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

Document spells out allegations against 12 UN employees Israel says participated in Hamas attack

TEL AVIV, Israel — An Israeli document obtained Monday spelled out allegations against a dozen U.N. employees the country says took part in Hamas’ Oct. 7 assault — claiming seven stormed into Israeli territory, including one who participated in a kidnapping and another who helped to steal a soldier’s body. The allegations against staffers with … Read more

Adam Mosseri spells out Threads’ plans for the fediverse

On Friday, two days after Threads finally started publicly testing ActivityPub integration, Instagram head Adam Mosseri shared a thread on Threads detailing the company’s plans for its continued integration with the fediverse. Right now, it’s possible to follow a few Threads accounts (including Mosseri’s) from other platforms, but Meta has much bigger plans for Threads … Read more

India’s Paytm curbing low-value personal loans spells bad news for the industry

Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. Paytm’s move followed the RBI recently tightening norms for consumer loans and publicly expressing concerns … Read more

Ex-Prosecutor Spells Out Enormous Trump Authorized Drawback That’s Solely ‘Of His Personal Making’

Former federal prosecutor Andrew Weissmann stated Wednesday that Donald Trump solely has himself accountable for failing to safe top-level attorneys to characterize him amid his rising authorized woes. “The battle is one in every of his personal making,” Weissmann advised MSNBC’s Lawrence O’Donnell. Trump is reportedly quickly dealing with one other indictment, this time in … Read more