An economist and investor nicknamed “Dr. Doom” sees a rough patch ahead for the U.S. economy, but isn’t advocating any panicked selling. Nouriel Roubini told CNBC that he expects the core personal consumption expenditures index — the Federal Reserve’s preferred inflation metric — to reach about 3.5% by the end of the year, and economic growth to weaken and possibly turn negative. Best known for calling the 2008 Global Financial Crisis, Roubini said the second half will amount to “a mini stagflationary shock,” and that the Fed will hold off on rate cuts until at least December. That view includes…
Author: usaeverydaylife
You’ve probably worked hard to build positive relationships. But what if, despite your best intentions, your communication is coming off as judgmental?As the author of “Managing Up,” an executive coach to top performers at the world’s biggest companies, and a professor of human behavior, I’ve seen how certain phrases — even ones that sound perfectly reasonable in your head — can chip away at trust.People may hesitate to share ideas or information with you. You may stop getting invited to meetings or to social events. And before you know it, you’re being labeled as resistant or not a team player. Here…
President Donald Trump’s announcement of a U.S.-Vietnam trade deal and a solid June jobs report lifted stocks last week, but investors can still find plenty of opportunities to snap up names at attractive levels.The recommendations of top Wall Street analysts can help inform investors as they search for the stocks of companies with strong fundamentals and solid growth opportunities. Here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.Dell TechnologiesThis week’s first stock pick is Dell Technologies (DELL), a provider of IT hardware, software, and services.Following meetings with management,…
Expect bitcoin to reach fresh all-time highs in the second half of the year as corporate treasuries accelerate their bitcoin buying sprees and Congress gets closer to passing crypto legislation, investors say. The cryptocurrency climbed nearly 30% in the second quarter although, strangely, many investors have called it a period of consolidation, with returns declining each month and bitcoin’s price remaining in the same narrow range for more than half the three months. It gained almost 15% in the first half of the year, compared to 45% in the same period a year ago. But Bitcoin is ready to fly…
A factory manufacturing medical devices.ReutersChina’s finance ministry said on Sunday it was restricting government purchases of medical devices from the European Union that exceed 45 million yuan ($6.3 million) in value, in retaliation to Brussels’ own curbs last month.Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs on China-built electric vehicles and Beijing slapping duties on imported brandy from the bloc.The European Union said last month it was barring Chinese companies from participating in EU public tenders for medical devices worth 60 billion euros ($70 billion) or more per year after concluding that EU firms were not…
Yoon Suk Yeol, South Korea’s president, arrives for a hearing at the Constitutional Court of Korea in Seoul, South Korea, on Tuesday, Jan. 21, 2025. Bloomberg | Bloomberg | Getty ImagesSouth Korean special prosecutors on Sunday filed a request to detain former President Yoon Suk Yeol on charges related to insurrection from when he declared martial law last year, the prosecutor’s office said in a statement. “Detention request is related to allegations of abuse of power and obstruction of justice,” the statement from the special counsel of prosecutors investigating the December 3 incident said. South Korea’s Constitutional Court upholds impeachment of…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.Pascal Rondeau | Hulton Archive | Getty ImagesCEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure. Leaders like Nissan’s Ivan Espinosa and UniCredit’s Andrea Orcel have also described adapting to similar pressures — stressing the importance of…
Flags of the European Union and the United States.Sean Gallup | Getty Images News | Getty ImagesCNBC’s assignment desk has a conundrum this week: how to approach July, 9.Why does this specific date matter? It’s the deadline for trade negotiations between the U.S. and European Union before the tariffs axe (maybe) falls once again.But President Donald Trump’s tendency to move deadlines makes it tricky to commit to a big coverage plan when the date could become redundant. However — as we saw with the surprise framework agreed between the U.S. and China in Geneva back in April — you also…
Just before the Dalai Lama turned 90, he announced that his successor would be selected through the traditional process of reincarnation. Mujib Mashal, The New York Times’s South Asia bureau chief, explains why this process could increase tensions with China. Source link
This image provided by NOAA shows Tropical Storm Chantal forming off the coast of the U.S. Carolinas on Saturday, July 5, 2025.NOAA via APTropical Storm Chantal formed off the southeast U.S. coast and was forecast to bring heavy rains to parts of the Carolinas on Saturday. Tropical storm warnings were issued for portions of the two states, the National Hurricane Center in Miami said.At 5 p.m. EDT, the storm’s center was located about 95 miles (150 kilometers) southeast of Charleston, South Carolina, and 165 miles (270 kilometers) south-southwest of Wilmington, North Carolina. Its maximum sustained winds were clocked at 45…
