Economy

CNBC Daily Open: Tech rout, MSCI moves on Indonesia and South Korea in focus

Global sell-off in tech stocks continues to rattle markets which spilled over to precious metals amid worries of higher interest rates.

Why FedEx is down after a strong quarter

We knew this report would be transitional, even messy, given the separation of FedEx Freight.

MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk

The review comes amid hopes that Seoul could be included in MSCI's Developed Markets watchlist.

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

A global rout in tech stocks led to the S&P 500 falling 1.4% and the Nasdaq Composite tumbling 2.2% on Tuesday. Micron Technology suffered a 13% slide.

The biggest wealth transfer in history is here: How the next generation will spend the trillions

The greatest wealth transfer is underway, and heirs who are set to inherit are preparing to use the money very differently from the generations that built it.

Weakening UK net zero policy would damage economy, chief climate advisor says

Climate Change Committee chair Nigel Topping says U-turns damage investor confidence and disrupt businesses

Adidas, Uniqlo and Calvin Klein ads in UK banned over ‘recycled’ clothing claims

UK regulator has increased its scrutiny of fashion retailers over potentially misleading environmental statements

GameStop CEO Cohen spurns $35 billion pay plan to focus on eBay deal

Ryan Cohen, the CEO of GameStop, will not receive a potential performance award and plans to unveil more details about his bid to takeover eBay soon.

South Korea's stock market just had one of its worst days ever. Why Morgan Stanley says it's not breaking down

The Kospi index fell about 10% in Tuesday's session, marking its worst session since March.

Alphabet added to Dow Jones Industrial Average, replacing Verizon

Alphabet will replace Verizon in the Dow Jones Industrial Average.

Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more

See which stocks are posting big moves after the bell.

FedEx posts strong earnings results in last quarter with freight business

FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company's last quarter that included the freight business before its spin-off.