World
JPMorgan reports before the bell Friday. What Wall Street is watching
The unofficial start of the second-quarter earnings season kicks off Friday with results from banking giants including JPMorgan Chase . Analysts polled by LSEG expect the financial behemoth to report earnings of $4.18 per share on $42.16 billion in revenue. Along with the top- and bottom-line numbers, Wall Street is also keeping close watch on […]
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CNBC’s Inside India newsletter: Modi in Moscow. What’s new?
Russia’s President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. (Photo by Gavriil GRIGOROV / Sputnik POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images) Gavriil Grigorov | Afp | Getty Images This report is from […]
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Millionaires are leaving Hong Kong, but its artwork scene is booming
The subsequent is a transcript of the online video. Narration: House to a host of monetary institutions, Hong Kong is one of the world’s wealthiest metropolitan areas. Nevertheless, above the past 10 years, the selection of millionaires in this article has fallen by 4%. Inspite of this, 1 sector in this ‘special administrative region’ is […]
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S&P 500 falls from record as investors rotate out of 2024 tech winners: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on July 11, 2024 in New York City. Spencer Platt | Getty Images The S&P 500 retreated from a record as investors rotated out of the big technology winners of the year like Nvidia, Microsoft and Meta. The catalyst for the move was […]
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Inflation falls 0.1% in June from prior month, helping case for lower rates
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for the Federal Reserve to start lowering interest rates later this year. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, declined 0.1% from May, putting the 12-month […]
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Britain’s largest water utility placed under special measures as it grapples with $19.7 billion debt pile
Engineers from a Thames Water leak hunting team unloads equipment from their van during a night shift in London, UK, on Wednesday, May 2, 2023. The chief executive of Britain’s biggest water supplier stepped down with immediate effect on Tuesday. Bloomberg | Bloomberg | Getty Images LONDON — British regulators on Thursday took the unprecedented […]
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UK launches new rules for listings in bid to boost growth for London’s stock exchange
A general view of a dragon boundary mark and the City of London skyline, the capital’s financial district, as the Bank of England raises UK interest rates to 4%. Vuk Valcic Sopa Images | Lightrocket | Getty Images The U.K.’s Financial Conduct Authority announced Thursday new rules for the country’s stock market listings in a […]
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Macron breaks his silence on France’s election earthquake as post-vote deadlock continues
France’s President Emmanuel Macron exits a polling booth, adorned with curtains displaying the colors of the flag of France, to vote in the second round of France’s legislative election at a polling station in Le Touquet, northern France on July 7, 2024. Mohammed Badra | Afp | Getty Images French President Emmanuel Macron broke his […]
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Treasury, IRS announce ‘major milestone’ of $1 billion in past-due taxes collected from millionaires
Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024. Kevin Dietsch | Getty Images News | Getty Images The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting more than $1 billion in tax […]
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JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers
NEW YORK, NEW YORK – MAY 26: The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City. Michael M. Santiago | Getty Images Data centers have been widely talked about and Malaysia is emerging as an attractive investment opportunity offering different sectors and ideas to play, according […]
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