The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year.
Category: Finance News
China says the U.S. has ‘weaponized’ chip export controls
China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.
The most powerful passport in the world? Six countries tie for top spot
Six countries have earned the title of the most powerful passports in 2024, which grants holders entry into 194 destinations out of 227 — without a visa.
China will make foreign investment easier, vice premier tells foreign executives
Chinese Vice Premier He Lifeng met with global finance executives who make up the securities regulator’s international advisory committee, state media said.
Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.
Thursday’s inflation report could challenge the market outlook for big Fed rate cuts
The consumer price index is projected to have risen 0.2% in the final month of 2023, or 3.2% for the full year.
Stocks making the biggest moves midday: Amazon, Lennar, GoodRx, Gilead Sciences and more
These are the stocks posting the largest moves in midday trading.
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
Retailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail Monitor for December.
Stocks making the biggest moves before the bell: Lennar, Etsy, Toast, Coinbase and more
These are the stocks posting the largest moves in premarket trading.
Saudi Arabia nearly doubles estimate for the value of its mineral resources
The Saudi government expects $20 billion in deals will be signed at the annual minerals forum in Riyadh this week.