Indian Prime Minister Narendra Modi gestures, at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | Reuters A stunning political setback for Indian Prime Minister Narendra Modi has business executives in the country furiously making calls, trying to better understand the impact on India’s economy and investment landscape following Modi’s failure to … Read more
Today’s cars have an unprecedented capacity to surveil people inside and around them, and it’s raising alarms with privacy advocates. A growing chorus of advocates and politicians say automakers aren’t doing enough to protect consumer data from companies, criminals or even the government itself. One car owner in Florida filed a lawsuit in March against … Read more
European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks were higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank … Read more
Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | Reuters The election outcome in India has turned out to be a huge political blow for Prime Minister Narendra Modi and his ruling party, and has significant implications on how … Read more
The world economy is headed for a soft landing, inflation is going down, and rate cuts are coming, according to Kristalina Georgieva, International Monetary Fund managing director, but she says the rise of trade restrictions, including tariffs, from the world’s largest economies is the “most worrisome” risk to global growth. “Trade is slowing down even … Read more
President Joe Biden delivers remarks about immigration and border security on February 29, 2024 in Olmito, Texas. Cheney Orr | Getty Images President Joe Biden’s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect of tightening labor markets, while also easing supply chain bottlenecks between the two countries, … Read more
Mark Mobius, Chairman Mobius Emerging Opportunities Fund speaking on CNBC’s The Exchange on March 27th, 2024. Adam Jeffery | CNBC Veteran emerging markets investor Mark Mobius said India’s election outcome will not change his bullish views on the country. The world’s most populous nation kicked off a multi-phase election on April 19, as nearly one … Read more
Michael Arougheti, Ares Management Corporation Co-Founder, CEO & President Adam Jeffery | CNBC The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale. And therefore, what does that mean for borrowers when there’s … Read more
British Prime Minister Rishi Sunak makes a statement in the rain outside 10 Downing Street, announcing the UK general election will take place on 4 July in London, United Kingdom on May 22, 2024. Anadolu | Anadolu | Getty Images U.K. Prime Minister Rishi Sunak ended months of speculation this week by announcing a national … Read more
Photo taken on May 1, 2023 shows a sign at the JPMorgan Chase & Co. headquarters in New York, the United States. Michael Nagle | Xinhua News Agency | Getty Images China is too big to be sidelined, and investors “have to do business there,” JPMorgan Asia Pacific CEO Sjoerd Leenart said Thursday, adding that … Read more
