UK inflation rate drops more than expected to 3.9% in November
LONDON, UK – Sept. 2021: People seen dining outdoors in Soho in London in September 2021. SOPA Images | LightRocket | Getty Images LONDON — U.K. inflation fell by more …
Banks
Swiss regulator calls for more powers after Credit Suisse collapse
Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the Swiss …
The Fed tries to cool the heat
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on December 14, 2023, in New York City. Angela Weiss | Afp | Getty Images …
‘Bonds are back’ as markets face ‘new paradigm’: HSBC Asset Management
The HSBC Holdings Plc headquarters building in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images LONDON — Markets have entered a “new paradigm” as the global order fragments, …
The Federal Reserve held rates steady. Here’s what that means for you
The Federal Reserve announced it will leave interest rates unchanged Wednesday, in a move that many believe will conclude the central bank’s rate hike cycle and set the stage for rate …
The Fed could pull off a soft landing, here’s what that means for you
The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week after recent signs the economy is in fairly good shape …
The top 10 things to watch in the stock market Monday
The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high in the S & P 500 …
Wells Fargo mortgage lenders probed over racial discrimination
People pass by a Wells Fargo bank on May 17, 2023 in New York City. Spencer Platt | Getty Images Wells Fargo was snared in an industrywide probe into mortgage …
‘If I was the government, I’d close it down’
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill …
Buzz words of the day — tech, AI, crypto
The iPhone 15 Pro on the left, the iPhone 15 Pro Max on the right. Kif Leswing/CNBC This report is from today’s CNBC Daily Open, our new, international markets newsletter. …