CNBC Daily Open: Wall Street hits record, ‘Thee rate cuts'
For the first time this year, inflation cooled more than expected, propelling stocks to record highs.
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Walmart will report earnings before the bell. Here's what to expect
As the nation’s largest retailer and private employer, Walmart is often seen as a bellwether for the U.S. economy.
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Xi welcomes Putin to China as both leaders seek to bolster strategic ties
Putin’s visit to China comes at the invitation of Xi and will be the Russian leader’s first foreign trip since he began his fifth term in office last week.
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Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.
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China's Shenzhen metropolis sees fastest growth in millionaires globally
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China.
