World
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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Trump’s meeting with Putin is a win-win for European defense stocks, no matter the outcome
European defense stocks have further to run regardless of whether U.S. President Donald Trump and Russian counterpart Vladimir Putin achieve a breakthrough on the war in Ukraine later this week, market watchers say. Trump and Putin are slated to meet in person in Alaska on Friday, with a view to discuss what it would take […]
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European stocks set for muted open; UK economy grows more than expected
Carlsberg’s second-quarter sales miss expectations on soft volumes Brent Lewin| Bloomberg | Getty Images Danish brewer Carlsberg on Thursday reported slightly weaker-than-expected second-quarter sales on weaker volumes, but nevertheless raised its 2025 guidance towards the upper end. The world’s third-largest brewer posted revenues of 25.7 billion Danish kroner ($4 billion) in the three months to […]
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UK economy grows by better-than-expected 0.3% in second quarter
Thousands of sunbathers enjoy the hot, sunny weather on Brighton Beach in East Sussex. An amber heat-health alert is active nationwide, with temperatures expected to reach 34°C, during the UK’s fourth heatwave of the year. Sopa Images | Lightrocket | Getty Images The U.K. economy expanded by a better-than-expected 0.3% in the second quarter, according […]
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This 25-year-old brings in $245,000 a year with her side hustle: ‘Consistent actions compound over time’
Lillian Zhang, 25, brought in about $245,000 last year as a content creator. Courtesy of Lillian Zhang Gen Zer Lillian Zhang isn’t afraid of hard work. The 25-year-old says that she works 60 to 70 hours a week, balancing a full-time job at a big technology company and working on her side hustle as a […]
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CNBC Daily Open: Trump says tariffs haven’t caused inflation — economists think they will soon
Goldman Sachs chairman and CEO David Solomon speaks during Goldman Sachs analyst impact fund competition at Goldman Sachs Headquarters in New York City, U.S., November 14, 2023. Brendan Mcdermid | Reuters Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a […]
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Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take
Job cuts and muted earnings in India’s IT sector have left some investors wondering if they should steer clear of such stocks. Tata Consultancy Services, one of the country’s biggest private sector employers, announced last month that more than 12,000 staff in mostly middle and senior management roles would be cut. That accounts for around […]
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This startup wants the $80-billion U.S. railroad industry to switch from diesel to batteries
Voltify plans to build a series of energy microgrids to power its locomotive batteries, as shown in this computer-generated image. Voltify Daphna Langer has a bold ambition: To decarbonize the rail industry in less than a decade. How? By convincing U.S. freight railroad companies to switch from diesel power to rechargeable batteries — part of […]
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