World
Mortgage rates hit highest level since July, crushing application demand
Residential homes in Discovery Bay, California, US, on Thursday, Nov. 7, 2024. Mortgage rates in the US increased to the highest level since July. David Paul Morris | Bloomberg | Getty Images Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop even […]
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European Union won’t allow attacks on borders, French minister says after Trump’s Greenland comments
France’s Foreign Minister Jean-Noel Barrot, pictured on January 3, 2025, has said the EU will not tolerate attacks on its territory after Donald Trump called for the U.S. to take control of Greenland. Omar Haj Kadour | Afp | Getty Images The European Union will not tolerate attacks within its borders, France’s Foreign Minister said […]
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Virginia Democrats maintain narrow legislative majorities after special election wins
The Virginia State flag and the American flag fly near the Virginia State Capitol. Drew Angerer | Getty Images Democrats won a pair of special legislative elections in Northern Virginia on Tuesday, according to The Associated Press, allowing the party to maintain its narrow majorities in both chambers. The special elections, both in districts in […]
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Wildfires rage in Los Angeles, forcing tens of thousands to flee
The Palisades Fire burns near homes amid a powerful windstorm on January 7, 2025 in Pacific Palisades, California. The fast-moving wildfire is threatening homes in the coastal neighborhood amid intense Santa Ana Winds and dry conditions in Southern California. Mario Tama | Getty Images News | Getty Images A rapidly growing wildfire raged across an […]
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CNBC Daily Open: Renewed inflation worries jolt markets
Shoppers at a produce store in the Chinatown district of San Francisco, California, U.S., on Monday, Jan. 6, 2025. David Paul Morris | Bloomberg | Getty Images 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 […]
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European markets expected to open broadly lower as traders assess the region’s economic outlook
European markets are expected to open broadly lower Wednesday as traders assessed the region’s economic outlook. The U.K.’s FTSE 100 index is expected to open 4 points lower at 8,242, Germany’s DAX down 40 points at 20,308, France’s CAC down 22 points at 7,477 and Italy’s FTSE MIB down 83 points at 34,922, according to data […]
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BYD brought hundreds of Chinese workers to Brazil on irregular visas, Reuters reports
A drone view shows BYD’s new electric vehicle (EV) factory’s construction site in Camacari, Brazil December 26, 2024. Joa Souza | Reuters Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country. A total of 163 […]
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CNBC Daily Open: Inflation returns to the picture
A tip jar at a cafe in the Brooklyn borough of New York, U.S., on Friday, Aug. 23, 2024. Yuki Iwamura | Bloomberg | Getty Images 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 […]
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Stock futures inch higher after tech-driven sell-off: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading of the new year on January 02, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures ticked higher on Tuesday night. The action comes after a sharp decline in Big Tech stocks and […]
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Asia-Pacific open lower after higher Treasury yields drag down Wall Street
The Seoul skyline at sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets opened lower Wednesday, tracking losses on Wall Street after Treasury yields rose and major U.S. tech stocks declined. Japan’s Nikkei 225 opened 0.57% lower, while the Topix lost 0.45%. South Korea’s Kospi rose 0.28% while the Kosdaq Index was flat. Shares […]
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