Taylor Swift Eras Tour not alone in raising inflation

Taylor Swift performs onstage during “Taylor Swift | The Eras Tour” at the Aviva Stadium in Dublin, Ireland, on June 28, 2024. Charles Mcquillan/tas24 | Getty Images Entertainment | Getty Images European Central Bank President Christine Lagarde said Tuesday that Taylor Swift’s Eras Tour is not alone in keeping inflation high across the euro zone. … Read more

European Union will soon get a new leadership team. Here are the names

European Commission President Ursula von der Leyen has pushed for a policy of derisking from China. Frederick Florin | Afp | Getty Images BRUSSELS, Belgium — European diplomats have already started key negotiations on who will take the main jobs at the European Union following elections next month. Voters across the 27-member EU are heading … Read more

European Central Bank rate cut would be a mistake, economist says

The President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on April 11, 2024. Kirill Kudryavtsev | Afp | Getty Images The prospect of the European Central Bank diverging from the Federal … Read more

Lagarde says ECB will cut rates soon, barring any major surprises

Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any … Read more

The Fed will cut rates before the ECB, former BoE DeAnne Julius said

The Federal Reserve Building stands in Washington. Joshua Roberts | Reuters The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market expectations. “I suspect that the Fed will be the first to really put a cut in,” … Read more

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

The U.S. economy is humming along

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Wall Street surgesThe S&P 500 soared to new highs on Thursday … Read more

Worries over rate cuts persist

Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Wariness over rate cuts lingers

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more