This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Powell’s power Federal Reserve Chair Jerome Powell hinted at the potential for interest rate cuts during his much-anticipated speech in Jackson Hole, Wyoming, on Friday. Investors liked…
Hong Kong’s bar scene is one of the best in Asia, with world-class cocktails and a buzzing nightlife. The only catch? It’s one of the world’s most expensive cities, and an after-work drink or casual hang-out with friends can easily add up, making nights out feel like a splurge. The good news is that not…
Age is no barrier to beauty. Legendary actress Joan Collins, 92, recently turned heads in a chic white swimsuit as she shared a glamorous photo from her holiday in the south of France on Instagram, inspiring us all to embrace every chapter of life with elegance and flair. Joan Collins posted a photo of herself…
When Federal Reserve Chair Jerome Powell on Friday opened the door to cutting interest rates for the first time in nearly a year, he noted the tremors beginning to shake a main pillar of the U.S. economy: the labor market. Concerns about the pace of job growth were heightened earlier this month after government data showed a…
Rocket company postpones 10th test-flight to troubleshoot issue at Texas launch site. Elon Musk’s SpaceX has called off a planned test flight of its Starship megarocket following an issue at the launch site. About 30 minutes before the planned liftoff at its Texas launch facility on Sunday, SpaceX said that it was abandoning its 10th test flight…
[The content of this article has been produced by our advertising partner.] When Jiang Bo took up the helm as CEO of Clarity Medical Group (1406.HK) last year, the Hong Kong-listed specialist eye care provider was mired in severe financial losses and, more importantly, a history of governance issues. These issues triggered a trading suspension…
Key Points Many growth stocks are valued for what they could one day become rather than where they are today. So, building an investment thesis in a growth stock inherently requires patience. There are plenty of ways to approach growth stocks, from targeting the “Ten Titans” megacap names to seeking out hidden-gem companies. Where to…
The authorities in Hong Kong have refused to extend the employment visa of a Bloomberg journalist, effectively expelling her from the Chinese territory where she has lived and worked for six years. Rebecca Choong Wilkins, a reporter on the financial newswire’s Asia government and politics team, was applying for a routine visa renewal when she…
Marko Monroe wears many hats. Not only is he a reality TV star, stylist and designer, but he is also known for designing custom Labubu dolls for collectors from Lady Gaga to Marc Jacobs. Marko Monroe is a TV personality and fashion guru. Photo: @marko_monroe/Instagram Dubbed the “Labubu whisperer” by W Magazine, Monroe says he…
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson…