CNBC’s Jim Cramer on Monday told investors why he believes that a government shutdown won’t have a major effect on the market, looking back at how stocks have reacted to shutdowns in the past. He said his primary concern is that the shutdown will delay the release of key economic data that informs the Federal…
The Bank of England voted to keep interest rates on hold on Thursday, as it weighs up sticky U.K. inflation with an uncertain growth outlook and jobs market. The monetary policy committee (MPC) voted by 7-2 to keep rates steady at 4%, with two members of the MPS voting to reduce the separate benchmark “Bank…
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images U.K. economic growth flatlined in July, according to data published Friday, adding to Chancellor Rachel Reeves’ headache ahead of the Autumn…
European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region’s biggest economies, along with the U.S. Price rise data is due from France, Spain, Italy and Germany, ahead of the flash August reading for the euro area next Tuesday. Stateside, investors will be…
European stock markets opened higher on Thursday, as investors assess an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom….
Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023. Nicolas Maeterlinck | Afp | Getty Images Deutsche Bank on Thursday beat expectations on the bottom line, as mixed results at main units saw an uptick in its investment unit offset a dip in corporate operations. Net profit attributable to shareholders reached 1.485…
Skyscrapers on the skyline from the offices of the European Central Bank in Frankfurt, Germany, on Monday, Nov. 25, 2024. Bloomberg | Bloomberg | Getty Images Next week, the CNBC teams are back on the road – and it’s all about the banks and the ECB. From Frankfurt to Milan, and Paris to London, the…
CANNES — Wall Street’s new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May. The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with crypto founders, developers, and some…
