If growth were to slow in the semiconductor sector, would the slowdown take the Korean economy with it?
New York Fed’s Williams says yield surge due to strong economic prospects
The central bank policymaker in a CNBC interview did not commit on whether he thinks an interest rate hike is necessary.
Private payrolls rose by 38,000 in August, fewer than expected, ADP reports
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
Stocks making the biggest moves premarket: Vertiv, Sirius, Dell, MongoDB & more
These are the stocks posting the largest moves premarket.
Berkshire CEO Greg Abel says Japanese bond yields not a challenge for trading houses right now
In an appearance on CNBC’s “Squawk Box,” Greg Abel said that yields in the country are still relatively low.
Nepal’s mountain tourism industry faces ‘serious warning’ after Himalayan flood disaster
Nepal’s devastating floods have raised fresh concerns for the country’s vital adventure tourism industry ahead of its peak travel season.
Hugging Face’s new duck robot is selling fast. A Chinese chip powers it
The colorful “Microduck” robot from HuggingFace’s French subsidiary Pollen Robotics has sold more than 10,000 units since launching on Thursday.
Stocks making the biggest moves after hours: Dell, MongoDB, GitLab and more
These are the stocks posting the largest moves in after-hours trading.
Prediction market traders think job creation rebounded in August
Traders see 50-50 odds that the U.S. economy added more than 50,000 jobs last month.
Fed Governor Barr says he’ll support rate hike if inflation doesn’t ease
The policymaker said he’s concerned about “broader price pressures taking hold” as inflation has prevailed above the Fed’s 2% target.