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inflation

China’s overseas students under pressure amid economic uncertainty

by Walter Watson
China’s overseas students under pressure amid economic uncertainty

As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice …

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It’s no surprise to see Amazon shares lower after cloud CEO shakeup

by Akin Smith
It’s no surprise to see Amazon shares lower after cloud CEO shakeup

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. U.S. stocks were little changed …

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Powell says inflation has been higher than thought and expects rates to hold steady

by Walter Watson
Powell says inflation has been higher than thought and expects rates to hold steady

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the …

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Bay Area small businesses voice struggles as optimism falls

by Vera Ward
Bay Area small businesses voice struggles as optimism falls

It is definitely not party time at Aimbrell Shanks’ Santa Clara rental company, PartyTime Machines. As at a great many Bay Area small businesses, inflation is not only driving expenses …

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Australia’s budget is expected to target housing affordability crisis

by Ron Morgan
Australia’s budget is expected to target housing affordability crisis

An aerial photograph of houses and apartments on coastline in North Bondi, Sydney, Australia. Recent reports indicate that Australian home prices are set to continue their upward trend, driven by …

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Markets reprice Bank of England rate cut bets

by Ron Morgan
Markets reprice Bank of England rate cut bets

Bank of England Governor Andrew Bailey attends the central bank’s Monetary Policy Report press conference at the Bank of England, in London, on May 9, 2024. The Bank of England …

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UK economy exits recession ahead of election

by Walter Watson
UK economy exits recession ahead of election

Sunak – whose governing Conservatives are trailing the main opposition Labour Party before a general election and suffered heavy losses in English local polls last week – has made economic …

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South China Sea: Philippines says ‘not turning against’ Beijing, economy doing well despite maritime feud

by Walter Watson
South China Sea: Philippines says ‘not turning against’ Beijing, economy doing well despite maritime feud

The Philippines said geopolitical tensions with Beijing have not affected the Southeast Asian nation’s economy and the government is still willing to work with Chinese investors. “There doesn’t seem to …

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Shopify’s shares hit a 6-month low after quarterly growth slows

by Anas Siddiqui
Shopify’s shares hit a 6-month low after quarterly growth slows

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 …

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Heineken pledges nearly $50 million investment for “transforming tired pubs” in U.K. into eco-friendly faces of resilience

by Walter Watson
Heineken pledges nearly  million investment for “transforming tired pubs” in U.K. into eco-friendly faces of resilience

Dutch brewing company Heineken is working on “transforming tired pubs” across the U.K. with a nearly $50 million investment meant to ease locals as the U.K. recovers from a 41-year …

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