Breaking News: Markets

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by…

Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation

Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against…

Consumer prices rose 0.4% in February and 3.2% from a year ago

Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting…

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…

China’s stock valuations are ‘way too low,’ strategist says — here’s why

Valuations of Chinese stocks are “way too low” and investors should be looking to cautiously re-enter the world’s second-largest economy,…