After the European Central Bank cut interest rates for the third time this year — and inflation fell below target — all eyes are now on policymakers’ next move. A slew of Governing Council members spoke to CNBC’s Karen Tso at the International Monetary Fund’s annual meeting in Washington, D.C. this week. We asked them […]

A look at the day ahead in European and global markets from Kevin Buckland Yields are mercifully lower as the week draws to a close, removing some of the angst that has weighed on equities and allowing the beaten-down yen and euro to regain some composure against the dollar. But this relative calm feels like

Thursday was hardly a good day to be a shareholder of Intellia Therapeutics (NASDAQ: NTLA). After the biotech delivered some news from the lab and witnessed one analyst’s negative reaction to it, the company’s share price closed more than 20% lower. Intellia, which is a clinical-stage biotech developing medications using cutting-edge, genome-editing technology, delivered its

JIUJIANG, CHINA – JUNE 17: A worker manufactures seamless steel gas cylinders for export at the workshop of Sinoma Science & Technology (Jiujiang) Co., Ltd. on June 17, 2024 in Jiujiang, Jiangxi Province of China.   Wei Dongsheng | Visual China Group | Getty Images China’s steel exports will soon hit an eight-year high, before sweeping

Key Takeaways Shares of Molina Healthcare surged on Thursday after the health insurer reported strong results for the third quarter of 2024. Molina reported a year-over-year increase in premium revenue, despite issues related to Medicaid redeterminations. The company said new contract wins, footprint expansion and acquisitions contributed to revenue growth. Molina Healthcare (MOH) shares skyrocketed 18%,

(Bloomberg) — Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors who’d assumed the securities had an implicit guarantee from the state. Most Read from Bloomberg It wasn’t supposed to be this way. Last year, confronted with a wave of bad debt issued by municipalities’ financing

Charles Schwab may have a big elder fraud problem on its hands. For the third time in less than two months, Schwab and its affiliates have been accused of doing virtually nothing to prevent scammers from draining its clients’ accounts of their retirement savings. The latest case, filed Wednesday in federal district court in Northern

November is a great month for bargains. Black Friday happens this month after all, and the supposed single-day sale holiday seems to get stronger and go longer every year. Plus, online retailers like to keep you guessing and may drop a worthy deal on any given day. Your strategy to save money this month? Review

MUMBAI, MAHARASHTRA, INDIA – 2024/10/21: Hyundai logo is seen on the Hyundai car showroom in Mumbai. Hyundai Initial Public Offer (IPO) will be listed on the stock exchange on 22nd October 2024. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images This report is from this week’s CNBC’s “Inside

By Arathy Somasekhar HOUSTON (Reuters) -Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of the Permian shale field in West Texas because of tepid volume growth and difficulties constructing new lines. A wave of consolidation in the top U.S. shale field has