World

A global bond sell-off is deepening as investors pare Fed rate cut expectations

The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee. Brooks Kraft | Getty Images A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs for consumers and businesses around the world. Bond yields have mostly been rising globally …

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What the strengthening greenback means for Europe currencies

Nora Carol Photography | Moment | Getty Images The recent strengthening of the greenback could both benefit and hurt Europe, analysts say, with market watchers anticipating further weakening of the bloc’s major currencies in 2025 as President-elect Donald Trump takes office in the U.S. and economic uncertainty persists. The U.S. dollar index — which measures the greenback against a basket of rivals …

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Tech sells off but AI isn’t going anywhere for now

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show 2025, in Las Vegas, Nevada, U.S., on Jan. 6, 2025. Artur Widak | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they …

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India’s inflation slows to lower-than-expected 5.22% in December

People buy vegetables at a vegetable market in Siliguri, India, on December 28, 2024. Nurphoto | Nurphoto | Getty Images India’s annual inflation declined for a second straight month year on year, coming in just below expectations at 5.22% in December, boosting the case for prospective interest rate cuts. Analysts polled by Reuters had forecast a 5.30% reading. The December …

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China considers selling TikTok U.S. operations to Musk: Bloomberg

Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to uphold a law that calls …

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China’s electric car boom is expected to slow down in 2025

New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Sales of new energy vehicles, a …

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Bitcoin accelerates its slide, falling toward $90,000 to start week

Bitcoin briefly dropped below the $90,000 mark on Monday as investors continued to dump growth-oriented assets such as crypto and tech stocks. The price of the flagship cryptocurrency fell nearly 1% at $93,737.97 to start the week, according to Coin Metrics. Earlier, it fell as low as $89,259.00. Bitcoin is down 9% in the past week. Stock Chart IconStock chart …

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El Clasico delivers the drama with massive Barcelona win over Real Madrid; Manchester United down Arsenal

Hello there! A busy weekend is about to give way for an equally jam-packed week across Europe, especially as rivalry games take center stage. I’m Pardeep Cattry with an update to start your week. 📺 Footy fix All times U.S./Eastern Monday, Jan. 13🏴󠁧󠁢󠁥󠁮󠁧󠁿 FA Cup: Millwall vs. Dagenham & Redbridge, 2:30 p.m. ➡️ ESPN+🇮🇹 Serie A: Monza vs. Fiorentina, 2:45 …

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Ahead of TikTok ban, Instagram to prioritize original content: Mosseri

Adam Mosseri, Facebook Beck Diefenbach | Reuters Adam Mosseri, the head of Meta’s Instagram, said on Monday that the app will focus on prioritizing original and creative content in its algorithmic rankings in 2025. His comments came in a video Mosseri posted outlining Instagram’s priorities for the year, which include improving social connections for users. “Instagram was really founded on …

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Paris Saint-Germain’s Ousmane Dembele starts 2025 in decisive form as massive Champions League matchups loom

Getty Images PARIS — Ousmane Dembele has started 2025 as he means to continue, with three goals across two games for Paris Saint-Germain’s first trophy of the new year, as well as a continued seven-point lead at the Championnat summit ahead of Olympique de Marseille. The France international scored the only goal of the game as Luis Enrique’s side edged …

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