Economic events
Sweden is feeling the heat from Trump tariffs — and there’s more to come
A Swedish national flag hanging from a shop in Gamla Stan in Stockholm, Sweden, on Thursday, Aug. 18, 2022. Bloomberg | Bloomberg | Getty Images Sweden’s economy and households are feeling the heat from U.S. trade tariffs, the Scandinavian country’s finance minister told CNBC — before the full force of the levies has even come […]
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Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect
A “We’re Hiring” sign at a NC Department of Adult Correction booth at a job and resource fair hosted by the Asheville Area Chamber of Commerce in partnership with NCWorks in Fletcher, North Carolina, US, on Wednesday, April 9, 2025. Allison Joyce | Bloomberg | Getty Images There seems little doubt now that hiring slowed […]
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CNBC’s Inside India newsletter: Wall Street and investors turn bullish on India after two turbulent quarters
Stock traders monitor share prices during an intra-day trading session at a brokerage house in Mumbai on April 8, 2025. Asian and European markets battled on April 8 to recover from the previous day’s tariff-fuelled collapse. US President Donald Trump slapped a flat 26 percent tariff on imports from India last week, with New Delhi […]
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Like it or not, NATO’s hitting a 5% defense spending target, U.S. says
U.S. Secretary of Defence Pete Hegseth attends the meeting of North Atlantic Council defence ministers during the NATO defence ministers’ meeting at the NATO headquarters on June 05, 2025 in Brussels, Belgium. Omar Havana | Getty Images News | Getty Images A higher defense spending target for NATO members is looking likely, as the alliance […]
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UK April inflation overstated because of car tax error, UK statistics agency says
Shoppers and visitors out on Oxford Street on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images A car tax data calculation error caused the U.K.’s inflation rate to be overstated by 0.1 percentage points for the year to April, the Office for National Statistics (ONS) said on Thursday. […]
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Treasury yields steady after sharp Wednesday declines on weak data
U.S. Treasury yields stabilized on Thursday after sharp declines notched Wednesday on the back of a slate of disappointing U.S. data. The 2-year yield rose less than 1 basis point to 3.885% at 3:26 a.m. EST, with the 10-year Treasury yield also up by less than 1 basis point at 4.371%. The 30-year long bond yield held steady […]
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CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
Shoppers carry bags on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in […]
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South Korea stocks extend post-election gains, hover near 10-month high amid mixed Asia markets
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded mixed Thursday, after private sector hiring in the U.S. hit its lowest level in over two years, raising concerns that trade policy uncertainty […]
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The European Central Bank is almost guaranteed to cut rates. Here’s what could happen next
A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025. Alex Kraus/Bloomberg via Getty Images The European Central Bank is all but guaranteed to trim its key interest rate on Thursday. Markets were last pricing in an […]
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CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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