business news

Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up

Billionaire investor Ken Griffin’s flagship hedge fund rose last month as volatility made a return amid the debate about rate cuts,…

Fed’s Kashkari backs sentiment that policymakers can take their time cutting interest rates

Interest rates running at their highest levels in about 23 years are not hurting the economy and could buy policymakers…

Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’

Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the…

Red Sea tensions risk significantly higher inflation, OECD warns

Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation,…

Stock market in a ‘very dangerous’ position as jobs and wages run hot, fund manager says

The U.S. stock market is in a “very dangerous” spot as persistently strong jobs numbers and wage growth suggest the…

Kremlin declines to comment on Tucker Carlson rumors; Russian war critic’s election bid set to be rejected

This was CNBC’s live blog tracking developments on the war in Ukraine. Speculation is rife that U.S. journalist Tucker Carlson…

Delivery Hero reverses losses to climb 5% after reporting sales growth in line with targets

Delivery Hero shares sank Monday morning, extending losses from last week, as investors reacted to preliminary financial results released by…

Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year

In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation…