Top News & Analysis Charlotte

  • NEW YORK, Aug 19- U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies. On Sunday, German Finance Minister Olaf...

  • Chloe Potter turned her passion for coffee into a side hustle

    Here's what it's like to live on $38,000 in Charlotte, North Carolina.

  • Chloe Potter, 26, works as a loan specialist in Charlotte, NC, but she has ambitions to run her own coffee shop. This is an installment of CNBC Make It's Millennial Money series, which profiles people across the U.S. and details how they earn, spend and save their money.

  • NEW YORK, Aug 5- Stock markets around the world fell hard and the Chinese yuan weakened to an 11- year low on Monday as fears of an escalation in the U.S.- China trade war jolted financial markets. China on Monday let the yuan tumble beyond the key 7- per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further...

  • The anticipated moderation in growth will come against the backdrop of rising risks to the economy's outlook, especially from a trade war between the United States and China as well as slowing growth overseas, which are seen encouraging the Federal Reserve to cut interest rates next Wednesday for the first time in a decade. The Commerce Department will...

  • NEW YORK, July 18- U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the U.S. central bank at the end of the month. "He's toeing the party line at the Fed, basically implying that an insurance rate cut is the right thing to do for the economy at this point in...

  • NEW YORK, July 18- U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate cuts from the U.S. central bank. "He's toeing the party line at the Fed, basically implying that an insurance rate cut is the right thing to do for the economy at this point in time," said Chris...

  • Lack of concrete progress in resolving an acrimonious trade war between the United States and China was also seen forcing the U.S. central bank's hand, regardless of a strong employment report from the Labor Department on Friday. White House trade adviser Peter Navarro said on Tuesday talks were heading in the right direction, but it would take time to get the...

  • WASHINGTON, July 1- U.S. manufacturing activity slowed to near a three-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over an escalation in trade tensions between the United States and China. The U.S. central bank last month signaled it could ease monetary policy as early as this month, citing low inflation as...

  • SANTIAGO, June 11- Albemarle Corp, the world's largest lithium producer, said on Tuesday it will not participate in the London Metal Exchange's plan to launch a new contract for the white metal, depriving it of a key source of pricing data. "An exchange contract tends to support a commodity market, and that's not what we believe this is," David Ryan, Albemarle's head of...

  • NEW YORK, June 11- U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China. President Donald Trump said Tuesday he was holding up a trade deal with China and had no interest in moving ahead, unless Beijing agrees to four or five "major...

  • *Wall Street unchanged, after Europe, China end higher. NEW YORK, June 11- Wall Street's indexes ended Tuesday's session virtually unchanged after investors turned their focus to U.S.- China trade tensions as euphoria from Friday's U.S.- Mexico deal faded. But the mood soured later in the day after Trump said had no interest in moving ahead with a U.S.- China...

  • Young women pose in front of the New York City skyline in Brooklyn, New York.

    In New York City, you need to earn six figures.

  • SANTIAGO, June 11- Albemarle Corp, the world's largest lithium producer, said on Tuesday it will not participate in the London Metal Exchange's plan to launch a new contract for the white metal, depriving it of a key source of pricing data. "An exchange contract tends to support a commodity market, and that's not what we believe this is," David Ryan, Albemarle's head of...

  • The Job Openings and Labor Turnover Survey, or JOLTS report from the Labor Department on Monday also showed an uptick in layoffs, though they remained at historically low levels. Trade tensions between the United States and China worsened following a move by President Donald Trump in early May to impose additional tariffs of up to 25% on $200 billion of Chinese...

  • *Trade gap with China rises 29.7%. The report from the Commerce Department on Thursday does not capture a recent escalation in trade tensions between the U.S. and China, as well as with Mexico. Last week, Trump announced he would impose a tariff on all goods from Mexico in a bid to stem the tide of illegal immigration across the U.S.-Mexican border.

  • May 31- "Sell in May and go away" is a popular saying on Wall Street that arises from the S&P 500' s historical underperformance from May through October. Accompanying this year's summer effect are an escalating trade war between the United States and China, U.S.- Iran tensions and Britain's uncertain exit from the European Union. Stock rallied in the first four...

  • May 31- "Sell in May and go away" is a popular saying on Wall Street that arises from the S&P 500' s historical underperformance from May through October. Accompanying this year's summer effect are an escalating trade war between the United States and China, U.S.- Iran tensions and Britain's uncertain exit from the European Union. Stock rallied in the first four...

  • May 31- "Sell in May and go away" is a popular saying on Wall Street based on the S&P 500' s historical underperformance from May through October. Added to the summer effect this year are an escalating trade war between the United States and China, U.S.- Iran tensions and Britain's uncertain exit from the European Union. After surging 17.5% January through April, the...

  • The surge in confidence reported by the Conference Board on Tuesday came despite an escalation in tensions in the 10- month trade war between the United States and China, which sparked a sharp sell-off on Wall Street. The U.S. raised existing tariffs on $200 billion in Chinese goods to 25% from 10% on May 10, prompting Beijing to retaliate with its own levies on...