Stock Markets: Skim off the froth

Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Oh, snapsMajor US indexes fell across the board Friday and snapped their multiweek winning streaks. Stock markets in Europe traded lower too. The pan-European Stoxx […]

US financial news summary | 22 May 2023

Hello and welcome to AS USA’s live blog covering economic and financial news. Happy Monday! Negotiations between President Biden and congressional Republicans will continue at the White House today. Only eight days are left before the US Treasury could hit the debt limit and be left without enough money to pay its bills, so both parties are under pressure to reach an agreement. Both sides have confirmed that the proposal will need bipartisan support, which could pose a challenge for Speaker of the House Kevin McCarthy due to the slim majority he holds. We will also bring you the latest […]

The 7 Best Business Travel Insurances in the UK & US

Buying business travel insurance is a tricky concept. You know you probably need it – if something goes wrong on a work trip, you definitely don’t want to get caught out of pocket. But you’re also most likely not going to make a claim, and therefore paying a significant amount can feel like a waste of money. We can’t make the prices cheaper, but we can help by sharing some of the best options available on the market. At least if you’re going to fork out for insurance, you’ll know that you’ve got the coverage you need. What to look […]