World
Netflix wanted to beat Disney in family animation. ‘KPop Demon Hunters’ is its best chance
“We want to beat Disney in family animation,” then Netflix CEO Reed Hastings said in an interview in September 2020. At the time, anyone would say that was a tall order. Disney has almost a century of experience of producing animated films, dating back to 1937’s “Snow White.” Since then, the studio has produced hits […]
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Japan’s economy expands more than expected in second quarter as net exports remain resilient
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Japan’s economy expanded 0.3% in the second quarter of 2025 compared to the first three months of the year, beating forecasts despite tariff headwinds out of the United States. This was compared to the revised 0.1% growth seen […]
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Chicago Fed president wants to see a ‘few months of data’ on inflation to gauge economy’s health
What does a donut tell us about the state of the economy? Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield, Illinois. Even inside a donut shop, the effects of tariffs on the economy can be seen. “It’s sort of surprising, because donuts seem like a very […]
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Asia markets open higher as investors await key economic data in the region
Here are the opening calls for the day Happy Friday from Singapore. Asia markets are set for a mixed open. Australia’s S&P/ASX 200 was set to start the day marginally lower with futures tied to the benchmark at 8,838, compared with the index’s last close of 8.873.8. Japan’s Nikkei 225 was set to open higher, […]
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S&P 500 futures are little changed after benchmark notches another all-time high: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on August 12, 2025 in New York City. Spencer Platt | Getty Images S&P 500 futures are near flat Thursday night following the benchmark index’s third straight record close. Futures tied to the benchmark index ticked down 0.1%, while Nasdaq 100 futures shed […]
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Warren Buffett’s Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth
People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, on May 3, 2025. Brendan McDermid | Reuters Warren Buffett’s Berkshire Hathaway revealed a new stake in troubled insurer UnitedHealth last quarter, according to a regulatory filing, a surprising buy because of the company’s current […]
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What’s behind the $8-billion hit to Saudi Arabia’s massive wealth fund
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s mammoth sovereign wealth fund saw a major decline in investments in its so-called “gigaprojects,” amounting to an $8 billion write-down at the end of 2024 — despite assets under management reaching nearly $1 trillion, according to its annual report. Gigaproject […]
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Wholesale prices rose 0.9% in July, much more than expected
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed. The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for […]
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CNBC’s Inside India newsletter: As India’s rich venture abroad, many anchor fortunes in real estate
Hello, this is Amala Balakrishner, writing from Singapore. This week, I look at how India’s wealthy are anchoring their fortunes in real estate. Enjoy! This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. […]
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S&P upgrades India rating on economic resilience, sustained fiscal consolidation
An employee works inside a textile mill at Bhilwara in India’s Rajasthan state, on July 6, 2025. Himanshu Sharma | Afp | Getty Images Credit rating agency S&P Global upgraded India’s long-term unsolicited sovereign credit ratings to “BBB” from “BBB-” on Thursday, citing economic resilience and sustained fiscal consolidation. The agency had revised the outlook […]
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