Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction. “I think after 50 basis points, we’re still in a net tight position,” Kashkari said in a CNBC “Squawk Box” interview. “So I was comfortable taking a … Read more
[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer … Read more
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 18, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, … Read more
A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Chinese property stocks rallied on Tuesday after top financial regulators vowed a range of monetary easing measures to provide some relief for millions of families and boost a recovery in the real estate … Read more
Singapore’s former transport minister S. Iswaran arrives at the Supreme Court in Singapore September 24, 2024. Reuters | Caroline Chia Singapore’s former Transport Minister S. Iswaran has pleaded guilty to receiving gifts while in office, local media reported, as proceedings began on Tuesday in a rare graft trial involving a state official in this Asian financial hub. The case has gripped the wealthy city-state which prides itself on … Read more
U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty Images The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads … Read more
A man walks past the People’s Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service | China News Service | Getty Images China bond yields fell to a record low after the People’s Bank of China on Tuesday announced that … Read more
Two Russian astronauts, Oleg Kononenko and Nikolai Chub, left the International Space Station breaking the record for the longest stay at 374 days. Kononenko also set the record for the longest cumulative time in space at 1,111 days in orbit. Nasa astronaut Tracy Dyson was also aboard the shuttle headed for Kazakhstan after spending six … Read more
Getty Images A protest condemning the rape and murder of a female doctor in India A retired Indian high court judge will investigate allegations that a woman was physically and sexually assaulted by a group of police inside a police station in the eastern state of Odisha, the authorities say. After the allegations, levelled last … Read more
The messaging app Telegram has said it will hand over users’ IP addresses and phone numbers to authorities who have search warrants or other valid legal requests. The change to its terms of service and privacy policy “should discourage criminals”, CEO Pavel Durov said in a Telegram post on Monday. “While 99.999% of Telegram users … Read more