measures.Thursday’s model marks the debut of Stellantis’ new 1.6-liter turbo-four hybrid powertrain, with more…
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024.Manuel Orbegozo | ReutersMeta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter.The agreement spans six years, said the people, who asked not to be named because the terms are confidential. The deal was reported earlier by The Information.Google is aiming to land big cloud contracts as it chases larger rivals Amazon Web Services and Microsoft Azure in cloud infrastructure. Earlier this year Google…
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023.Richard A. Brooks | Afp | Getty ImagesJapan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease.The figure — which strips out costs for fresh food — was higher than the 3% expected by economists polled by Reuters.Headline inflation in the country also dropped to 3.1%, coming down from 3.3% in June and marking its lowest since November 2024.The so-called “core-core” inflation rate, which strips out prices of both fresh food and energy and is…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 slid for a fifth consecutive day, and what’s on the radar for the next session. Stellantis’ Jeep Bob Broderdorf, CEO of Stellantis ‘ Jeep brand, will be live in the 7 a.m. hour ET with CNBC’s auto reporter Phil LeBeau and Squawk Box ‘s Becky Quick, Joe Kernen and Andrew Ross Sorkin as the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCME Group CEO Terry Duffy joins ‘Fast Money’ to talk its partnership with FanDuel to offer betting on financial markets.03:362 hours ago Source link
Walmart’s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. Walmart ended Thursday as the Dow’s biggest loser.”It was about as good of a quarter as any retailer could have in any environment,” he said on CNBC’s “Fast Money.” “I don’t get the decline in the market today at all.”Simon, who ran Walmart U.S. from 2010 to 2014, cites Walmart’s ability to engage shoppers with lower prices while absorbing tariffs as a key advantage.”If you liked them yesterday, I don’t know why you…
