Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision.
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CNBC Daily Open: Hoping for a 50-basis-point cut
World
U.S. payrolls increased by 147,000 in June, more than expected
Job growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor […]
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World
Apple’s China iPhone sales grows for the first time in two years
People stand in front of an Apple store in Beijing, China, on April 9, 2025. Tingshu Wang | Reuters Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its […]
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World
What the U.S.-Vietnam trade deal tells us about the future of tariffs
Workers at a Thai Son S.P. Co. garment factory endeavor to produce products for global clients, in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images Global attention turned to Vietnam on Thursday, after U.S. President Donald Trump announced a trade deal with Hanoi just days before […]
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