Economic events
It was ‘tough on China’ week in Congress, one of the few issues both parties agree on
An exterior view of the U.S. Capitol in Washington, DC on September 9, 2024. Members of the Senate and U.S. House of Representatives return to the Nation’s capitol, following their August recess. Bonnie Cash | Getty Images News | Getty Images From drones to drugs, House lawmakers sought to portray themselves as tough on China as they […]
Read More
Why the European Union’s tariffs on Chinese automakers may not work
By the end of October, the European Union will make a final decision on what some analysts call the biggest EU trade case against China in more than a decade. But automakers and countries are divided over whether to place tariffs — so far of up to 36.3% — on Chinese electric vehicles. A German […]
Read More
CNBC’s Inside India newsletter: What happens when the Fed cuts rates?
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 and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story The Federal Reserve is almost certain to start its rate-cutting cycle next week. Historically, a […]
Read More
Japanese wage growth to surpass inflation for the first time in over 30 years, says asset management firm
Japanese girls hanging out on Shibuya streets of Tokyo, Japan. Ferrantraite | E+ | Getty Images Japanese wages are expected to grow in real terms in the second half of 2024 for the first time in more than three decades, according to Asset Management One. Wages in Japan are rising more rapidly than they did […]
Read More
Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close
In this combination of photos taken in Pennsylvania, Democratic presidential nominee Vice President Kamala Harris speaks at a campaign event, Aug. 18, 2024, in Rochester, left, and Republican presidential nominee former President Donald Trump speaks during a campaign event, Aug. 19, 2024, in York. AP A gauge of economic misery that has a strong track […]
Read More
Presidential debate crib sheet: U.S. economy numbers to know
When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect them to arrive with a stockpile of talking points about the U.S. economy. In the weeks leading up to their head-to-head debate, hosted by ABC News, both Harris and Trump have unveiled new economic proposals. […]
Read More
CNBC Daily Open: Markets don’t always reflect the state of the economy
Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Michael M. Santiago | 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 […]
Read More
CNBC Daily Open: Why markets aren’t always a good barometer for the economy
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. Brendan Mcdermid | Reuters 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 they […]
Read More