World economy
Trump reportedly considering important alteration to tariff plans
U.S. President-elect Donald Trump looks on during Turning Point USA’s AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. Rebecca Noble | Getty Images President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the focus to a select set of goods and services, […]
Read More
Several commodities face headwinds in 2025 — but this metal’s record rally is set to continue
Gold bullions are displayed at GoldSilver Central’s office in Singapore June 19, 2017. Edgar Su | Reuters Commodity prices are largely expected to fall in 2025 due to a sluggish global economic outlook and a resurgent dollar, but gold and gas prices are poised to rally this year, according to industry experts. Commodities had a […]
Read More
European markets set to open higher after Christmas closure
European stocks were set to open higher on Friday, as regional markets resume trading following a closure for the Christmas holiday. The FTSE 100 is expected to open 34 points higher at 8,136, according to data from IG, while the German DAX is slated to gain 40 points at 19,888 and the French CAC 40 […]
Read More
CNBC’s Inside India newsletter: Delhi’s suffocating smog conundrum
TOPSHOT – A rickshaw drives along a road under heavy smog conditions, in New Delhi Sajjad Hussain | Afp | Getty Images 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 […]
Read More
Wharton’s Jeremy Siegel says stock sell-off is ‘healthy’ as cautious Fed gives investors a ‘reality check’
The stock sell-off on Wall Street was “healthy,” as the Federal Reserve’s cautionary projection on future rate cuts gives investors a “reality check,” according to Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School. The U.S. Federal Reserve cut interest rates by a quarter percentage point at its last meeting of the […]
Read More
Luxury safaris are changing — here’s what affluent travelers want now
Luxury safari-goers were once all about spotting lions, leopards, elephants, buffaloes and rhinos — albeit while staying in nicer tents and dining on gourmet food. But that’s changing. “Safaris are not just about the ‘Big Five’ anymore,” said Lori Cohen, a writer who covers luxury safaris. “People have got limited time off in their lives, […]
Read More
CNBC’s Inside India newsletter: India’s central bank has a new governor. Three experts reveal what they’d do in his shoes
Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images This report is from […]
Read More
From Trump and Turkey, to Russia and Iran — Syria’s regime change has huge global consequences
TOPSHOT – This aerial picture shows a bullet-riddled portrait of Syrian President Bashar al-Assad adorning Hama’s municipality building after it was defaced following the capture of the city by anti government fighters, on December 6, 2024. Omar Haj Kadour | Afp | Getty Images The dramatic toppling of Bashar al-Assad’s Syrian regime at the hands […]
Read More
China vows ‘more proactive’ fiscal stimulus measures, ‘moderately’ looser monetary policy
Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China’s National Day in Beijing, China on September 28, 2023. Jade Gao | Pool | via Reuters China’s leaders on Monday pledged “more proactive” fiscal measures and “moderately” looser monetary policy next year to boost domestic consumption, according […]
Read More
An archbishop’s knock formally restores Notre Dame to life as winds howl and heads of state look on
This photograph shows video mapping on the facade of Notre-Dame de Paris cathedral a few days before its reopening after reconstruction following the fire on April 15, 2019 when it was devastated, in Paris on December 5, 2024. Ludovic Marin | Afp | Getty Images Howling winds couldn’t stop Notre Dame Cathedral ‘s heart from […]
Read More