Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision.
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CNBC Daily Open: Hoping for a 50-basis-point cut
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Asia-Pacific markets set to start 2026 on a mixed note
People celebrate the New Year at the Bank of China building in Central in Hong Kong, China, January 1, 2026. Lam Yik | Reuters Asia-Pacific markets are set to open mixed Friday to kick off the new year. All three major indexes in the U.S. pulled back on New Year’s Eve, but still clocked gains […]
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Yemen’s Aden airport shuts as Saudi-UAE rift deepens
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Flights at Yemen’s Aden international airport were […]
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Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant
Yum Brands logo Dado Ruvic | Reuters Sapphire Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut. The deal, first reported by the local Economic Times, comes as fast-food franchisees in India face slowing same-store […]
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