U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. Elizabeth Frantz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more
LONDON — The Banksy appeared the way Banksy murals often do: overnight, unsigned and to everyone’s complete surprise. Before the artist claimed credit, this north London neighborhood was embroiled in a full-on whodunit. Was it truly the world-famous, elusive artist who had painted streaks of bright green paint that appeared as if they were foliage … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings … Read more
In this photo illustration, the CrowdStrike Holdings, Inc. logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Investors’ worries about the prospect of higher-for-longer interest rates have made a comeback, pulling the major averages lower this past week. Even as markets seem turbulent for now, it’s key … Read more
All three major U.S. stock averages pulled back slightly for the week, though they remain near all-time highs ahead of next week’s Federal Reserve meeting. Earnings season is wrapping up with only a few S & P 500 companies still left to report; all Club names have now issued results. This reporting cycle was a … Read more
A man shops for fruit at a grocery store on February 01, 2023 in New York City. 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 … Read more
The Big Picture Martin Scorsese omitted fascinating details about Jordan Belfort’s prison stint with Tommy Chong from The Wolf of Wall Street . Belfort and Chong exchanged stories, and Chong inspired him to write his book during their time together. Despite the potential of including Tommy Chong in The Wolf of Wall Street , Scorsese … Read more
Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The number of family offices in the world has tripled since 2019, setting off a new race … Read more
Ahead of this week’s Saudi Arabian Grand Prix, Sky Sports F1’s strategy expert Bernie Collins analyses some of the key considerations for teams and drivers in Jeddah. Red Bull made an ominous start to the season in Bahrain last weekend as Max Verstappen picked up where he left off in 2023 by cruising to victory … Read more
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