Activist investor group asks SEC to investigate Tesla over plan to shrink board
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World
Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs
Core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected.
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30 Jun, 09:11 PM
Bitcoin on track for its worst quarter in more than a decade
Bitcoin has lost around 58% of its value in the second quarter of 2022, its worst quarterly loss since the third quarter of 2011.
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30 Jun, 09:11 PM
Incoming Philippines finance secretary wants to put his country back on a growth track
Benjamin Diokno, who is currently the central bank governor, said he aims to tackle the country's rising debt problem and focus on growth.
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29 Jun, 10:19 PM
NATO reaches a deal with Turkey to admit Sweden and Finland, secretary-general says
Both Finland and Sweden already meet many of the requirements to be NATO members.
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29 Jun, 10:19 PM
Israel's government collapse — and fifth election in three years — offers a potential comeback for Netanyahu
Israel's current predicament reflects the increasing polarization in the Middle Eastern country of nearly 10 million.
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29 Jun, 10:19 PM
China's economy didn't bounce back in the second quarter, China Beige Book survey finds
"While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected," according to a report released Tuesday.
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29 Jun, 10:19 PM
Europe's plans to replace Russian gas are deemed 'wildly optimistic' — and could hammer its economy
Europe's best shot at replacing Russian gas imports this year is expected to miss the mark.
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29 Jun, 10:19 PM
Putin needs to be stopped in the battlefield — not with sanctions, says ex-president of Lithuania
"From the very beginning of the war, I [have] said that [Putin] only understands the language of strength," says Dalia Grybauskaite, former president of Lithuania.
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29 Jun, 10:19 PM
Sony looks beyond the PlayStation 5 with its own brand of PC gaming gear
Sony is launching two PC gaming monitors and three headsets under a new brand called Inzone.
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29 Jun, 10:19 PM
Summer temperatures — and inflation — are running hot. Here's how to save money on cooling bills as prices rise
The combination of a hot summer and rising energy prices can pinch Americans' budgets. Here's some ways to save money while staying cool.
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29 Jun, 10:19 PM
U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores
A leader of the U.S. Federal Communications Commission asked Apple and Google to remove TikTok from their app stores over China-related data security concerns.
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29 Jun, 10:19 PM
ECB's chief economist sees double-sided risk of spiraling inflation and an economic slowdown
European Central Bank Chief Economist Philip Lane said the Frankfurt institution will have to remain vigilant over the coming months.
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29 Jun, 10:19 PM
LVMH buys California wine giant Joseph Phelps as high-end drinks market soars
The deal delivers Moet one of the best-known California wine makers, famous for its red table wines and trophy Insignia label.
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29 Jun, 10:19 PM
These are the most expensive places to work abroad in 2022
Hong Kong has been named the most expensive city in which to live and work overseas this year, according to Mercer's 2022 Cost of Living index.
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29 Jun, 10:19 PM
European Central Bank member Holzmann says there's ample room to hike to cool surging inflation
A member of the European Central Bank told CNBC Wednesday that there's plenty of runway to hike interest rates, following the two planned raises for July and September.
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29 Jun, 10:19 PM
Fed’s Mester backs 75 basis point hike in July if conditions remain the same
Cleveland Fed President Loretta Mester said Wednesday that she will be advocating for a 75 basis point hike to interest rates in July if conditions stay the same.
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29 Jun, 10:19 PM
