Emerging markets set to brush off Fed tightening concerns

Harting says governance remains a key concern in emerging markets, but says he thinks the 30 percent discount on emerging market stocks is excessive given the strong earnings growth in emerging markets. As an example, he highlighted earnings growth in China and said...

Higher ticket fares coming your way due to major US airport expansions

Massive expansions underway at top domestic airports will result in increased costs to U.S. carriers and ultimately hit the wallet of consumers, according to a new report.”Most airports will raise airline rates and charges significantly by 2021,”...

Sears to cut 400 jobs; head of online to step down this week

Sears is slashing 400 full-time jobs at its corporate offices, in Hoffman, Illinois, and from its support functions, the retailer announced Tuesday. Stephan Zoll, president of Sears’ online operations, is also stepping down from the company, effective June 15,...

Tech sector may be under pressure, but there remains a ‘ton of opportunity’, says Hootsuite CEO

“There is a lot of value being created by the companies that are disrupting a lot of incumbents,” Holmes told CNBC’s Squawk Box on Tuesday. “So if you look at what Uber is doing, it’s consolidating the transportation industry and others,...

British inflation jumps again in May, tightening squeeze on consumers

That was its biggest annual increase since June 2013, the Office for National Statistics said, and was above the median forecast of 2.7 percent in a Reuters poll of economists. It is also faster than the growth in pay for most people who have suffered a squeeze on...

US reportedly investigating 1MDB ties to acquisition of US energy company

U.S. authorities are probing whether the $2.2 billion purchase of U.S. energy company Coastal Energy was partly financed with funds allegedly funneled from Malaysian wealth fund 1Malaysia Development Bhd., or 1MDB, the Wall Street Journal reported on Monday. The buyer...