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Finance
‘The Western world is in danger’: Argentina’s Milei, a self-described ‘anarcho-capitalist,’ urges Davos elite to reject…
Argentina's President Javier Milei delivers a speech at the World Economic Forum (WEF) meeting in Davos on January 17, 2024. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE…
Homebuilder sentiment improves for second straight month, following drop in mortgage rates
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois.Scott Olson | Getty ImagesHomebuilder sentiment improved in January, jumping 7 points to 44 on…
Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025
JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial and geopolitical risks."You have all these…
‘Unprovoked violation’: Iran strikes Syria, Iraq and Pakistan as Middle East tensions spike
DUBAI, United Arab Emirates — Within 24 hours, Iran launched missile and drone strikes on targets in three countries — Iraq, Syria and Pakistan — and took the extraordinary step of…
Mortgage demand surges more than 10% as lower interest rates lure homebuyers
Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for…
Tesla slashes car prices across Europe after similar cuts in China
Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror. Mark Leong | The Washington Post | Getty ImagesTesla on late Tuesday…
UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesUBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the…
Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background.Justin Tallis | AFP via Getty ImagesA raft of major…
Markets getting ahead of themselves on rate cuts and risk being ‘self-defeating,’ ECB member says
Markets are "getting ahead of themselves" with rate cut expectations, the president of the Dutch central bank, Klaas Knot, told CNBC Wednesday."The problem for us is that in the…
UK inflation rate surprises with rise to 4%, led by alcohol and tobacco
Andresr | E+ | Getty ImagesLONDON — U.K. inflation unexpectedly nudged upwards to 4% year-on-year in December, fueled by a rise in alcohol and tobacco prices.This was the first…