There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.
CNBC’s Inside India newsletter: The humble onion could be holding India’s economy hostage
Even a modest change in the price of the bulbous vegetable soon becomes the talking point around dinner tables for hundreds of millions of people in the country.
Asia-Pacific markets rise as investors assess Japan economic data; yen hits fresh 38-year low
Investors will be keeping an eye on the yen, as well as key inflation and factory data out of Japan.
France’s upcoming election is rattling nerves and raising debt crisis talk
“In the worst case there is a fully-fledged bond market and fiscal crisis,” one economist said.
Sweden’s central bank chief says 2 to 3 more rate cuts this year is a ‘forecast not a promise’
Erik Thedéen told CNBC the inflation outlook was more positive, particularly around inflation expectations and wage growth.
Italy will pay people up to $32,000 to move to mountain towns in Tuscany: Here’s what to know
In June, the Italian region of Tuscany announced the “Residency in the Mountains 2024,” offering people a financial incentive to move into rural communities.
Chinese automakers expected to achieve 33% global market share by 2030
Chinese automakers are expected to continue rapidly expanding outside of China to achieve 33% of the global automotive market share by 2030.
Europe wants to send data centers into space — study says it’s possible
Europe is exploring the possibility of launching data centers, which consume vast amounts of electricity, into space.
Nvidia CEO Jensen Huang addresses rising competition at shareholder meeting after historic stock surge
Since last year’s meeting, Nvidia has been on a historic run.
Yen weakens past 160 against the dollar, reigniting intervention speculation
The yen weakened to 160.82 against the greenback according to FactSet data, breaching the previous record of 160.03 on April 29.