Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate
Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said…
Watch live: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls
The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster-than-expected…
Stocks making the biggest moves premarket: Southwest Airlines, Meta Platforms, Align Technology, eBay and more
Check out the companies making headlines in early morning trading. Southwest Airlines — The carrier slid 6% premarket after reporting…
European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve…
Ukraine seen stepping up its counteroffensive in the south; Russia’s defense minister meets North Korea’s Kim Jong Un
This was CNBC’s live blog tracking developments on the war in Ukraine on July 27. See here for the latest…
BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani’s financial arm
BlackRock has joined forces with the financial services arm of India’s tycoon Mukesh Ambani in what’s been referred to as…
China VC slump is set to drag Asia-Pacific fundraising down to a decade low
BEIJING — China-focused venture capital and other private investment funds have had a slow start to the year and are…
CME Group CEO Terry Duffy: Manage your risk because everyone I’ve talked to got Fed ‘dead wrong’
It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO…
