U.S. consumer spending data looms

A family walks past a store advertising a Black Friday sale near Pentagon City Mall in Arlington, Virginia, on November 22, 2023. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) Andrew Caballero-reynolds | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

U.S. retail sales in sharp focus

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. 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 … Read more

BOJ may exit negative rates next week. Here’s what you need to know.

Japan bar chart graph with ups and downs, increasing values, concept of economic recovery and business improving, businesses reopen, politics concept with flag Elif Bayraktar | Istock | Getty Images Speculation is swirling that the Bank of Japan may move to exit the world’s last negative rate policy as early as next week, when policymakers … Read more

Sticky inflation muddies water for Fed

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

When are the world’s central banks cutting rates in 2024?

Euros, U.S. dollars, Canadian dollars, Russian rubles and Czech korunas lie on a table as banknotes.  Picture Alliance | Picture Alliance | Getty Images As inflation loosens its grip in most economies, investors are closely monitoring interest rate decisions, with markets expecting a slew of rate cuts this year. While rates in most economies are … Read more

Global supply chain starts planning for a Trump win, new China tariffs

Global logistics companies tell CNBC they have started the planning for a potential Trump win in November and the strategies that will be needed to mitigate any additional tariffs, with Mexico a key import gateway for any escalation in the trade war against China begun under Trump and continued during the Biden presidency. The planning … Read more

Analysts expect XAG to outperform XAU in 2024

One-kilogram silver bars sit stacked at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Chris Ratcliffe | Bloomberg | Getty Images A record-breaking rally for gold may yet continue, particularly as investors position for interest rate cuts — but analysts say silver appears well placed to … Read more

A mixed picture on U.S. jobs growth

Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023.  Eric Thayer | Bloomberg | 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

Here’s where the jobs are for February 2024 — in one chart

The U.S. labor market showed continuing strength in February through broad job creation of 275,000, with one sector leading the charge. Health care and social assistance saw the largest hiring gains of 90,700 jobs, according to the Bureau of Labor Statistics. The sector got a boost from sharp gains in hospital and ambulatory health-care services, … Read more

Novo Nordisk Wegovy approved for cutting heart disease risks

Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters The Food and Drug Administration on Friday approved Novo Nordisk’s blockbuster weight loss drug Wegovy for use in slashing the risk of serious cardiovascular complications in adults with obesity and heart … Read more