In this article IT10Y Greater political stability under Prime Minister Giorgia Meloni's government has boosted Italy's appeal in the eyes of international investors, but the country's former leaders say more needs to be done. Speaking to CNBC on Friday, two former prime ministers of Italy said reform is necessary to bo
European Commission President Ursula von der Leyen will travel to Greenland's capital on Sunday, seeking to shore up support for the Arctic island against a backdrop of repeated threats from U.S. President Donald Trump. The EU chief is widely expected to announce fresh funding for the self-governing Danish territory, w
SINGAPORE — For decades, Macao’s economic proposition was exceptionally simple: casinos, tourists and proximity to the Chinese mainland. Sam Hou Fai, the chief executive of Macao SAR, is trying to make it considerably more complicated. In an exclusive interview with Caixin Global during his first official visit to Sout
A Washington judge on Friday said he will rule quickly on whether to dismiss a now-discredited indictment charging former U.S. Olympic canoeist David Hearn with vandalizing the Lincoln Memorial Reflecting Pool with prejudice, which would bar prosecutors from refiling charges against Hearn for the same alleged conduct i
Following this week's much hotter-than-expected August jobs report , next week's inflation data takes on even greater importance for investors as they try to determine where the Federal Reserve could go with interest rates later this month. On Friday, nonfarm payrolls rose 162,000 last month , well above the Dow Jones
President Donald Trump said Friday that he plans to spend as much as $500 million from his political operation to help Republicans with about two months to go before the November midterm elections. "I think I have like close to a billion dollars in the super PAC, and I'm allocating probably four or $500 million," Trump
September is typically a rough patch for stocks, but adding a few dividend payers to your portfolio may help smooth the ride. Morgan Stanley named several companies that have raised their payments. The new month is just four days old, and the S & P 500 is up 0.4% already. Stocks have been on a roller-coaster ride this
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks dipped on Friday following the strong August employment report. Still, the S & P 500 was on track for a positive week. Nonfarm payrolls incre
China’s top financial regulator has proposed a sweeping overhaul of the nation’s Insurance Law to clamp down on illicit shareholder activities and formalize procedures for unwinding failed firms. The National Financial Regulatory Administration released the draft revision for public feedback on Friday, expanding the le
There's a group to thank for August's blockbuster jobs report: women. Women accounted for 158,000 — or around 98% — of the 162,000 jobs added in the month, according to a CNBC analysis of data released Friday by the Bureau of Labor Statistics. Men represent the remaining 4,000 net positions added, meaning their contrib
China’s top securities watchdog has proposed stringent new rules for the private fund industry, significantly raising wealth and experience thresholds for investors while tightening oversight on fundraising practices. The China Securities Regulatory Commission (CSRC) published the draft rules on Friday to seek public f
In this article GOOGL TSLA Tesla shares slid 6% on Friday after the electric vehicle maker's long-awaited Cybercab update failed to impress investors who are betting the company can become a major player in the U.S. robotaxi market currently dominated by Alphabet's Waymo. The Cybercab, which Tesla first showed off almo
In this article FOX Maria Bartiromo is disputing reports that she was terminated from her longtime gig as a host of various segments for cable TV networks Fox News and Fox Business. "The irresponsible reports that have been published stating that Maria Bartiromo was fired or is no longer an employee of Fox are absolute
Tesla shares fell Friday after the electric-vehicle maker's much-anticipated Cybercab launch, leaving some Wall Street analysts with more questions than answers. The stock dropped more than 6%, putting it on pace for its worst day since July 23 — when it plunged 15%. Friday's decline also wiped out the strong gains fro
In this article TSLA Living in Northern California, I've seen the new Tesla Cybercabs driving around, particularly when I've been in Palo Alto (Tesla's NorCal HQ). The futuristic cars apparently have no steering wheel and no pedals - something I didn't personally notice as I watched them driving around — but by now we'
The Japanese yen surged this week against the dollar, but one investor is already cautioning that the currency's newfound strength may be short-lived. Marc Chandler, currency strategist at Bannockburn Capital Markets, told CNBC on Friday that markets are pricing in an anticipated interest rate hike from the Bank of Jap
Check out the companies making the biggest moves midday: Guidewire Software — The platform for insurers plummeted 21% after revenue guidance for the current quarter fell short of expectations. Guidewire sees revenue ranging from $372 million to $378 million, versus the LSEG consensus estimate of $387 million. Full-year
WNBA Commissioner Cathy Engelbert will retire at the end of 2026, the league announced on Friday. The decision comes as the league has experienced unprecedented growth, but Engelbert has faced criticism from some players over her leadership. A successor has not yet been named. "In 2019, I had the privilege of being app