Breaking News: Economy

Sovereign debt is biggest risk to global growth in 2025: Saudi minister

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia’s finance minister said, expressing…

RDDT, SMCI, GRMN, SNAP and more

Check out the companies making headlines in midday trading. Reddit – Shares soared 41% after the social media company reported…

Ray Dalio concerned about America postelection: ‘Both candidates worry me’

Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia on Oct. 30th, 2024.  CNBC A…

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

Private-job creation burst to its highest level in more than a year during October, despite a devastating storm season in…

U.S. election won’t be an ‘uneventful event’ for global markets, UBS chief says

Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images The outcome of upcoming elections…

Stocks making biggest moves after hours: GOOGL, V, CMG, AMD

Check out the companies making headlines in after-hours trading: Chipotle Mexican Grill — The burrito chain reported mixed quarterly results…

Consumer confidence surges as election nears; job openings move lower

Pedestrians walk past a “hiring now” sign posted outside Wegmans in New York City. Adam Jeffery | CNBC Consumers grew…

Exxon, Spotify, Boeing, McDonald’s and more

Check out the companies making headlines in premarket trading. Spotify — The music platform rose more than 2% after Wells…

Foreign investors flock to flagship Saudi economic conference

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…

Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation

09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the…