Bitcoin. Nurphoto | Getty Images The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading. The flagship cryptocurrency was last higher by 5% at $54,384.81, according to Coin Metrics. At its session high, bitcoin hit $54,965.26 and reached its highest level since December 2021. “Today … Read more
People shop in a supermarket in the Manhattan borough of New York city on January 27, 2024. Charly Triballeau | AFP | Getty Images The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday. Updates to the consumer price index … Read more
Alibaba is operating in Suqian City, Jiangsu Province, China, on December 29, 2023. Costfoto | Nurphoto | Getty Images Shares of Alibaba initially whipsawed in premarket trade on Wednesday, as the company missed market expectations for revenue in the December quarter, but announced it is increasing the size of its share buyback program by $25 … Read more
DAKAR, Senegal — Senegal’s parliament voted late on Monday to postpone elections for almost a year, to Dec. 15, amid concerns over the state of democracy in this West African nation. President Macky Sall’s decision to delay the vote, originally scheduled for Feb. 25, sent hundreds of protesters to the streets over the weekend, many … Read more
People walk by sale signs in the Financial District on the first day back for the New York Stock Exchange (NYSE) since the Christmas holiday on December 26, 2023 in New York City. Spencer Platt | Getty Images An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came … Read more
As Barnsley look to continue their relentless promotion charge, following play-off disappointment last season, John McAtee has become a mainstay for the south Yorkshire club. The 24-year-old forward – on a season-long loan from Premier League newcomers Luton – has chipped in with nine goals and three assists in all competitions during his time at … Read more
KINSHASA, Congo — The U.N. peacekeeping mission in Congo, which helped in the fight against rebels for more than two decades before being asked by the Congolese government to leave, will complete its withdrawal from the Central African nation by the end of 2024, the mission said Saturday. A three-phased withdrawal of the 15,000-force will … Read more
Prices that consumers pay for a variety of goods and services rose more than expected in December, according to a Labor Department measure Thursday that shows inflation still holding a grip on the U.S. economy. The consumer price index increased 0.3% for the month, higher than the 0.2% estimate at a time when most economists … Read more
A ‘now hiring’ sign is displayed in a retail store in Manhattan on January 05, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment rate held steady at 3.7%. Yet the job gains were slower than the same period a year ago, with the three-month average gain dropping to 165,000 a month compared with an average of 284,000 in … Read more