In this article CRMC Follow your favorite stocksCREATE FREE ACCOUNT DAVOS, Switzerland - The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 -- but at least one major risk looms for markets, they said. The resilient U.S.
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz David A. Grogan | CNBC Disney directors unanimously rejected activist investor Nelson Peltz's request to join the board this month, in large part due to his lack of media industry expertise. That would be a stronger argument if Disney's
This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. The "soft" part of a potential economic landing is increasingly visible. More weak manufacturing data combined with subpar retail sales and strong downside momentum in
Members of the Philippine Coast Guard wade through floods during a rescue operation, in Isabela City, Basilan province, Philippines, January 11, 2023. Philippine Coast Guard | via Reuters The Philippines has grappled with heavy rain, flooding and landslides since the beginning of January, prompting evacuations and spurring
The software giant announced Wednesday that it's eliminating 10,000 jobs, about 5% of its workforce. Author: Dan Weil Publish date: Jan 18, 2023 12:30 PM EST Microsoft (MSFT) - Get Free Report shares rose in pre-market trading Wednesday amid investor enthusiasm over the software titan’s announcement that it will slash 10,000
"Mobilization of the world must outpace a next military mobilization of our joint enemy," Zelenskyy said via videoconference at the World Economic Forum in Davos, Switzerland. Bloomberg | Bloomberg | Getty Images Ukrainian President Volodymyr Zelenskyy on Wednesday said the supplies of Western tanks must outpace another
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of its interest rate increases. Pricing Wednesday morning pointed to a 94.3% probability of a 0.25
Trade tensions between the EU and the US are dominating the talk in Davos. Anadolu Agency | Anadolu Agency | Getty Images DAVOS, Switzerland -- It's the talk of the town. Transatlantic trade tensions are dominating conversations at the World Economic Forum this week. On the one hand,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon on Wednesday commenced the latest wave of job cuts in its corporate workforce, in what's poised to be the largest
McDonald's (MCD) - Get Free Report has been a dominant player in the fast-food space, but part of the reason the chain has stayed on top is that it has never been complacent. That's partly because the company has a franchise-based model which means
