Concerns about the steep valuations of artificial intelligence (AI) stocks and a questionable outlook for an interest rate cut in December weighed on investor sentiment in recent trading sessions. For now, however, Nvidia‘s solid earnings last week seemed to undermine the idea that everything tied to AI investment is inRead More →
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images The U.S. stock market continues to be volatile due to concerns about valuations of tech and artificial intelligence stocks and an uncertain macroeconomic backdrop. Given this scenario, investors seeking passive income can add some dividend stocks to their portfolios. AtRead More →
Heads of European financial institutions are warning of risks in the rapidly growing, multi-trillion-dollar private credit market, with one executive saying parts of it resemble a “casino.” Oliver Bate, chief executive of Allianz , one of the world’s largest insurers, told CNBC that “uncontrolled” growth in the private credit spaceRead More →
News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox Sign Up Now Get this delivered to your inbox, and more info about our products and services. Advertise WithRead More →
Democratic leaders in the United States are warning that President Donald Trump does not have the authority to deploy US troops to Chicago amid reports of administration plans to send National Guard soldiers to the Midwestern city. Trump, a Republican, has said he would likely expand the deployment of federalRead More →
In August, Time Out released its annual ranking of the word’s best cities, which includes the top cities for food, culture, and nightlife. For the first year, Time Out included the 10 best cities for for Gen Z to live in, according to them. The survey of over 18,500 peopleRead More →
Report says Karim Khan ‘privately threatened’ by then-Foreign Secretary David Cameron with UK’s withdrawal from International Criminal Court. New details have emerged about a series of intimidation campaigns, including threats to safety as well as possible sanctions, directed at the British chief prosecutor of the International Criminal Court (ICC) asRead More →
Sanctions said to target shipping network controlled by Mohammad Hossein Shamkhani, the son of a top adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei. The United States Department of the Treasury has imposed new sanctions on more than 100 Iran-linked individuals, companies and ocean-going vessels in what it described as its “largestRead More →
News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox Sign Up Now Get this delivered to your inbox, and more info about our products and services. Advertise WithRead More →
The Huawei flagship store and the Apple flagship store at Nanjing Road Pedestrian Street in Shanghai, China, Sept. 2, 2024. Cfoto | Future Publishing | Getty Images Huawei reclaimed the top spot in China’s smartphone market in the second quarter of the year, while Apple returned to growth in theRead More →
