More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit
The 61-year-old executive adopted a trading plan for the sale of up to six million Nvidia shares, and he has hit that threshold months ahead of schedule.
Trump’s $10 trillion tax giveaway: Here are the details
CNBC’s Robert Frank reports on former President Donald Trump’s tax plans.
Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more
These are some of the the stocks posting the largest moves in midday trading.
September consumer confidence falls the most in three years
The Conference Board’s Consumer Confidence Index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021.
Take a look inside a $1.1 million ‘zero emissions’ home
Federal officials are trying to boost the energy efficiency of residential and commercial real estate.
Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
No governor had dissented from an interest rate decision since 2005.
Stocks making the biggest moves premarket: Visa, Starbucks, Salesforce, Lowe’s and more
These are the stocks posting the largest moves in premarket trading.
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.