Economic events
- News
France’s new prime minister gets a baptism of fire after surprise Moody’s downgrade
Francois Bayrou, France’s incoming prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Friday, Dec.…
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Russia braced for mammoth rate hike amid fears it’s losing the battle against inflation
A customer with a cart chooses cheese at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty…
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Why fast-food companies like KFC and Chick-fil-A are betting on chicken tenders again
Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers…
Read More » - U.S. News
Federal Reserve is likely to cut interest rates next week. Here’s what that means for you
The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That…
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UK economy shrinks for second month, contracting 0.1% in October
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London…
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CNBC Daily Open: Inflation’s hot, but so are markets this year
Employees work at stations on the factory floor of Vanson Leathers, in their New Bedford factory, on Sept. 26. Lane…
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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.…
Read More » - Europe
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21,…
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Indian outbound travel will be ‘the story’ of the next decade, says Hilton executive
Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council. But the…
Read More » - U.S. News
Buoyed by Trump, U.S. dealers are optimistic on everything except electric vehicles 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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