Stock Markets: Bitcoin’s badge of honor

A Bitcoin logo on a screen in Hong Kong, China, on Tuesday, Dec. 5, 2023. Paul Yeung | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

Thursday’s inflation report could challenge the market outlook for big Fed rate cuts

Consumers shop at a retail chain store in Rosemead, California, on December 12, 2023.  Frederic J. Brown | AFP | Getty Images Economists expect that inflation nudged higher in December, a trend that could call into question the market’s eager anticipation that the Federal Reserve will slash interest rates this year. The consumer price index, … Read more

An unpleasant surprise for crypto bros

Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, 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 Bitcoin slides after … Read more

A crypto bro’s false dream

A neon sign indicates that Bitcoin is accepted inside the venue of the Paralelni Polis project, an organization combining art, social sciences and modern technology, in Prague, Czech Republic, on Friday, Jan. 5, 2024. Milan Jaros | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC … Read more

Biden slams Trump for hoping the economy crashes in 2024

U.S. President Joe Biden delivers remarks on the U.S. economy and his administration’s effort to revive American manufacturing, during his visit in Flex LTD, in West Columbia, South Carolina, July 6, 2023. Jonathan Ernst | Reuters The White House took aim at former President Donald Trump after the Republican presidential candidate frontrunner said he hoped … Read more

Boeing tumbles on Max crisis

Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington.  Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

CNBC Daily Open: Turbulent times for Boeing

Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington.  Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Asia’s young and rich are fueling art demand — what are they collecting?

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in Paris on May 18, 2022. Emmanuel Dunand | Afp | Getty Images Wealthy, young collectors in Asia have been fueling demand for art — particularly … Read more

The 2023 U.S. economy, in charts

A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment. … Read more

Watch inflation and earnings in the stock market next week

The first week of 2024 is officially in the books – and with it, the end of a nine-week winning streak on Wall Street. The S & P 500 dropped about 1.5% during the holiday-shortened trading week. The Nasdaq was the worst performer this week, losing more than 3% as the Magnificent Seven stocks and … Read more