Economic events
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China property stocks surge to highest levels in a year as stimulus rally continues
SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General…
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Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in…
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Saudi Arabia slashes growth forecasts, sees wider budget deficits
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…
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European markets kick off October trading on a high note; euro zone inflation data in focus
A shopping street in Steglitz district, Berlin, Germany. Getty Images LONDON — European stocks kicked off October trading in positive…
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Why the Fed’s rate cut won’t immediately help car buyers or sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville,…
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CNBC Daily Open: Shiny September days for stocks
Traders work on the floor at the New York Stock Exchange. Brendan Mcdermid | Reuters This report is from today’s…
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Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win
Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Japan’s Nikkei 225 tumbled over 4% on Monday, following a…
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China’s factory activity contracts less than expected in September
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images China’s…
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Why analysts are calling Cava the next Chipotle
Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. It posted a profit in…
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