Economy

G20 Meeting Live Updates: Bessent, Warsh Kick Off Summit With Growth-Focused Remarks

This is CNBC's live blog of the U.S. G20 finance ministerial in Asheville, North Carolina. Please check back for updates.

India's economy expands 7.8% in fiscal first quarter, beating estimates

The economy was driven by a strong performance in the financial, real estate, information technology and professional services sectors.

Chefs say Michelin Guide at risk of ‘losing credibility’ over suspected lack of inspectors

While Michelin keeps its staff numbers secret, industry insiders say the guide cannot keep up with the thousands of restaurants in the guide

As US-Canada tensions flare, who’s calling the shots in Trump’s trade team?

US trade representative Jamieson Greer has a level-headed reputation but commerce secretary Howard Lutnick and White House adviser Peter Navarro also have key roles

Trump just made beef cheaper. Why is Thomas Massie angry?

Last week, President Donald Trump made one of the greatest trade decisions of his administration: he got rid of a tariff. Trump is now allowing beef to be imported into the country without any monetary fine from the state. This will increase our beef supply and reduce the price we pay to acquire it.

Trump says U.S. deal with Venezuela will boost oil reserves

President Trump said the U.S. will begin "topping out" its strategic petroleum reserve with Venezuelan oil under last week's agreement. But that's unlikely to provide much relief to Americans facing sustained high gas prices. Olivia Gazis has more details on the unprecedented agreement.

India’s largest private lender HDFC Bank sees shares rise after CEO announces surprise exit

Shares of HDFC Bank were up even as the company's chief executive officer made a surprise announcement to not seek reappointment.

France is becoming the ‘poster child’ of sovereign debt problems as government borrowing costs hit near 2008 highs

France's debt burden and political gridlock are pushing borrowing costs toward levels not seen since 2008.

Goldman expects one yen trade to continue thriving even as another fades

While effects of intervention on the Japanese yen appears to be fading, the relative value carry strategies should continue to thrive, Goldman says.

BYD shares slide as fierce China competition dents first-half earnings

BYD shares slid after the automaker released its latest results on Friday, despite higher second-quarter profit and overseas growth.

Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed `at odds' with Treasury

Fed Chair Kevin Warsh's hawkish stance reinforced expectations of a relatively tighter stance at the Federal Open Market Committee meeting in September.

Meta- and Google-backed Indian telecom operator Jio Platforms gets regulatory nod for IPO

India's largest digital and telecom operator, Jio Platforms, got a regulatory nod for an IPO, but the National Stock Exchange, another mega issue, is still awaiting regulatory clearance.