Sopa Images | Lightrocket | Getty Images Artificial intelligence stocks powering much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall Street. The declines across the sector come after Friday’s disappointing July jobs report stoked recession concerns, and worries that the Federal Reserve is behind the curve on … Read more
Treasury yields dropped on Monday, as investors flocked to traditionally safer assets amid a global stock market sell-off on concerns a U.S. recession could take hold in the near future. At 7:20 a.m. ET, the yield on the 10-year Treasury was down by 5 basis points at 3.745% — hitting its lowest levels since July … Read more
A stock exchange in Germany. Torsten Silz | AFP | Getty Images LONDON — European stocks fell sharply at the start of Monday’s session, as global volatility continues amid concerns of a looming U.S. recession. The regional Stoxx 600 index was 2.2% lower by 9:24 a.m. London time, with all sectors and major regional bourses … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | 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 … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | 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 … Read more
Taiwan President Lai Ching-te claps while he visits a military camp in Taoyuan, Taiwan May 23, 2024. Ann Wang | Reuters Taiwan is under growing pressure to build up its defense capabilities and deterrence against China in the face of uncertainty surrounding the U.S. elections slated for November, according to security and policy analysts. Taiwan’s … Read more
Americans are taking scouting trips to see if they can handle moving to a new country. But finding a new home abroad isn’t as simple as going on vacation there. Take it from Alex Ingrim, who’s originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the … Read more
Record inflation may have people questioning whether homeownership is still a good investment. Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” meaning … Read more
At 23, Denae McGaha had a choice: She could spend her entire savings moving to New York City, or she could take a teaching job halfway across the world. It was 2017, and McGaha, who graduated college just one year earlier, had about $4,000 in her bank account. “It was the most money I’d ever … Read more
Snoop Dogg attends the Artistic Gymnastics Women’s Qualification on day two of the 2024 Paris Olympic Games at Bercy Arena in Paris on July 28, 2024. Arturo Holmes | Getty Images Sport | Getty Images Millions of viewers in the U.S. are tuning into the Summer Olympics in Paris — and many of them are … Read more
