Inflation pressures continue to linger

Inflation pressures continue to linger

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Falling fertility rates pose major challenges for the global economy

Falling fertility rates pose major challenges for the global economy

Terry Vine | Getty Images Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. By 2050, three-quarters of countries are forecast to fall below the population replacement birth rate of 2.1 babies per female, research published … Read more

Yellen defends Biden budget against GOP senators’ fears of tax hikes

Yellen defends Biden budget against GOP senators’ fears of tax hikes

U.S. Treasury Secretary Janet Yellen testifies before a Senate Finance Committee hearing on the 2025 budget on Capitol Hill in Washington, U.S., March 21, 2024.  Elizabeth Frantz | Reuters WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s 2025 fiscal budget proposal as Republican senators said they feared taxes would rise for the … Read more

Wall Street heaves a sigh of relief

Wall Street heaves a sigh of relief

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. Elizabeth Frantz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

Gold prices have hit record highs. Here’s why they could rally further

Gold prices have hit record highs. Here’s why they could rally further

People browsing gold jewelry in Istanbul. Burak Kara | Getty Images News | Getty Images Gold prices still have room to rise after hitting all-time highs early this month, as several central banks continue to purchase bullion in record amounts.  These purchases have strengthened gold prices despite high interest rates and a strong dollar, market … Read more

‘Mr Yen’ says Japan may intervene if yen drops to 155

‘Mr Yen’ says Japan may intervene if yen drops to 155

Japanese authorities may intervene if the yen sinks to 155 to 160 against the dollar, according to a former top foreign exchange official Eisuke Sakakibara. The Bank of Japan’s decision on Tuesday to exit the world’s last remaining negative rates regime sparked a sell-off in the Japanese currency as Governor Kazuo Ueda reiterated monetary conditions … Read more

As Europe battles an ‘onslaught’ of China EVs, one CEO has a plan

As Europe battles an ‘onslaught’ of China EVs, one CEO has a plan

A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland.  John Keeble | Getty Images News | Getty Images Renault’s chief executive on Tuesday said that European policymakers should take inspiration from China … Read more

Inflation fight gets harder in final stretch

Inflation fight gets harder in final stretch

A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | 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. … Read more

Fed could cut rates fewer times than expected

Fed could cut rates fewer times than expected

Federal Reserve Chair Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in the Dirksen Building in Washington, D.C., on March 7, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images Forecasters in the CNBC Fed Survey are increasingly confident that … Read more

What could Putin do over the next six years?

What could Putin do over the next six years?

Russian President and presidential candidate Vladimir Putin addresses the crowd during a rally and a concert celebrating the 10th anniversary of Russia’s annexation of Crimea at Red Square in Moscow on March 18, 2024. Natalia Kolesnikova | Afp | Getty Images It was among the least surprising political events so far this year, but Vladimir … Read more