Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years.The Commerce Department reported Friday that the personal consumption expenditures price index rose 0.2% on the month and was up…

China’s economic landscape is undergoing a profound transformation, marked by significant shifts in its growth engines. The evolving composition of China’s economic drivers is likely to have long-term implications for global economies and asset markets, necessitating a re-evaluation of which sectors and asset classes stand to gain or lose from…

The harmonized German consumer price index eased to 2% in August, coming in lower than analysts had expected, preliminary data from the German statistics office Destatis said Thursday.A Reuters poll had forecast the CPI would come in at 2.3%. In July, the harmonized CPI figure was 2.6% on an annual…

Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned 68 cents per share on revenue of $30.04 billion, while…

Pernod Ricard SA. (OTCPK:PDRDF) Q4 2024 Earnings Conference Call August 29, 2024 3:00 AM ET Company Participants Florence Tresarrieu – IRAlexandre Ricard – Chairman and CEOHélène de Tissot – EVP, Finance Conference Call Participants Sanjeet Aujla – UBSSimon Hales – CitiLaurence Whyatt – BarclaysAndrea Pistacchi – Bank of AmericaOlivier Nicolai…

Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first non-technology company in the U.S. to score the coveted milestone.Shares of the Omaha-based conglomerate have rallied more than 28% in 2024, far above the S&P 500’s 18% gain. The $1 trillion threshold was crossed just two…

My top 10 things to watch Wednesday, Aug. 28 1. Wall Street was heading for a slightly lower open after the Dow closed at another record and the S & P 500 came within a whisper of one as well. The Nasdaq was still about 5% away from its all-time…

I rate Panasonic Holdings Corporation (OTCPK:PCRFF) (OTCPK:PCRHY) [6752:JP] stock as a Hold. My rating for Panasonic is lowered from a Buy previously to a Hold now, as the company’s Electric Vehicle or EV battery business’ growth outlook has become less favorable. I have stopped short of assigning a Sell rating…

Check out the companies making headlines before the bell. Paramount Global — The media conglomerate’s stock dropped nearly 5% after Edgar Bronfman Jr. withdrew his bid for the media company. This clears a path for Skydance Media to take over Shari Redstone’s media empire. Paramount expects the deal with Skydance…

Younger credit card users are unlikely to achieve a perfect 850 credit score — even with the best credit usage habits, credit expert John Ulzheimer tells CNBC Make it.That’s because the length of your credit history accounts for a sizable 15% of how your credit score is calculated. Since younger…