Filming an elevated overpass in Shanghai evening on a high-rise buildingGuowei Ying | Moment | Getty ImagesAsia-Pacific markets rose on Thursday after a soft inflation report in the U.S. helped two of the three benchmarks on Wall Street reverse course from two days of losses.The consumer price index — a broad-based measure of costs across the U.S. economy — increased 0.2% month-on-month in February, putting the annual inflation rate at 2.8%.Australia’s S&P/ASX 200 was trading 0.32% higher, reversing course from losses in the previous two sessions.Over in Japan, the benchmark Nikkei 225 picked up 1.22% at the open, while the broader Topix…
Author: usaeverydaylife
INDIAN WELLS, Calif. — It’s an annual ritual. Players descend on the California desert and almost universally declare it an ideal location for a major tennis tournament. The sun, the dry air, the luxe accommodations, the jagged hills and mountains that loom just beyond the Indian Wells Tennis Garden outside Palm Springs.Then they take to the purple and green hard courts with the big bounces that usually only happen on red clay. Another collective shout goes up, and it’s not so adoring.“Hey, wait a minute, I thought this was supposed to be a hard court.”This year, they might have arrived thinking…
Russia’s president, Vladimir V. Putin, dressed in fatigues, visited a command post near the front in Kursk late Wednesday to cheer on his military’s ejection of Ukrainian forces from much of the territory they had been occupying in the Russian border region.The Russian leader’s pointed visit came a day after a U.S. delegation met in Saudi Arabia with Ukrainian officials, who agreed to a 30-day cease-fire in the war. American officials planned to take the proposal to Mr. Putin, who has previously said he is not interested in a temporary truce.Dressed in a green camouflage uniform, Mr. Putin sat at…
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 posted a winning day in what’s been a rocky week, and what’s on the radar for the next session. Target The stock fell 4.86% on Wednesday. Target is now 41% from the April 1 high. On Wednesday night, “Fast Money” contributor Courtney Garcia asked the rhetorical question of whether the consumer is deteriorating. Also…
Jared Holz, Mizuho, joins ‘Fast Money’ to talk Novo Nordisk stock nearing two-year lows. Source link
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo.Drew Angerer | Afp | Getty ImagesMeta is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, including allegations of sexual harassment by the company’s policy chief. An emergency arbitrator ruled Thursday that Sarah Wynn-Williams is prohibited from promoting “Careless People,” her book that was released Tuesday by Flatiron Books, an imprint of publisher Macmillan Books.The memoir chronicles Wynn-Williams’ tenure at Facebook from 2011 through…
Former Tennessee Sen. Brian Kelsey, left, arrives at federal court, Nov. 22, 2022, in Nashville, Tenn. On Monday, July 8, 2024, a federal appeals panel ruled to keep a 21-month prison sentence in place for the former Tennessee state senator who tried to withdraw his guilty plea on campaign finance law violations.Mark Humphrey | APPresident Donald Trump issued a pardon to former Tennessee state Sen. Brian Kelsey, just 15 days after that Republican began serving a 21-month prison sentence for a campaign finance conspiracy criminal conviction.”God used Donald Trump to save me,” Kelsey, 47, told CNBC in a phone interview…
NEW YORK — Jon Rothstein makes an abrupt U-turn, reversing course from the restroom back toward his laptop.“We got something,” Rothstein says, eyes dancing.He’s due on an adjacent set in less than 10 minutes for the “Inside College Basketball” pregame show on CBS Sports Network, but a power conference head coach just texted with a rather trivial injury update. That’s enough to send Rothstein beelining to his X account, quickly reporting the news to his 400,000 followers. His bladder, and live television, will have to wait.This is, to be fair, completely predictable. A chalk outcome where the heavy favorite prevails. Rothstein has…
Alibaba’s Chairman Joe Tsai speaking at CNBC’s CONVERGE LIVE event in Singapore on Wednesday.CNBCThe future of artificial intelligence is a major topic of conversation among global tech and business leaders at CNBC’s CONVERGE LIVE in Singapore. Numerous big-name company bosses talked up the potential of AI and discussed how it’s expected to impact the future of work and productivity. Here’s a compilation of quotes from some of the top corporate leaders attending CONVERGE LIVE this week:Joe Tsai, chairman of Alibaba GroupJoe Tsai, chairman of e-commerce giant Alibaba, spoke about how AI can enhance productivity and boost global GDP, with a total addressable…
U.S. President Donald Trump talks to the media, next to Tesla CEO Elon Musk with his son X Æ A-12, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | ReutersMore than eight out of every 10 respondents to a Morgan Stanley survey believe Tesla CEO Elon Musk’s controversial political activities are hurting his business.In total, 85% of the 245 participants polled by the firm believe Musk’s foray into politics has either had a “negative” or “extremely negative” impact on business fundamentals. The majority of respondents also expect Tesla deliveries to fall this year, according to the…
