Strategist expects dollar to drift much lower against the yen
A pedestrian walks past a display board showing the currency exchange rate between the US dollar and the Japanese yen, along a street in Tokyo on August 5, 2024. Richard …
Markets
Volatility spike was a ‘huge overreaction,’ but more could be ahead, strategist says
August has been a choppy month for markets, with uncertainty over the health of the global economy sparking a jump in volatility. At the start of the month, a weaker-than-expected …
CNBC Daily Open: A ‘crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …
EV company Nio to build battery chargers, swap stations across China
A Nio electric car uses one of the company’s battery swap stations on Nov. 13, 2023, in Taicang, Jiangsu province of China. Vcg | Visual China Group | Getty Images …
China’s antimony export controls rattle the tungsten industry
Pictured are are crystals of the antimony ore stibnite (antimony sulphide). Universalimagesgroup | Universal Images Group | Getty Images BEIJING — China’s latest export controls has rattled insiders of the …
CNBC Daily Open: ‘Crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …
Cramer says it might be time to start building a position in Sweetgreen
CNBC’s Jim Cramer told investors it could be wise to start buying stock of Sweetgreen, a salad chain that has been the best-performing restaurant company on the Russell 3000, according …
Japan trade on deck, Wall Street rally pauses
A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020. BEHROUZ MEHRI | Contributor | Getty Images Asia-Pacific markets are lower on Wednesday, tracking …
‘We’re getting back to reality’
CNBC’s Jim Cramer reviewed Tuesday’s pullback, saying the market was due for some declines, and investors are perhaps interpreting companies’ quarters with more scrutiny than they had during the preceding …
Who is Mike Lynch, UK tech entrepreneur missing in superyacht sinking?
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially …