Is progress on inflation stalling?

Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Fears over yet another hot inflation gauge

A man walks past a grocery store on February 01, 2023 in New York City. Wages for workers in most major U.S. cities grew at a slower pace in the final three months of 2022, with inflation still outstripping pay for many workers. Leonardo Munoz | Corbis News | Getty Images This report is from … Read more

UAW threatens to strike Ford Kentucky Truck Plant over local demands

United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands aren’t resolved by next week. The Detroit union on Friday … Read more

Weak U.S consumer spending spells caution

Customers visit Macy’s Herald Square store on December 17, 2023 in New York City.  Kena Betancur | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Inflation fight may go down bumpy path

A view of grocery store in Washington DC, United States on February 14, 2024.  Mostafa Bassim | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

U.S. CEOs turn positive on the economy

US President Joe Biden speaks about the economy and the deal between the United Auto Workers (UAW) Union and the big-three automakers, in Belvidere, Illinois, on November 9, 2023. Olivier Douliery | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more

No letup in tech layoffs

Justin Tallis | AFP via Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks advanceU.S. stocks gained … Read more

Wall Street anxious over Fed concerns

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged.  Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

Wall Street rattled over Fed worries

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

Company to cut 10% or around 500 employees

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024.  Nathan Howard | Reuters Social media company Snap said Monday that it will lay off 10% of its global workforce, or around 500 employees, in part … Read more