A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty ImagesCNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will discuss what it means to innovate and grow by collaborating and sharing ideas across industries.Viewers can watch the live stream of the event and hear from speakers including Singapore’s Deputy Prime Minister Kim Yong Gan, Alibaba Group Chairman Joe Tsai, Bridgewater Associates Founder…
Author: usaeverydaylife
President Volodymyr Zelensky of Ukraine was losing popularity at home for months, seen by many as a thin-skinned leader who had concentrated power around him. Political opponents saw an opening to win a future election against him. His former top general in the war against Russia had a higher approval rating.Enter President Trump. In recent weeks, he has echoed Moscow’s talking points on the war and called Mr. Zelensky a “dictator without elections” who “has done a terrible job.” Mr. Trump and his allies have demanded new presidential elections in Ukraine, despite the war, and humiliated Mr. Zelensky at a…
QINGDAO, CHINA – JANUARY 08: Customers browse at an electronics shop amid an ongoing nationwide trade-in subsidy program on January 8, 2025 in Qingdao, Shandong Province of China. Zhang Ying | Visual China Group | Getty ImagesBEIJING — China’s latest move to boost consumption isn’t meant to jolt all kinds of spending.Policymakers last week doubled subsidies for a consumer trade-in program to 300 billion yuan ($41.47 billion) this year, matching market expectations — and again steering clear of cash handouts. The subsidies will go toward around 15% to 20% of the purchase price for select products, including mid-range smartphones and home…
There are lots of reasons to be excited about natural gas, according to the CEO of EQT Corp., the largest pure-play producer of the commodity in the U.S. “The market is screaming that we need more energy in this world,” EQT president and CEO Toby Rice told CNBC’s Brian Sullivan in an interview at the CERAWeek by S & P Global energy conference in Houston. Rice cited several factors that will support demand for natural gas, including the shift in electric power generation to natural gas from coal, increased use of LNG and the need for more power to fuel…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMark Mahaney, Evercore ISI, joins ‘Fast Money’ to talk the rotation out of Big Tech and how he is navigating the space.04:443 hours ago Source link
TOPSHOT – Customers enter an electronics shop in the Akihabara district of Tokyo on January 12, 2024. Richard A. Brooks | Afp | Getty ImagesJapan’s economic growth slowed to 2.2% on an annualized basis in the fourth quarter, complicating the central bank’s case for a further interest rate hike in the near term.The revised data came in lower than economists’ median forecast and the initial estimate of 2.8% growth.On a quarter-to-quarter basis, GDP expanded 0.6%, compared with a 0.7% growth in preliminary data released last month, the Cabinet Office’s revised data showed on Tuesday.The Bank of Japan is likely to keep…
A man looks at an electronic board displaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024.Kazuhiro Nogi | Afp | Getty ImagesAsia-Pacific markets slid on Tuesday, tracking losses in the U.S. following anxiety over tariff policy and a potential recession in the world’s largest economy.Japanese markets led losses in the region, with the benchmark Nikkei 225 falling over 2% shortly after the open, while the broader Topix index fell 1.57%.The country’s revised GDP for the fourth quarter came in at 2.2% on an annualized basis, below economists’ expectations and the…
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 Nasdaq Composite posted its worst day since September 2022, and what’s on the radar for the next session. Markets in the U.S.A. The Dow Jones Industrial Average is now down 0.7% since Election Day on Nov. 5. The New York Stock Exchange Composite is down 1.3% since Nov. 5. The S & P 500 is down 2.9% since…
Carter Worth, Worth Charting, joins ‘Fast Money’ to talk how to play the market pullback. Source link
A jury on Monday quickly and completely rejected a man’s claim that Disney’s “Moana” was stolen from his story of a young surfer in Hawaii.The Los Angeles federal jury deliberated for only about 2 ½ hours before deciding that the creators of “Moana” never had access to writer and animator Buck Woodall’s outlines and script for “Bucky the Surfer Boy.”With that question settled, the jury of six women and two men didn’t even have to consider the similarities between “Bucky” and Disney’s 2016 hit animated film about a questing Polynesian princess.Woodall had shared his work with a distant relative, who…
