Luis de Guindos, vice-president of the European Central Bank, discusses the outlook for euro zone inflation and why there is no predetermined path for monetary policy.

Coming months won't be easy for euro zone inflation, ECB's Luis de Guindos says

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 are. Like what you see? You can subscribe here. Nasdaq record. Wall Street kicked off the second half of the...

CNBC Daily Open: 'Roaring Kitty' gets chewed up, Nasdaq hits record

Markets Insider

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Claudia Chee, 32, has a love for all things Costco. She's furnishing her new apartment with items from the store. She created the Instagram account @CostcoClaudia, where she models clothing and shares her experiences. She earns about $7,000 a month as an influencer, as well as around $5,000 a month from her job as a piano teacher.

I bought all my furniture at Costco for $5,000: Take a look inside

Reuters

BERLIN (Reuters) - Inflation fell in five important German states in June, preliminary data showed on Monday, suggesting that national inflation could decline this month. In Saxony, the inflation rate fell in June to 2.8% from 3.1% in the previous month, in Brandenburg it fell to 2.6% from 2.9%, in Baden-Wuerttemberg it fell to 1.9% from 2.1%, and in Hesse it fell to 1.8% from 1.9%.

Inflation down in five German states, pointing to national decline

— This is the script of CNBC's news report for China's CCTV on June 27, 2024. In the United States, starting early last year, Novo Nordisk's weight-loss version of Semaglutide, marketed as Wegovy, along with other GLP-1 class weight-loss drugs, went viral on social media. These drugs, known for their appetite-suppressing effects, have sparked a wave of speculation on Wall Street, with analysts predicting potential shifts in consumer behavior that could impact the food and beverage industry.

CCTV Script 27/06/24

Richmond, VA

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. Teyoshe Smith's previous...

43-year-old started a 'kitchen island' side hustle on Facebook Marketplace—now it brings in $379,000 a year

Oil prices have surged over the last three weeks as geopolitical tensions climbed, although concerning economic data in the U.S. could drag prices back down. All eyes are fixed on US inflation data as crude oil prices have maintained their hot streak and are set to end this week with a third weekly gain. Surging geopolitical tensions around Israel and Lebanon have overshadowed slackening economic data from the US in May, with every single day this week posting a day-on-day increase and Brent set to finish the week at $87 per barrel.

Markets Await Inflation Data as Oil Prices Continue to Rally

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Hurricane Beryl roared through open waters on Tuesday as a monstrous Category 5 storm on a path that would take it near Jamaica and the Cayman Islands after earlier making landfall in the southeast Caribbean, killing at least four people. A hurricane warning was in effect for Jamaica and a...

Hurricane Beryl rips through open waters after devastating the southeast Caribbean

Asian markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, as traders react to mostly upbeat manufacturing sector data from several markets in the region as well as upbeat domestic business sentiment readings from Japan. Data showing slowdowns in the annual rates of US consumer price growth also led to optimism about the outlook for interest rates. Asian markets closed mostly higher on Friday.

Asian Markets Trade Mostly Higher

The Associated Press

HONG KONG (AP) — Asian stocks were mixed Tuesday after stocks advanced on Wall Street and yields jumped in the U.S. bond market as election-related issues swayed markets worldwide. U.S. futures fell and oil prices rose. The Japanese yen fell to near a fresh 38-year low, reaching 161.66 yen...

Stock market today: Asian shares are mixed after gains on Wall Street

USDA loans allow eligible homebuyers to get zero-down-payment mortgages in rural areas. Because they're backed by the U.S. Department of Agriculture, these loans have lower rates and more flexible credit requirements than conventional mortgages. They also don't require private mortgage insurance, which can add more than 2% to your loan annually.

What is a USDA loan and am I eligible?

CNBC's Jon Fortt goes one-on-one with AWS' new CEO Matt Garman to discuss the company's plan to implement AI.

AWS CEO Matt Garman breaks down the company's AI strategy

Missouri State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Fremont, CA

At 32, after 12 years of living rent-free with my parents in the San Francisco Bay area, I was ready to move into my own place. I had saved $400,000 and had the flexibility to make the leap, but whether it was uncertain streams of income, wanderlust and mostly, the financial benefits of staying put, something had been holding me back. Until November 2023, when I visited a friend at their Fremont, California, apartment complex.

33-year-old pays $2,146/month for 556-square-foot studio in California furnished 'almost entirely with Costco': Take a look inside

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

President Joe Biden and former President Donald Trump share common ground on tariff policy. But some policymakers argue that while tariffs can protect and help grow domestic industries, they can also lead to higher prices for Americans. "The economics on tariffs are really clear that they're a tax increase that...

Why both former Pres. Trump and Pres. Biden's tariffs can hurt Americans’ wallets

NEW YORK (Reuters) - Global hedge funds in June sold U.S. shares of technology, media and telecommunications (TMT) companies at the fastest pace since 2016, mainly driven by semiconductor stocks, Goldman Sachs said in note.

Hedge funds dump tech stocks at fastest pace since 2016, bank shows

ZURICH (Reuters) -Swiss bank UBS has completed the merger of its domestic unit with Credit Suisse's operations in its home market, the bank said on Monday, adding that the head of the Credit Suisse business was leaving the bank.

UBS completes merger of Swiss business with Credit Suisse

NewsBreak

European markets lower as euro zone core inflation holds steady

The regional Stoxx 600 resumed last week's decline in morning deals. The index was trading 0.57% lower at 11 a.m. in London. Headline inflation in the...

European markets lower as euro zone core inflation holds steady

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