Economic events
China’s Singles’ Day stumbles as frugal shoppers shrink the world’s biggest sale
JD.com and Alibaba are operating in Suqian City, Jiangsu Province, China, on Dec. 29, 2023. Costfoto | Nurphoto | Getty Images BEIJING — Preliminary figures for China’s biggest shopping event of the year indicated slower sales as consumers tie their purse strings tighter amid weak economic growth. The Double 11 shopping festival this year recorded […]
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CNBC’s Inside India newsletter: India’s millennial and Gen Z heirs are redefining family wealth. Startups are their bets
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. Subscribe here. The big story Rajat Mehta, scion of Mumbai-based Mehta Group, walked out of the listing ceremony of Billionbrains Garage Ventures or Groww, on Wednesday, feeling vindicated. The company he backed in 2016 […]
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UK economy grows by a meager 0.1% in the third quarter, missing expectations
Shoppers and visitors on London’s Oxford Street brave the bad weather using Union Flag umbrellas on 6th May 2024. Mike Kemp | In Pictures | Getty Images The U.K. economy grew a meager 0.1% in the third quarter, according to preliminary figures from the Office for National Statistics. Economists polled by Reuters expected the economy […]
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British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves
Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images U.K. assets were volatile in morning trade on Tuesday, as investors weighed the economic impact of a weakening labor market ahead of a critical budget and the final interest rate decision of the year. Data released by […]
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CNBC Daily Open: Don’t hit panic button on tech pullback just yet
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images November is historically the best month for the S&P 500, which gains an average of 1.8% during the period, according to the Stock Trader’s Almanac. But the first full trading […]
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CNBC Daily Open: Too early to fret about tech pullback?
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images November is historically the best month for the S&P 500, which gains an average of 1.8% during the period, according to the Stock Trader’s Almanac. But the first full trading […]
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Retailers’ holiday hiring to hit lowest level since the Great Recession, says major industry trade group
Shoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20. David Paul Morris | Bloomberg | Getty Images Holiday hiring by retailers is expected to total between 265,000 and 365,000 roles this year, the […]
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CNBC’s Inside India newsletter: India’s ‘back offices’ are evolving into leadership hubs for global companies
The SAP Labs India Pvt. office in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful […]
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Bank of England rate cut a close call ahead of the Autumn Budget
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images LONDON — The Bank of England on Thursday is set to make its last interest rate decision before the Autumn Budget later this month, with economists saying […]
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UK Exchange: A minimum wage hike — with maximum consequences
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Although her next Budget remains three weeks away, exhausted political commentators are already confident of some measures to be announced by Rachel Reeves, the U.K.’s finance minister. One is a further extension of the freeze in […]
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