A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, Dec. 18, 2024.Michael Nagle | Bloomberg | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayMega automobile mergerNissan and Honda have begun official merger discussions, the two companies announced on Monday. The merged group has the potential to…
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The final trades of the day with CNBC’s Dominic Chu and the Fast Money traders. Source link
A Walmart truck pulls out of a Walmart Distribution Center in Hurricane, Utah, on May 30, 2024.George Frey | Afp | Getty ImagesThe Consumer Financial Protection Bureau filed a complaint Monday against Walmart and work-scheduling platform Branch Messenger for allegedly forcing delivery drivers to use poorly managed and costly deposit accounts in order to get paid.”Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers,” CFPB Director Rohit Chopra said in a press release. “Companies cannot force workers into getting paid through accounts that drain their earnings with junk fees.”The lawsuit alleges that,…
Spilled drinks, crunched laptop screens and crushed knees.A new video shows the reasons why reclining your seat on airplanes morphed from an acceptable practice into a top irritant for many air passengers. The video is part of an ad campaign launched in late November by the furniture company La-Z-Boy, which includes a petition imploring travelers to “Do the upright thing. Don’t recline when you fly.”The petition had more than 186,000 signatures as of Monday, a La-Z-Boy representative told CNBC Travel.The tongue-in-cheek campaign by the company, known for its plush oversized reclining chairs, touches on an increasingly hot-button issue, one stoked…
People posing for photos in front of a Christmas light installation in central Seoul on December 22, 2023.Jung Yeon-je | Afp | Getty ImagesAsia-Pacific markets opened higher on Christmas Eve, after key U.S. benchmarks rose overnight helped by gains in tech stocks.Japan’s Nikkei 225 and Topix opened nearly flat as investors awaited minutes of the the Bank of Japan’s October meeting.South Korea’s Kospi rose 0.31% while the Kosdaq was 0.72% higher.South Korea’s consumer confidence slipped to the lowest in over two years. The country’s consumer sentiment index dropped by more than 12 points from November to 88.4 in December, falling…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors. Source link
Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021.Cole Burston | Bloomberg | Getty ImagesDETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat to the country’s recovering automotive industry.Potential tariffs on vehicles and automotive parts are particularly alarming for the province of Ontario, the epicenter of Canada’s auto industry. Five automakers — Ford Motor, General Motors, Stellantis, Toyota Motor and Honda Motor — produced 1.54 million light-duty vehicles last year…
Eight teams are in. Thirteen are out. Eleven are clinging to hope — some with firmer grips than others.With two weeks to go, the NFL’s 14-team playoff picture is emerging. The No. 1 seed has yet to be decided in either conference, but the front-runners have put themselves in prime positions.In the AFC, it’s looking like the playoffs will run through Kansas City. One win from the Chiefs in their final two and they’ll clinch the conference’s top seed.The NFC, meanwhile, remains up for grabs. A week after the Lions saw their 11-game win streak end, the Eagles’ 10-game streak…
Former U.S. President Bill Clinton speaks on stage during the third day of the Democratic National Convention at the United Center on August 21, 2024 in Chicago, Illinois.Alex Wong | Getty ImagesFormer President Bill Clinton has been hospitalized in Washington after he developed a fever, a top aide told NBC News on Monday.Clinton, 78, “has been admitted to MedStar Georgetown University Hospital for testing and observation after developing a fever,” said Angel Ureña, Clinton’s deputy chief of staff.”He is in good spirits and grateful for the care he is receiving,” Ureña said.A source close to Clinton, the 42nd president, said the situation…
Carter Worth, Worth Charting, talks how he is playing Berkshire Hathaway. Source link
