CNBC Daily Open: Inflation’s stubborn staying power

CNBC Daily Open: Inflation’s stubborn staying power

Traders work the floor during morning trading at the New York Stock exchange (NYSE) ahead of the US Federal Reserve’s decision on lending rates, in New York on January 31, 2024. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors … Read more

Why the Year of the Dragon doesn’t bode well for China’s declining population

Why the Year of the Dragon doesn’t bode well for China’s declining population

China is unlikely to experience a distinct boost in birth rates this year, largely due to the country’s high youth unemployment and economic turmoil, according to the EIU. D3sign | Moment | Getty Images The Chinese Year of the Dragon is widely perceived in Asia-Pacific to be an auspicious year to have a baby — … Read more

Brainard amplifies ‘shrinkflation’ as latest White House battle

Brainard amplifies ‘shrinkflation’ as latest White House battle

Director of the National Economic Council Lael Brainard speaks during the daily press briefing at the White House January 11, 2024 in Washington, DC. Brainard fielded a range of questions about the economy and inflation. Drew Angerer | Getty Images National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling … Read more

5 things next week that could determine if Wall Street win streak continues

5 things next week that could determine if Wall Street win streak continues

Wall Street wrapped up another positive week, with the S & P 500 closing Friday above 5,000 for the first time ever. The Nasdaq finished less than 0.5% away from its November 2021 record-high close. It was another big week for Club company earnings, with Estee Lauder , Eli Lilly , GE Healthcare , DuPont … Read more

U.S. CEOs turn positive on the economy

U.S. CEOs turn positive on the economy

US President Joe Biden speaks about the economy and the deal between the United Auto Workers (UAW) Union and the big-three automakers, in Belvidere, Illinois, on November 9, 2023. Olivier Douliery | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more

U.S. CEOs feeling better about the economy

U.S. CEOs feeling better about the economy

A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | 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 … Read more

Banking troubles again roil markets

Banking troubles again roil markets

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | 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. … Read more

Merck, J&J, Bristol Myers Squibb CEOs face Senate drug price hearing

Merck, J&J, Bristol Myers Squibb CEOs face Senate drug price hearing

Sen. Bernie Sanders, left, appears at a news conference with Sen. Ed Markey on issuing subpoenas for pharmaceutical company CEOs to testify regarding drug prices, in the Capitol, Jan. 25, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images Senators will question the CEOs of Johnson & Johnson, Merck and Bristol Myers Squibb on … Read more

Banking fears stir once again

Banking fears stir once again

A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his 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 … Read more

China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009

China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009

People shop for Spring Festival ornaments at a market in Zixing city, Central China’s Hunan province, Feb 4, 2024. CFOTO | Future Publishing | Getty Images China’s producer prices declined for a 16th month in January, while consumer prices saw their biggest drop since 2009 — underscoring the depth of the challenge that Beijing faces … Read more