European Central Bank cuts interest rates again and lowers growth forecasts
This was CNBC's live blog covering the European Central Bank's September monetary policy meeting.
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Harris raises $47 million in 24 hours after Trump debate
Vice President Kamala Harris raised $47 million in the first 24 hours following her Tuesday night debate against former President Donald Trump, a Harris campaign spokesman told CNBC.
Trump ally Laura Loomer in racism row after ‘curry’ jab at Kamala Harris’ Indian heritage
Feuding MAGA conspiracy theorists Laura Loomer and US congresswoman Marjorie Taylor Greene accused each other of racism in a social media war of words that began on Wednesday, which Loomer spent with Donald Trump.
JD Vance repeats inflated immigration figures rejected by experts
Republican vice presidential nominee JD Vance made a dubious immigration claim Thursday as he blamed Vice President Kamala Harris for failing to prevent more undocumented immigrants and asylum seekers from entering the United States.
Microsoft hires former GE CFO Carolina Dybeck Happe as new operating chief
Microsoft told employees on Thursday that it has hired Carolina Dybeck Happe as its executive vice president and chief operations officer, reporting to CEO Satya Nadella. Dybeck Happe comes from GE, where she was senior vice president and chief financial officer from 2020 until September 2023.
Sri Lanka’s opposition leader says the rich will pay more if he becomes president next week
COLOMBO, Sri Lanka (AP) — Sri Lanka’s opposition leader contesting the presidential election next week said Thursday that if he comes to power he will renegotiate with the International Monetary Fund the 2022 economic reforms package to ensure that the rich pay more taxes and the poor see their conditions improve. The reforms were introduced after Sri Lanka defaulted on its foreign debt creating the worst economic crisis in its history.
Construction of Afghan section of Turkmenistan-to-India pipeline starts
ASHGABAT, Turkmenistan (AP) — Top officials of Afghanistan and Turkmenistan on Wednesday witnessed the start of construction of the Afghanistan section of the pipeline that will supply Afghanistan, Pakistan and India with natural gas from Turkmenistan’s vast reserves.
US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
HONG KONG (AP) — American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy, according to a report published Thursday by a U.S. business group.