James Bullard says Fed should cut rates because inverted yield curve is ‘not a good place to be’
The Fed’s James Bullard says more monetary easing is necessary because of the recession signal being flashed by the bond market.
EU drafts plan for hundred billion-dollar fund to take on US tech firms, reports say
European Union officials drafted a plan to launch a sovereign wealth fund to invest in companies that could compete with U.S. and Chinese tech giants, according to reports in the Financial Times and Politico.
Brazil leader accuses France’s Macron of ‘colonialist mindset’ after call for action on Amazon fires
Brazilian President Jair Bolsonaro hit back at French leader Emmanuel Macron, after he urged dialogue among G-7 leaders on the rising number of fires in the Amazon rainforest.
Hong Kong stocks at ‘compelling’ lows and could be a buying opportunity, strategist says
Hong Kong’s battered stocks may be on the cusp of a historic buying opportunity, with eleven straight weeks of protest and a protracted trade war pushing equity valuations to “compelling” lows.
A quick US trade deal won’t help Britain avoid Brexit damage, economists say
A trade deal with the U.S. will do little to mitigate the impact of a no-deal Brexit, economists have told CNBC.
Ray Dalio’s Beatles-inspired routine for success
Billionaire hedge fund manager Ray Dalio is widely considered a rock star of the investing world. But the source of his success has a lot to do with superstars of another sort: The Beatles.
Italy elections look likely as experts cast doubt on a new left-wing alliance
The unlikely alliance would in theory enjoy a relatively comfortable majority in the parliament’s lower house but would rely on a handful of sympathetic but unaligned senators.
A 24-year-old entrepreneur was bored in science class — so she started this company
Lab4U teaches basic science principles in physics, chemistry and biology by enabling experiments from an app on a smartphone or tablet.
Boris Johnson could have a very awkward G-7 summit
Boris Johnson will be meeting President Donald Trump to discuss a potential post-Brexit trade deal.
Hasbro to buy Peppa Pig owner Entertainment One for $4bn
The US toy maker will expand its entertainment portfolio with other preschool brands including PJ Masks.