A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. You can listen to an audio version of the newsletter by clicking the same link. London CNN business — The most powerful business lobby in the United States is not a fan of … Read more
“The more premium beverages we make, the harder it is for customers to replicate them at home, and we believe this helps the concept of trade down,” Starbucks CFO Rachel Ruggeri said Aug. 3 opposite CNBC’s “Squawk Box.” Gary Hershorn/Staff/Getty Images Personalized coffees, “prestige” skincare, and “upscale” sauces and spreads are just a few examples … Read more
By ELAINE KURTENBACH, AP business writer BANGKOK (AP) – Stocks in Asia were mixed on Monday after China’s central bank cut interest rates and Japan reported its economy grew faster in the most recent quarter. Tokyo and Sydney advanced while Hong Kong, Shanghai and Bangkok fell. US futures rose on Monday as oil prices fell. … Read more
Bitcoin briefly surpassed $25,000 for the first time since mid-June as momentum continued from cooler-than-expected US inflation data and progress towards Ethereum’s major appreciation. The largest cryptocurrency rose as much as 2.2% on Sunday to $25,031, its highest level since June 13. It was trading at around $24,750 as of 6 … Read more
Mini For long-term self-sufficiency, we need to improve our agricultural productivity. A 2020 RBI study showed that the macroeconomic impact of climate change on food inflation is statistically significant. In the face of the alarming situation of global climate change, we must ensure food security and food price stability. This Friday’s media reports citing unnamed … Read more
Retirees and people looking for a secure income received two pieces of very good news this week, of which you may only have heard one. Inflation in July was below fears (although a debate is now raging as to what the ‘real’ inflation rate is – more on that below). Meanwhile, your ability to earn … Read more
Turkey was the largest cryptocurrency market in the Middle East in 2021, with exchange volume growing about 1,500% year-over-year, according to data from Chainalysis. Attorney Burcak Unsal, a cryptocurrency expert, noted that the transaction volume of Turkish cryptocurrency was one of the largest in the world over the past year. The Statista portal, meanwhile, presented … Read more
Turkey was the largest cryptocurrency market in the Middle East in 2021, with exchange volume growing about 1,500% year-over-year, according to data from Chainalysis. Attorney Burcak Unsal, a cryptocurrency expert, noted that the transaction volume of Turkish cryptocurrency was one of the largest in the world over the past year. The Statista portal, meanwhile, presented … Read more
Turkey was the largest cryptocurrency market in the Middle East in 2021, with exchange volume growing about 1,500% year-over-year, according to data from Chainalysis. Attorney Burcak Unsal, a cryptocurrency expert, noted that the transaction volume of Turkish cryptocurrency was one of the largest in the world over the past year. The Statista portal, meanwhile, presented … Read more
TuSimple, partly owned by UPS, makes self-driving trucks, a technology that could be among the innovations that will help lower longer-term inflation in the transportation sector. Source: TuSimple As inflation continues to flirt with 40-year highs, we know what the Fed is doing to retaliate: raise interest rates. But what can companies do to fight … Read more