Economy

Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy

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Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy

Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.

3 months ago

CNBC UK Exchange: Diageo’s turnaround test

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CNBC UK Exchange: Diageo’s turnaround test

The world's biggest spirits company has since seen its share price more than halve as its fortunes have waned.

3 months ago

The stocks Goldman gives more than 100% upside

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The stocks Goldman gives more than 100% upside

Goldman Sachs gave two companies an upside of more than 100% in its latest 'European Conviction' stock picks list.

3 months ago

India's central bank keeps benchmark rates steady, cites 'moderate' core inflation

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India's central bank keeps benchmark rates steady, cites 'moderate' core inflation

The Reserve Bank of India has kept interest rates unchanged amid creeping inflation.

3 months ago

Here's what to expect when Disney reports earnings before the bell

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Here's what to expect when Disney reports earnings before the bell

Disney reports its fiscal third-quarter earnings before the bell Wednesday as the market awaits further updates and changes under newly minted CEO Josh D'Amaro.

3 months ago

GM, Chinese Automaker Extend Joint Venture for 20 Years Despite Geopolitical Tensions with U.S.

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GM, Chinese Automaker Extend Joint Venture for 20 Years Despite Geopolitical Tensions with U.S.

GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products built in China for non-U.S. markets.

3 months ago

CNBC Daily Open: Mixed messaging on Iran-U.S. possible deal

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CNBC Daily Open: Mixed messaging on Iran-U.S. possible deal

Developments relating to the Strait of Hormuz remain in focus, amid optimism Washington and Tehran could reach a deal to open the Strait of Hormuz on Tuesday or Wednesday, U.S. Treasury Secretary Scott Bessent told CNBC.

3 months ago

China's Super-Rich 'in Shock' and Hunting for Cash as Beijing Issues Surprise Tax on Offshore Trusts

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China's Super-Rich 'in Shock' and Hunting for Cash as Beijing Issues Surprise Tax on Offshore Trusts

Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.

3 months ago

SpaceX beats revenue expectations in first earnings report after IPO crash

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SpaceX beats revenue expectations in first earnings report after IPO crash

Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut

3 months ago

Wednesday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

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Wednesday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

Solid earnings and falling oil prices lifted the S&P 500 and the Dow to new records Tuesday. Tune in to CNBC Wednesday for JPMorgan Chase CEO Jamie Dimon.

3 months ago

Jim Cramer says this investing mistake is costing you big gains

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Jim Cramer says this investing mistake is costing you big gains

CNBC's Jim Cramer warned that staying out of the market because of fear is costing investors big gains.

3 months ago

Cramer's lightning round: Buy Origin Bancorp

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Cramer's lightning round: Buy Origin Bancorp

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

3 months ago