International travel may still have its challenges. But finding a solid hotel for a business trip isn’t one of them. CNBC Travel and the market data firm Statista today release a ranking of...
Tag: Europe Economy
Fed should hike interest rate rates 150 basis points: Wells Fargo
It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s R...
Liz Truss promises action on soaring energy bills in first speech as UK PM
Liz Truss promised to tackle soaring energy bills in her first speech as U.K. prime minister outside 10 Downing Street. Leon Neal / Staff / Getty Images LONDON — Britain’s new prime minister, Li...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chairman of Morgan Stanley Asia, warns the ...
UK cash withdrawals hit a record high as Brits grapple with inflation
Post Office has attributed the record amount for personal cash withdrawals at its 11,500 branches to more staycations in the U.K. and people using cash to manage their budgets. Gannet77 | Getty Images...
Europe’s travel rules are dropping as fast as its Covid cases
Travel restrictions are quickly disappearing in Europe, with new announcements coming by the week — and, more recently, by the day. Changes to eliminate Covid-related travel rules gained momentum in J...