Economy

Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets

liberal

Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets

On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.

2 months ago

economy

MSCI isn't done with Indonesia yet: new report signals continued concerns over market transparency

liberal

MSCI isn't done with Indonesia yet: new report signals continued concerns over market transparency

MSCI flagged growing concerns about transparency in Indonesia's stock market.

2 months ago

economy

Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

liberal

Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

2 months ago

economy

CNBC Daily Open: Trump-Vance tag team takes on Iran deal critics

liberal

CNBC Daily Open: Trump-Vance tag team takes on Iran deal critics

Trump and Vance fought back criticisms the U.S. gave "too much" to Iran in the 14-point MOU, while traders are pricing in expectations of potential rate hikes

2 months ago

economy

Japan core inflation holds steady in May, matching expectations despite energy price concerns

liberal

Japan core inflation holds steady in May, matching expectations despite energy price concerns

Headline inflation edged up to 1.5% from 1.4%, while the so called "core-core" inflation rate, eased to 1.8% from 1.9%.

2 months ago

economy

Want to own a piece of the Knicks? Jim Cramer says buy this stock to do it

liberal

Want to own a piece of the Knicks? Jim Cramer says buy this stock to do it

CNBC's Jim Cramer said MSG Sports is an attractive investment because the stock trades at a discount to the combined value of the Knicks and Rangers.

2 months ago

economy

Jim Cramer says next week's economic data will drive the markets

liberal

Jim Cramer says next week's economic data will drive the markets

CNBC’s Jim Cramer said next week’s lighter earnings calendar will put the focus on key economic data.

2 months ago

economy

The Job Market Is Thawing

liberal

The Job Market Is Thawing

The pace of hiring is slowly emerging from stasis—emphasis on slowly.

2 months ago

economy

Next week's inflation data just got even more important. Here's what's ahead for the market

liberal

Next week's inflation data just got even more important. Here's what's ahead for the market

Investors will now laser in on any signs that the central bank could hike interest rates against a backdrop of a buoyant stock market.

2 months ago

economy

Gas prices fall below $4 on average after Trump’s signing of Iran deal to end war

liberal

Gas prices fall below $4 on average after Trump’s signing of Iran deal to end war

Drivers feel some relief but prices still a dollar more per gallon overall since before US-Israel attack on Iran

2 months ago

economy

High interest rates are on pause again. This is the savings account you should avoid.

liberal

High interest rates are on pause again. This is the savings account you should avoid.

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2 months ago

economy

Bears step up bets against high-yield sector, shaking up bond traders

liberal

Bears step up bets against high-yield sector, shaking up bond traders

The iShares iBoxx High Yield Corporate Bond ETF (HYG) saw elevated put volume on Thursday.

2 months ago

economy