European stocks head for positive open but concerns over inflation dominate market sentiment
European stocks are heading for a broadly positive open on Thursday as global markets focus on the inflation outlook.
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China's consumer inflation slows further in December, stoking deflation worries
China’s consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.
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CNBC Daily Open: Markets shrug off inflation warnings
On paper, minutes for the Fed’s December meeting spelled bad news for investors. But investors, it seems, had already priced in inflation warnings.
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Microsoft confirms performance-based job cuts across departments
Microsoft said it’s cutting a small percentage of jobs across departments, based on performance.
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Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
After a contentious negotiation, the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contrac...