Author: admin@finance

For the first time on record, the Chinese electric car supply chain last year invested more overseas than domestically, according to Rhodium Group.

Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to be far riskier than they thought.

Markets welcomed the news of proposed tax cuts set to bolster domestic consumption in India, which faces the prospect of steep U.S. tariffs.

Up to $400 million worth of classic cars will roll across the auction block in Monterey and Pebble Beach. CNBC’s Robert Frank joins ‘Squawk Box’ with a look at sales expectations.

The Jefferies strategist told CNBC that central bankers shouldn’t be daunted by the PPI showing inflation pressures hotter than expected.

An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the annual gathering of classic car collectors from around the world.

The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.

Sumerlin said on CNBC that lowering the Fed’s key rate would be an easy decision now.

Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view.

Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets.