New York (CNN Business)Honeywell CEO Darius Adamczyk is cautioning Washington against doing more to boost a red-hot economy that’s already grappling with rising inflation, worker shortages and materials in short supply. “The economy is doing a little bit better than people expect. It’s actually humming along,” Adamczyk told CNN Business. “I do believe we have to be careful about unintended […]

(Reuters) -European stocks rose on Thursday after one of the worst selloffs this year as strong earnings and merger talks in the chip sector helped investors look past inflation worries.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 12, 2021. REUTERS/StaffThe pan-European STOXX 600 index rose 1.3% after suffering a […]

Spot gold price hit an all-time high of $2,063 per troy ounce in August last year but now stands at $1,877, according to Refinitiv data.  "Gold is relatively cheap so when you're trying to think about that positioning, gold is definitely one that still has catch-up potential," TD Securities' Richard Kelly told CNBC.  Gold is still a "relatively cheap" investment […]

WASHINGTON (Reuters) – South Korean President Moon Jae-in has been hoping to use his first summit with U.S. President Joe Biden this week to press a legacy policy of engaging North Korea, but Washington has played down the prospect of any quick impetus on the issue.FILE PHOTO: U.S. President Joe Biden exits Marine One helicopter upon his return from a […]

FILE PHOTO: A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike Segar/File Photo(Reuters) – Microsoft Corp is pulling the plug on its once omnipresent browser, Internet Explorer, next year as it prepares to battle market leader Chrome with its slicker Edge browser. Launched in 1995, Internet Explorer became the dominant […]

The price of dogecoin spiked on Thursday morning after Tesla CEO Elon Musk mentioned the coin on Twitter, adding another chapter to the volatile history of a cryptocurrency that started as a joke. The price of the digital coin was up 11% to about 40 cents shortly before 7 a.m. ET after the Musk tweet. "How much is that Doge […]

LONDON/TOKYO (Reuters) – Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day after a brutal selloff on concerns over tighter regulation in China and unease over the extent of leveraged positions in the cryptocurrency world.A Bitcoin (BTC) logo is displayed on a crypto currency ATM machine in a shop in Weehawken, New Jersey, U.S., May 19, […]

European Commission President Ursula von der Leyen delivers her speech during the Future of Europe conference at the European Parliament in Strasbourg, France, May 9, 2021. Jean-Francois Badias/Pool via REUTERSBERLIN (Reuters) – The European COVID-19 vaccination campaign is gaining speed and catching up with that of the United States, EU Commission chief Ursula von der Leyen said on Thursday. “We […]