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Asia markets rise after U.S. inflation comes in hotter than expected


2 Hours Ago

CNBC Pro: Arm IPO: Should you buy shares? Here’s what 4 analysts are saying

14 Hours Ago

August core inflation, excluding and food and energy, comes in slightly hotter than expected

Core CPI, excluding food and energy, rose 0.3% on a monthly basis in August, slightly ahead of the 0.2% increase expected by economists polled by Dow Jones. The figure rose 4.3% from a year ago, in line with estimates.

The headline number rose 0.6% last month and in line with Dow Jones estimates. Headline prices increased 3.7% on a year-over-year basis, ahead of the 3.6% expected by economists.

— Samantha Subin

2 Hours Ago

CNBC Pro: Goldman says these global stocks are set to soar on share buybacks — giving one over 100% upside

Analysts from Goldman Sachs named the European stocks they predict will announce significant buybacks until 2024 — which they say will present substantial upside to their share prices.

Buybacks essentially reduce the amount of shares in circulation and can bump up their price — one of many ways companies can reward shareholders.

CNBC Pro subscribers can read more here.

— Amala Balakrishner

8 Hours Ago

Google is cutting hundreds of jobs in its recruiting organization

See Chart…

Alphabet shares 1-day

— Jennifer Elias, Sarah Min

14 Hours Ago

Gold hits multi-week low

Gold prices hit a low not seen in three weeks on Wednesday.

The metal reached a session low of 1,927.2. That’s the lowest since Aug. 23, when it hit 1,926.2.

— Alex Harring, Gina Francolla

7 Hours Ago

Wall Street weighs in on Apple’s latest iPhone

Analysts are mostly finding the positive in Apple‘s Tuesday launch event, but one surprise could heighten risks of a revenue shortfall on the margin, according to one analyst.

Read more on Wall Street’s take what the latest news means for the stock here.

— Samantha Subin



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