Investors could fall out of love with equities during the next 18 months as the impact of fiscal stimulus in the U.S. fades away, a strategist told CNBC on Tuesday. But with trade tensions and political uncertainty currently “priced in,” there is still room for growth in equity markets, Mike Bell, global market strategist at […]
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There's now a real chance the UK won't get a Brexit deal — here's what that means for markets
Investors should start preparing for a scenario in which the U.K. does not reach an agreement with the European Union over Brexit, a political analyst told CNBC Tuesday. The U.K. voted in June 2016 to leave the EU, but the process to leave the bloc has proven long and rich in technical details. No matter […]
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European shares seen higher as investors shift focus toward earnings
Markets in Europe are poised to start Tuesday’s trade on a higher note as investors focus on upcoming corporate earnings and put trade and political tensions aside. The FTSE 100 is seen up by 10 points at 7,701; the DAX is seen higher by 40 points at 12,594; and the CAC 40 is set to […]
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NATO, the Queen, Putin and some golf – Trump has a busy week coming up
President Donald Trump will travel to Europe this week for a series of meetings that will see him wine and dine — and discuss the world’s most pressing issues — with heads of state, government and business. Trump will face fellow leaders on Wednesday and Thursday at the NATO summit in Brussels, where defense spending […]
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England may win the World Cup, but its economy won’t be lifting any trophies
What have Brexit and the brilliant England run in the soccer World Cup actually got in common? To judge from the thousands of column inches from political and economic pundits desperate to find a link you’d actually think quite a lot. Of course, economic and political writers are always keen to overstretch the connections so […]
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UK Prime Minister May faces fight for leadership in crucial Brexit showdown
The resignation of U.K. Foreign Secretary Boris Johnson on Monday afternoon has led to suggestions that the British government is on the brink of collapse. Johnson stepped down after Prime Minister Theresa May outlined her government’s desire for a softer version of Brexit. He is the second cabinet minister to resign within 24 hours after […]
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Mastercard is in talks with UK banks about launching cards with fingerprint scanners
Mastercard is holding talks with banks in the U.K. about bringing biometric payment cards to market. The credit card firm has been testing cards with in-built fingerprint scanners, which are used to verify customers’ identities. This is intended to replace the use of passwords and speed-up the process of making payments online and contactless transactions […]
Read moreJimmy Tosh’s sprawling hog farm in rural Tennessee is an unlikely battleground in the fight for control of the U.S. Senate. Yet his 15,000 acres (6,000 hectares) two hours west of Nashville showcase the practical risks of President Donald Trump’s trade policies and the political threat to red-state Republican Senate candidates such as Tennessee’s Marsha […]
Read morePeople don’t talk about trade tariffs in this stretch of the Mississippi River basin, where grains and metals have paid the bills for generations. They skirt the subject at church fundraisers and sidestep it at Jerry’s Café and Quick Stop, where farmers and aluminum workers gossip about everything else. Here, the winners and losers in […]
Read moreForequarter restaurant in Madison, Wisconsin, has managed to pull off a rare feat. Not only has it has stayed in business for six years, it is also still routinely referred to as trendy. On a recent visit, people were already showing up for dinner by 5:00 p.m. on a weeknight. Business is good, said owner […]
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