World
China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
A job fair in China’s southwestern city of Chongqing on April 11, 2023. Str | Afp | Getty Images China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, data from the National Bureau of Statistics showed, amid an economic slowdown. The jobless rate for […]
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Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 billion
Rightmove logo is seen displayed in this illustration taken April 10 2023. Reuters | Dado Ruvic Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected. The latest offer consists of 341 pence in […]
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Here’s where to invest $1 million, according to the pros
Volatility was the name of the game as markets entered the second half of the year, with stocks going through wild swings since July. The U.S. Federal Reserve made its first cut in four years — and more are expected to come. Some are also calling for investors to move out of cash with rates […]
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India rules out joining world’s largest trade deal, accuses China of ‘very opaque’ trade practices
Indian flag and Chinese flag displayed on screen. Anadolu | Anadolu | Getty Images India’s commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world’s largest trade deal, maintaining that it is not in the country’s interest to be part of a free trade agreement with China. “India is not going […]
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CNBC Daily Open: Recession concerns still linger
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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Here are 3 stocks to buy after the Fed’s ‘crisis level cut,’ according to one strategist
The U.S. Federal Reserve’s bumper 50-basis-point interest rate cut last Wednesday caught several market watchers by surprise , one chief market strategist said — sharing where and how he’s investing in such an environment. The U.S. is “five weeks in front of what’s a very chaotic presidential election … and the Fed is never really […]
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Dow futures are little changed after clinching record high following Fed rate cut: Live updates
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty Images Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week’s interest rate cut propelled the blue-chip index to a record closing level. Futures tied to the 30-stock index lost […]
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Trump says he won’t run again in four years if he loses November election
Republican presidential nominee, former U.S. President Donald Trump arrives for a campaign event, his first since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan. Scott Olson | Getty Images Former President Donald […]
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At least 51 dead in Iran coal mine blast
Teams conduct rescue operation after the number of people killed in a methane gas explosion in a coal mine reportedly risen to 28 in Tabas district of South Khorasan, Iran on September 22, 2024. Anadolu | Anadolu | Getty Images A gas explosion in a coal mine in Iran’s South Khorasan Province killed at least […]
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A new ETF uses AI to emulate Warren Buffett’s investment style
Human investors who have tried to replicate Warren Buffett have mostly failed miserably, but now artificial intelligence is taking a crack at it. Investment startup Intelligent Alpha is working on launching the Intelligent Omaha ETF , with the ticker AIWB, that relies on AI to emulate the Berkshire Hathaway CEO’s investment philosophy and create a […]
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