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India’s finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
Nirmala Sitharaman, India’s finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024. Bloomberg | Bloomberg | Getty Images As the Indian government walks a tight rope between fiscal prudence and reviving growth, experts suggest it will likely favor cutting deficit in its annual budget […]
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BlackRock CEO Fink: I’ve never heard so much pessimism on the future of Europe
There’s severe “pessimism” about the future of Europe at Davos, according to Larry Fink, chief executive of BlackRock . Taking a contrarian approach, however, Fink — who leads the world’s largest investment manager — suggested that the overwhelmingly negative sentiment on Europe’s future, economy and capital markets could mean things are about to turn around. […]
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Goldman says it’s not too late to move out of cash to nab more yield. Here’s what it likes
It is not too late to start thinking about moving out of short-term cash instruments and into longer-duration bonds, according to Goldman Sachs Asset Management. Investors have been enjoying solid yields on their cash , although those payouts are down from recent highs. The Crane 100 Money Fund Index , which is based on the […]
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Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
The Euro sculpture near the Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Commerzbank is taking the precautionary move ahead of its engagement with UniCredit SpA, according to people familiar with the matter. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images European banking leaders are […]
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CNBC Daily Open: China’s GDP meets official target, Apple has worst day in months
The sign of the 7th China International Import Expo is seen with the skyline of the Lujiazui Financial District in the background on Nov. 2, 2024, in Shanghai, China. VCG | Visual China Group | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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CNBC Daily Open: Apple’s fall overshadows positive bank earnings
An Apple Store in the Jiefangbei commercial district, adorned with a golden apple and snake motif to celebrate the Chinese Year of the Snake, on Jan. 14, 2025 in Chongqing, China. Cheng Xin | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open […]
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CNBC Daily Open: A missing Santa Rally isn’t necessarily bad news
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | 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 […]
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The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among […]
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CNBC Daily Open: Investors are filled with the festive spirit
Tayfun Coskun | Anadolu | 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 they are. Like what you see? You can subscribe here. What you need to know today New highs for S&P […]
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CNBC Daily Open: Investors are filled with the holiday spirit
A Christmas tree, with NYSE branded ornaments, stands in front of The New York Stock Exchange on December 20, 2021 in New York City. Roy Rochlin | Getty Images Entertainment | 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 […]
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