Finance

Japan’s core inflation picked up slightly in March from a year earlier, but remained distant from the Bank of Japan’s ambitious 2% target in a sign of rising pressure on the central bank. Over the past year, policymakers have had to contend with a slowdown in global demand as the Sino-U.S. tariff war put a

Check out the companies making headlines after the bell: Shares of Intuitive Surgical plummeted more than 6 percent in extended trading Thursday following the release of the company’s disappointing first-quarter earnings. Intuitive Surgical posted earnings per share of $2.61, missing Refinitiv estimates of $2.70. Revenue was in line with estimates at $974 million. Pinterest shares

First quarter growth perked up late in the quarter, to well above 2% after looking to be 1% or less when the economy was being hit by winter storms and the government shutdown. Economists surveyed by CNBC/Moody’s Analytics Rapid Update raised their growth estimates by 0.3 percentage points to a median 2.4% Thursday, following a

Some of China’s automobile industry watchers are putting their hopes on a new growth trend, driven by consumer demand for more intelligent cars. Electric-powered cars were a clear focus for start-ups and foreign auto giants alike at this week’s Shanghai Auto Show. For some in the industry, they say it will be the smartphone-like interface

Check out the companies making headlines after the bell: Shares of Las Vegas Sands jumped more than 4% in extended trading Wednesday following the release of the company’s first-quarter earnings. Beating on the top and bottom lines, the casino company posted earnings per share of 91 cents on revenue of $3.65 billion. Wall Street estimated

The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of IBM. Tim Seymour was a buyer of United Airlines. Steve Grasso was a buyer of Netflix. Guy Adami was a buyer of UnitedHealth. Trader disclosure: Pete is long calls AAL, AMD, ASHR, BABA, BAC, BP, BSX, CFX,

Goldman Sachs Chief Executive David Solomon said Wednesday that the chances of the U.S. economy soon entering a recession are lower now than they were earlier this year. “I don’t see any data in any way, shape or form that leads me to believe that that chance is accelerating at the moment,” Solomon told CNBC’s

The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of AT&T. Karen Finerman was a buyer of CBS. Dan Nathan was a seller of the Financials ETF. Guy Adami was a buyer of Schlumberger. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA, ACB, APC,

Major Saudi shopping mall developer Arabian Centres Company is launching an initial public offering that will be the kingdom’s biggest since 2014, when Saudi Arabia’s largest lender, National Commercial Bank, was listed. The IPO, which was approved by Saudi financial regulator, Capital Market Authority, is offering 95,000,000 shares on the Tadawul, the Saudi stock exchange.

The two presentations couldn’t have been more jarringly different. Last month, Apple launched its hotly awaited new TV service, Apple TV+. Notable celebrities took the stage, including Oprah Winfrey, Jennifer Aniston, Steven Spielberg, Reese Witherspoon and Steve Carrell. But the payoff was lacking. There were virtually no clips of actual show footage, leading to somewhat

Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $4.89 a share, down 30% from a year ago, according to Refinitiv.Revenue: $8.9 billion, down 10% from a year earlier.Trading Revenue: Equities $1.81 billion; Fixed income $1.77 billion, according to FactSetInvesting Banking: $1.65 billion It’s only

The best investment opportunities may be thousands of miles away, according to a major Wall Street firm. That is, the upside potential is larger in Europe and Asia than in the United States, Medley Global Advisors’ Ben Emons told CNBC. That assessment is not coming because he sees the American economy barreling toward trouble as

The House Banking Committee held a hearing on Wednesday to discuss the financial stability of the nation’s biggest banks. It requested the presence of the top CEOs to field questions on their finances. However, virtually no queries were posed on financial stability in a hearing that lasted possibly five hours or more. What emerged instead

During the IMF meetings in Washington this week, Finnish Central Bank Governor Olli Rehn told CNBC that how the economy evolves by June will be key in determining how “we proceed as regards to our monetary policy stance.” The European Central Bank releases updated macroeconomic projections every quarter. In March, the ECB slashed its growth

The global economy is likely to pull out of a brief growth slump later this year — with a little help from the world’s central banks and from U.S. and Chinese trade negotiators. Global finance leaders gathered from the spring meetings of the International Monetary Fund and the World Bank agree that the global economy

The idea of a second Brexit referendum is very likely to be put before Britain’s parliament again although the government remains opposed to any new plebiscite, the British finance minister said on Friday. Philip Hammond said he hoped parliament would break the Brexit impasse by passing a deal by the end of June, potentially ending

Shares of Disney are on track to hit a 10-year high after the unveil of its new video streaming service, but the platform has some naysayers on Wall Street. The media giant on Thursday announced its much-anticipated streaming platform Disney+, which will be rolled out on November 12. Disney Chairman and CEO Bob Iger claimed

It’s now up to corporate America to reveal whether the U.S. economy simply hit a soft patch this winter, as many suspect, or is on the verge of falling into an even deeper rut. Earnings from a broad swath of industries, like financials, technology, transportation and consumer products roll out in the coming week as

Chevron’s $33 billion acquisition of Anadarko sparked speculation the oil patch will see a new wave of consolidation as major players look to build scale and lower costs in the shale sector. Stocks of prospective targets surged after the deal was announced Friday. Apache stock jumped nearly 6% in premarket trading, Chesapeake stock rose more

The U.S. Federal Reserve has switched from a stance that was “too hawkish” at the end of last year to “too dovish” presently, according to Mohamed El-Erian, Allianz’s chief economic advisor. While such a drastic swing is not expected to hit the U.S. economy in a big way, it has contributed to greater volatility in