The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Angus Mordant | Reuters Crude oil futures fell Thursday on a weak global demand growth forecast for 2024. The West Texas Intermediate contract for March lost 50 cents, or 0.65%, to $76.14 a … Read more
A view of grocery store in Washington DC, United States on February 14, 2024. Mostafa Bassim | Anadolu | 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 … Read more
(L-R) United Auto Workers (U.A.W.) members Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images Global auto giant Stellantis on Thursday reported a 10% year-on-year fall in profit in the second half of 2023, as six-week strikes at … Read more
CNBC’s Jim Cramer on Wednesday said investors shouldn’t be worried in this market, listing five bearish “scares” that he said are part of the normal market rhythm and shouldn’t worry Wall Street so much. “All I ask is that when these professional bears come on, could they just remember that this is not the day … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more
Smoke billows following Israeli bombardment in the village of Shihin in southern Lebanon near the border with Israel on February 13, 2024, amid ongoing cross-border tensions as fighting continues between Israel and Palestinian Hamas militants in the Gaza Strip. Kawnat Haju | Afp | Getty Images Crude oil futures rose on Wednesday as Israel launched … Read more
The value of all the bitcoin in circulation, or market capitalization, on Wednesday rose above $1 trillion for the first time since late 2021, according to CoinMarketCap data. The cryptocurrency also broke through the $51,000 level during the day, marking the first time it has hit this price since December 2021. Bitcoin was trading at … Read more
The logo of car manufacturer Ford is pictured in Inwood, New York, on February 5, 2024. Charly Triballeau | AFP | Getty Images LONDON â Ford was warned on Wednesday that more than 3,000 white-collar workers across the U.K. could launch industrial action after union members rejected a pay offer from the U.S. automotive giant. … Read more
Delivery Hero CEO Niklas Ãstberg speaking at the Noah tech conference in Berlin on June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Delivery Hero CEO Niklas Ostberg said that he’s happy holding onto the Foodpanda brand, after reports that talks of potentially selling the Southeast Asian unit had collapsed drove a huge plunge … Read more
An empty Lyft pick-up area is shown as rideshare drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights”, in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Lyft shares were 16% higher … Read more
