Day: August 11, 2025
Asia-Pacific markets set for mixed open ahead of RBA rate decision, key U.S. inflation data
U.S. futures mostly move up in early Asia hours Here are the opening calls for the day Good morning from Singapore. The U.S.-China trade truce extension overnight has allowed the world’s largest economies more room to negotiate a deal. Investors, meanwhile, await the Australian central bank’s rate decision. The Reserve Bank of Australia is expected […]
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Trump says he’s nominating E.J. Antoni as Bureau of Labor Statistics commissioner
Dr. E.J. Antoni, nominee for the Commissioner of the Bureau of Labor Statistics stands next to Donald Trump in the Oval Office. Courtesy: Donald J. Trump via Truth Social President Donald Trump said Monday that he will nominate the economist E. J. Antoni as commissioner of the Bureau of Labor Statistics. Antoni would replace Erika […]
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European defense giants could be about to get another big push higher, Bank of America says
European defense stocks could be set for another big tailwind, according to an analyst who says the sector is about to see a surge in demand from one particular pocket of the market. Speaking to CNBC’s “Squawk Box Europe” on Thursday, Ben Heelan, Bank of America’s head of EU industrials research, said his team expects […]
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Stock futures are little changed ahead of July inflation report: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on April 9, 2025. Timothy A. Clary | Afp | Getty Images Stock futures were little changed on Monday, as investors prepare for a fresh inflation report. Futures tied to the Dow Jones Industrial Average fell 9 points, or 0.02%. […]
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Trump flip-flops on Intel CEO, calls him ‘success’ days after demanding resignation
Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan May 19, 2025. Ann Wang | Reuters President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended […]
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Sinclair is exploring merger options for its broadcast business
Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, the company said Monday. The company and its […]
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Wall Street is concerned about the reliability of government inflation data on the eve of CPI report
This week’s inflation data will be huge for markets, and not just for the numbers. Beneath the Bureau of Labor Statistics’ reports on consumer and producer prices will be simmering questions over the data’s validity. Those concerns have accelerated as budget cutbacks have forced the agency to change the way it collects data. On top […]
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StubHub IPO is back on for September after ticketing company delayed plans on tariff concerns
StubHub, the ticketing marketplace that spun out of eBay in 2020, has resumed its plans to go public and is now aiming to hold its IPO next month, CNBC has learned. The company originally paused its IPO plans in April as the stock market was reeling from President Donald Trump’s “liberation day” tariffs. The decision […]
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The big opportunity in these tax-free bonds may be short lived — ‘the ship is leaving the port,’ says strategist
The opportunity to scoop up municipal bonds at attractive prices isn’t going to last forever, according to strategist Tom Kozlik. The head of public policy and municipal strategy at Hilltop Securities has been warning investors that a ” window of opportunity ” may close fast once the idea that the Federal Reserve is destined to […]
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Stock market ‘party’ to be ruined by ‘sudden’ economic slowdown, says Stifel
A sudden economic shock can bring the end of the current stock market euphoria, Stifel warned. Stifel’s Thomas Carroll and Barry Bannister wrote in a Monday note that an economic slowdown could be in the cards. That in turn can mean bad news for stocks despite the rally to all-time highs seen this year. “As […]
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