Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.
Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared
Britain’s Labour government on Wednesday announced plans to raise the rate of capital gains tax on sales of shares — the move was less severe than feared.
Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession
Germany’s inflation surged to 2.4% in October, back above the European Central Bank’s 2% target, even as the country narrowly avoided a technical recession in the third quarter.
Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
ADP said it was the best month for job creation since July 2023.
$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’
The new development at the Bahia Mar marina will include a hotel, condo towers, a beach club, restaurants and retail space, according to the plans.
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
Stocks making the biggest moves premarket: Eli Lilly, Caterpillar, VinFast, Alphabet and more
These are the stocks posting the largest moves in premarket trading.
Trump Media’s stock surge: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news on Trump Media.
Euro zone growth hits two-year high of 0.4%, beating expectations
Economists polled by Reuters expected 0.2% growth following the bloc’s 0.3% expansion in the second quarter.
China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car
The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.