Maria Korneeva | Moment | Getty Images Eating a healthier — or at least a more balanced diet — is not always as easy as it sounds, with food prices leading to large disparities between rich and poor communities in many countries. One piece of British research in 2023, the Broken Plate report by The Food Foundation … Read more
U.S. Treasury yields were mixed on Wednesday, as investors considered the outlook for monetary policy and financial markets for the coming year. At 3:56 a.m. ET, the yield on the 10-year Treasury was down by over one basis points to 3.8667%. The 2-year Treasury yield was almost flat, last trading at 4.2891%. Yields and prices … Read more
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — Excitement over artificial intelligence isn’t yet fueling a boom in cloud services spending in mainland China. “The Chinese cloud services market remains conservative, relying heavily on government and state-owned enterprises to drive … Read more
The price of bitcoin has surged in 2023 as investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors, experts say. In early December, the digital currency topped $44,000 for the first time since April 2022, and year-to-date gains were above 160%, as of Dec. 21, … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings … Read more
A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country’s top gaming regulator said it will “carefully study” the concerns of … Read more
Apple Inc. MacBook Pro and Air laptops at the new Apple Inc. store inside the Starfield mall during its opening in Hanam, South Korea, on Saturday, Dec. 9, 2023. SeongJoon Cho | Bloomberg | Getty Images The slump in personal computer sales is likely to end next year as consumers appear set to buy newer … Read more
I knew something was amiss when the taxi meter read 10.50 euros as we pulled away from the Roma Termini train station. While negotiating the evening rush hour traffic and typing into a translation app on his cell phone, the cab driver suggested the starting fare included a surcharge for all rides from Rome’s main … Read more
Taraji P. Henson stars in Warner Bros. “The Color Purple.” Warner Bros. Discovery It was a very Merry Christmas for Warner Bros. Discovery. With $18.15 million in box office receipts, the studio’s newest film “The Color Purple” had the highest Christmas Day opening since 2009 and the second-largest Christmas Day opening of all time. The … Read more
Investor optimism for Eli Lilly ‘s diabetes and obesity treatments in 2023 lifted the stock to its seventh annual gain in a row. In the new year, it should be the same old story. Shares of Eli Lilly have taken a breather over the past three months, as investors book profits in the top performer … Read more
