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Breaking News: Markets

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

by Walter Watson
Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially …

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U.S. Treasurys in focus as investors await Jackson Hole symposium

by Ron Morgan
U.S. Treasurys in focus as investors await Jackson Hole symposium

The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury climbed more than 6 basis …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | Getty Images Stock futures …

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PwC China faces six-month business ban, large fine over Evergrande audit, sources say

by Walter Watson
PwC China faces six-month business ban, large fine over Evergrande audit, sources say

pwc in Shanghai, China, Aug. 12, 2024.  Cfoto | Future Publishing | Getty Images Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers’ auditing unit in …

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Oil tanker left adrift and ablaze after Red Sea attack

by Walter Watson
Oil tanker left adrift and ablaze after Red Sea attack

Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images A Greek-flagged oil tanker was left adrift and ablaze in the Red Sea following strikes off …

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Japan, Australia, India PMI, BOK decision

by Walter Watson
Japan, Australia, India PMI, BOK decision

People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024.  Jung Yeon-je | Afp | Getty Images Asia-Pacific …

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U.S. job growth revised down by the most since 2009. Why this time is different

by Walter Watson
U.S. job growth revised down by the most since 2009. Why this time is different

People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida.  Joe Raedle | …

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Nonfarm payroll growth revised down by 818,000, Labor Department says

by Walter Watson
Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As part of its preliminary annual benchmark revisions …

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Japan trade on deck, Wall Street rally pauses

by Ron Morgan
Japan trade on deck, Wall Street rally pauses

A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020. BEHROUZ MEHRI | Contributor | Getty Images Asia-Pacific markets are set to open lower …

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Jim Cramer says Vornado’s double upgrade signals city real estate back

by Akin Smith
Jim Cramer says Vornado’s double upgrade signals city real estate back

Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Lowe’s : The home improvement retailer beat on earnings but missed on revenues. …

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