A shopper carries Target bags in San Francisco, California, US, on Thursday, Feb. 5, 2026. David Paul Morris | Bloomberg | Getty Images Consumers activity slowed sharply for the December holiday shopping season amid a spate of rough weather and persistently higher inflation, the Commerce Department reported Tuesday. Retail sales were flat on the month…
Sebastian Lai, son of Jimmy Lai speaks during a press conference outside Downing street in London on Sept. 15, 2025. Henry Nicholls | Afp | Getty Images China’s embassy in London Tuesday criticized the U.K.’s decision to expand a visa program for Hong Kong residents, calling the move an interference in its internal affairs after…
Defense spending has been the talk of Singapore’s Airshow this week but that’s not an accurate way to measure military strength, Palmer Luckey, founder of defense tech firm Anduril Industries, said on CNBC’s “Squawk Box Asia” Wednesday. That comes after U.S. President Donald Trump in January expressed interest in raising the U.S military budget to…
CNBC’s Jim Cramer on Friday outlined what to watch in Wall Street’s week ahead, from key labor data to big earnings reports from McDonald’s, Robinhood and others. “There’s a lot going on next week, but the most important thing, believe it or not, is the Labor Department’s nonfarm payroll report on Wednesday,” Cramer said. “If…
The US Supreme Court in Washington, DC, US, on Tuesday, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images If the Supreme Court rules President Donald Trump’s International Emergency Economic Powers Act (IEEPA) tariffs are illegal, U.S. companies would not only be in line to receive tariff refunds, but also billions of dollars paid…
An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty Images Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday. U.S. employers announced 108,435 layoffs…
Cambodia is struggling to recover its tourism sector, as geopolitical tensions and its growing reputation as a cybercrime hub keep tourists at bay. Once a key driver of the country’s economy, the industry has dwindled to make up 9.4% of its gross domestic product in 2024, compared to 12.1% in 2019, according to data from…
The U.S. labor market barely budged in January, with hiring below even muted expectations, according to a report Wednesday from payrolls processing firm ADP. Private companies added just 22,000 positions for the month and the number would have been negative had it not been for a surge of 74,000 hires in the education and health…
Illustration of food items placed on the belt of a cash register in a Leclerc supermarket in Valence, France, April 4, 2025. Nicolas Guyonnet | Afp | Getty Images Euro zone inflation cooled to 1.7% in January, flash data from statistics agency Eurostat showed Wednesday. Economists polled by Reuters had expected the inflation rate to…
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017. Alex Brandon | AP U.S. President Donald Trump’s announcement Monday that he has agreed a trade deal with India comes hot on the heels of Europe’s own trade agreement with New Delhi, signaling Washington is not…
