Thanks for joining us. Rail strikes and rain dealt a blow to the high street last month, as shoppers opted to stay at home rather than venture into city centres. Retailers face further pain as consumers grapple with the impact of rising interest rates, which the Bank of England is expected to raise for a … Read more
A scene at the World Harvest Food Bank in Los Angeles, CA on July 27, 2023. Katie McTiernan | Anadolu Agency | 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 … Read more
A shopper makes their way through a grocery store on July 12, 2023 in Miami, Florida. Joe Raedle | Getty Images News | 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 … Read more
The Dow Jones Industrial Average broke a 13-day winning streak Thursday, the likes of which were last seen in 1987. As momentous as the rally was, these types of winning streaks aren’t terribly different from the result of flipping a coin, according to an analysis by CNBC. CNBC ran a simulated coin flip thousands of … Read more
Stocks have given back some of their impressive first-half gains in recent days. The Labor Department’s June readout of nonfarm payrolls showed a job market that’s beginning to ease. Twitter accused Meta of stealing trade secrets in the development of its new Threads app. Traders on the floor of the NYSE, July 6, 2023. Source: … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s David Faber reports that activist investor Nelson Peltz is seeking a seat on Disney’s board of directors. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia. 06:57 Wed, Jan 11 20236:13 PM … Read more