China’s central bank will release its medium-term lending rate on Monday, while Singapore will publish its manufacturing data for July.
Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’
Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
How China became the leading car supplier to Mexico and what it means for the U.S.
China was the leading car supplier to Mexico in 2023, exporting $4.6 billion worth of vehicles to the county, according to the Mexican Ministry of Economy.
The mistake that put Russian hacker Vladislav Klyushin behind bars
The latest episode of “The Crimes of Putin’s Trader” podcast recounts the catastrophic mistake that put Russian hacker Vladislav Klyushin behind bars.
Nestle CEO departure seen as ‘not such a bad thing’ for investors, analyst says
Nestle has replaced its CEO Mark Schneider with company veteran Laurent Freixe in a bid to shake up its fortunes.
Daughter of tech entrepreneur Mike Lynch retrieved from sunken superyacht off Sicily
Divers on Friday retrieved Hannah Lynch, the daughter of Mike Lynch, from the wreckage of a yacht, a source familiar with the matter told CNBC.
Europe’s wineries battle to survive as extreme heat hurts production
Extreme weather is threatening production at southern Europe’s wineries, with one fine wine grape variety at risk of extinction.
World’s second-largest diamond discovered in Botswana
One of the largest diamonds ever to be excavated was found in Botswana at a mine owned by Canadian firm Lucara Diamond.
The Yield Curve, Recessions, and Monetary Policy Blunders: EI Podcast Highlights
We are three months away from the longest yield curve inversion-to-recession period. Will Cam Harvey’s famous recession indicator hold? Highlights from EI podcast.
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession.