npub1n3ws...75az 1 year ago

South Korean won falls sharply against the U.S. dollar after president declares state of emergency

CNBC

South Korean won falls, but is off lows amid political chaos in country

South Korea's won on Tuesday cut losses after the country's parliament swiftly passed a resolution to demand the lifting of martial law.

npub1n3ws...75az 1 year ago

French lawmakers to hold no-confidence vote against embattled Barnier government on Wednesday

CNBC

French lawmakers to hold no-confidence vote against embattled Barnier government on Wednesday

The motion will be debated at 4 p.m. on Wednesday, expected to be followed by a vote later in the evening.

npub1n3ws...75az 1 year ago

CNBC Daily Open: Investors are filled with the festive spirit

CNBC

CNBC Daily Open: Investors are filled with the festive spirit

Investors are still buzzing with positive sentiment, pushing stocks up to new records, but some analysts are concerned the good feelings are on fra...

npub1n3ws...75az 1 year ago

Coinbase policy chief expects speedy approval of crypto laws following Trump's victory

CNBC

Coinbase policy chief expects speedy approval of crypto laws following Trump's victory

Crypto legislation should make its way through Congress "fairly quickly" after Donald Trump's election win, according to Coinbase's chief policy of...

npub1n3ws...75az 1 year ago

India's economy expands by just 5.4% in the last quarter, well below expectations

CNBC

India's quarterly growth slumps to a near two-year low, well below expectations

The Reserve Bank of India had forecast an expansion of 7% for the period.

npub1n3ws...75az 1 year ago

Senate report slams airlines for raking in billions in seat fees

CNBC

Senate report slams airlines for raking in billions in seat fees

The Senate panel is calling airline executives to testify next week about their carriers' fees.

npub1n3ws...75az 1 year ago

Bitcoin slides toward $90,000 as price moves back after postelection rally

CNBC

Bitcoin slides toward $90,000 as price moves back after postelection rally

Bitcoin retreated further from the psychological $100,000 milestone as investors booked profits from the token's gains following the presidential e...

npub1n3ws...75az 1 year ago

Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

CNBC

Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts alb...

npub1n3ws...75az 1 year ago

Jim Cramer defends cryptocurrency support: 'National debt worries are never going to go away'

CNBC

Jim Cramer defends cryptocurrency support: 'National debt worries are never going to go away'

CNBC's Jim Cramer on Tuesday defended his stance on cryptocurrency.

npub1n3ws...75az 1 year ago

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

CNBC

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has le...

npub1n3ws...75az 1 year ago

Reddit targets international users for ad growth, teases bolstered search feature

CNBC

Reddit targets international users for ad growth, teases bolstered search feature

Reddit is ramping up efforts to attract more users outside of the U.S., with countries like India and Brazil in focus, a top company executive told...

npub1n3ws...75az 1 year ago

'Moana 2'-led Thanksgiving box office could be best in post-pandemic era

CNBC

'Moana 2'-led Thanksgiving box office could be best in post-pandemic era

The trifecta of "Moana 2," "Wicked" and "Gladiator II" could make this year's Thanksgiving box office the best in years.

npub1n3ws...75az 1 year ago

Oil watchers say inflation risks will stave off Trump's Canada tariff threat

CNBC

Oil watchers say inflation risks will stave off Trump's Canada tariff threat

Higher fuel prices are on the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts.

npub1n3ws...75az 1 year ago

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

CNBC

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

The personal consumption expenditures price index was expected to show inflation at 2.3% in October.

npub1n3ws...75az 1 year ago

'Europe's Detroit' built a thriving car industry. Trump tariffs now threaten to unravel its success

CNBC

'Europe's Detroit' built a thriving car industry. Trump tariffs now threaten to unravel its success

A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First" economic agenda.