The good old days: Members of the German Greens party, including co-leader Annalena Baerbock (C) and local candidate Katharina Fegebank (C-L), react to initial exit polls that give the Greens 25.5% of the vote in Hamburg city elections on February 23, 2020 in Hamburg, Germany. Sean Gallup | Getty Images […]
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Stock futures mostly flat after Dow, S&P close at all-time highs
U.S. stock index futures were flat early on Wednesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average edged slightly lower. S&P 500 futures and Nasdaq 100 futures were flat. During […]
UN climate report is our ‘final wake-up call,’ say environmental experts
A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by environmental experts. Speaking to CNBC Tuesday, environmentalists outlined the role companies, countries and individuals can play in stemming the crisis. They also shared their hopes for the 26th UN Climate […]
Consumer inflation likely to be another scorcher in July, economists say
Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images Inflation in July is expected to be its hottest since the start of the coronavirus pandemic, suggesting that the sharp rise in consumer prices has reached its peak, economists say. Economists […]
Chinese gaming giant NetEase pushes for major overseas growth with new battle royale title
The NetEase Games booth at the China Joy conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC GUANGZHOU/HANGZHOU, China — NetEase is gearing up to release a major game it hopes will boost its international expansion efforts as competition intensifies with incumbent Tencent and newcomer ByteDance. In a […]
Biden says Afghans must ‘fight for themselves’ as Taliban advances, does not regret U.S. withdrawal
U.S. President Joe Biden delivers remarks on the economy from the White House in Washington, U.S. July 19, 2021. Jonathan Ernst | Reuters WASHINGTON – President Joe Biden said Tuesday he does not regret his decision to withdraw U.S. forces from Afghanistan, a move that effectively ends America’s longest war. […]
Chinese stocks stretch comeback into day two, but traders warn it may not last
Chinese stocks rallied again on Tuesday, stretching a comeback into another day. The FXI large-cap China ETF climbed 1%, adding to a 3% gain in just the past two sessions. Those names had been crushed after a regulatory crackdown out of Beijing that involved some of the country’s top tech […]
Biden’s personal touch and GOP retirements: How the bipartisan infrastructure bill beat the odds
U.S. President Joe Biden answers questions from reporters as Vice President Kamala Harris looks on in the East Room of the White House in Washington, U.S., August 10, 2021. Evelyn Hockstein | Reuters WASHINGTON — President Joe Biden’s decades of experience in the Senate and his personal faith in compromise […]
AMC is hoping sales at the box office reach $5.2 billion, here’s why that’s a big ask
Noam Galai | Getty Images Entertainment | Getty Images AMC Entertainment CEO Adam Aron has set an optimistic target for the 2021 domestic box office. During an earnings call Monday, Aron said AMC could post positive cash flow at the theater level as soon as the fourth quarter if the […]
Stock futures are flat after Dow, S&P close at all-time highs
U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were […]