World

Nobel economics prize given to U.S.-based economists for work on prosperity

Simon Johnson, an economist and a professor at the Massachusetts Institute of Technology (MIT). Bloomberg | Bloomberg | Getty Images U.S.-based economists Daron Acemoglu, Simon Johnson and James Robinson were awarded the Nobel prize in economic sciences on Monday for their work on wealth inequality between nations. The academics have helped show why societies with “poor rule of law and …

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Labour woos new business to Britain

Stockcam | E+ | Getty Images LONDON — The U.K. Labour government is hoping to woo foreign capital to the country on Monday, as it hosts its inaugural International Investment Summit in London. Prime Minister Keir Starmer, Finance Minister Rachel Reeves and Business Minister Jonathan Reynolds will lead the one-day event at London’s Guildhall, which is expected to be attended …

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China property stocks jump after Beijing proposes measures to lift troubled sector

Investor confidence in China’s real estate market appear to be boosted by the government’s promise to support the sector and some loosening of policies. But analysts say China’s high-growth property market may be a thing of the past. Getty Images | Getty Images News | Getty Images China property stocks jumped Monday after Beijing layed out more support measures over …

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New Nikon Binoculars, Z Telephoto Sale

If you watched the Wildlife Photographer of the Year awards on Tuesday, you may have recognized the name of the winner in the Natural Artistry category. Talented wildlife photographer Jiří Hřebíček took home the prize with his image The Artful Crow. A common and overlooked bird captured in a city park brought him extraordinary success. Jiří has shared his winning …

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With a stagnant PPI, the Fed’s near the finish line

Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on Monday, Sept. 30, 2024.  Seth Herald | Bloomberg | 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, …

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After anti-tourism protests, Spain receives record number of travelers

On July 6, thousands of anti-tourism protesters marched through the streets of Barcelona, shouting: “Tourists go home!” A little more than a month later, Spain’s tourism board sent a mass email with a different message: “Spain: the summer you’ll want to repeat every year … We can’t wait to see you!” Tourists caught in the crossfire of Barcelona’s July protest …

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