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Breaking News: Markets

WTI, Brent rise as Israel braces for Iran attack

by Milton Acorn
WTI, Brent rise as Israel braces for Iran attack

File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022. Jack Guez | …

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Categories Science

Ford stock can go higher by taking a page of out Detroit rival GM’s playbook

by Adesola Mojo
Ford stock can go higher by taking a page of out Detroit rival GM’s playbook

Ford needs to close the gap with General Motors . We think Ford can do it by following GM’s lead on buybacks — plus, refining its mix of electric vehicles …

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Categories Automobile

China’s policy to boost demand by $700 billion will have a ‘bigger and bigger’ impact, official says

by Adrian Jhonsan
China’s policy to boost demand by 0 billion will have a ‘bigger and bigger’ impact, official says

An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group …

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Categories World

Treasury yields are little changed as traders assess fresh inflation data

by Adrian Jhonsan
Treasury yields are little changed as traders assess fresh inflation data

Treasury yields were flat Thursday as traders parsed through new U.S. inflation data in search of clues on when the Federal Reserve may start cutting interest rates. The 10-year Treasury …

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Categories World

Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

by Adrian Jhonsan
Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

What a difference a year makes. Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. The industry’s first-quarter results …

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Categories World

Gold is safer than mining stocks: State Street’s Milling-Stanley

by Adrian Jhonsan
Gold is safer than mining stocks: State Street’s Milling-Stanley

Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to George Milling-Stanley, one of the world’s experts in gold and …

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Categories World

Wholesale prices rose 0.2% in March

by Adrian Jhonsan
Wholesale prices rose 0.2% in March

A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected. The …

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Categories World

Morgan Stanley tumbles, GE Healthcare climbs — what’s driving Thursday’s major portfolio stock moves

by Adrian Jhonsan
Morgan Stanley tumbles, GE Healthcare climbs — what’s driving Thursday’s major portfolio stock moves

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories World

Fed can start cutting interest rates by end of 2024, IMF managing director says

by Adrian Jhonsan
Fed can start cutting interest rates by end of 2024, IMF managing director says

The Federal Reserve should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the International Monetary Fund. “We remain on …

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Categories World

The upcoming Bitcoin halving is different from others before it. Here’s what investors need to know.

by Ev Richard
The upcoming Bitcoin halving is different from others before it. Here’s what investors need to know.

Bitcoin and ether ended Thursday in the red, but ether has surged more than 100% since mid-June. Yu Chun Christopher Wong | S3studio | Getty Images Just a few years …

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Categories Technology
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