Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe questioned on “Squawk Box Asia.”
Category: Finance News
China’s first global gaming hit sells millions in a week. An early investor shares what’s next
China’s first attempt at a top-tier video game has smashed world records, bolstering the industry’s global ambitions after Beijing’s gaming crackdown.
PDD just gave markets the latest warning on China’s consumer. Where investors are looking instead
PDD’s tumble last week on disappointing earnings is a reminder that China’s consumer has moved on from its years of double-digit growth.
Stocks making the biggest moves midday: Intel, Elastic NV, MongoDB and more
These are the stocks posting the largest moves in midday trading.
Warren Buffett leads Berkshire Hathaway to new heights at age 94
“It’s been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight,” Oaktree’s Howard Marks said.
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
The PCE price index was expected to increase 0.2% in July and 2.5% from a year ago, according to the Dow Jones consensus.
Stocks making the biggest moves premarket: CrowdStrike, Alibaba, Intel, Ulta Beauty and more
These are the stocks posting the largest moves in premarket trading.
Euro zone inflation falls to 3-year low of 2.2%, backing September rate cut case
Economics polled by Reuters had forecast a decline to 2.2% in August, down from 2.6% in July.
Stocks making the biggest moves after hours: Ulta Beauty, Dell, Lululemon, MongoDB and more
These are the stocks posting the largest moves in extended trading.
The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
The Commerce Department at 8:30 a.m. ET will release its personal consumption expenditures price index.