Articles written by: Lynn Wilkins

US economic growth is likely to slow sharply this year and next, according to CNBC‘s Fed Survey

US economic growth is likely to slow sharply this year and next, according to CNBC‘s Fed Survey

U.S. economic growth is likely to slow sharply this year and next, according to respondents to the CNBC Fed Survey for March, and weaker global growth and tariffs are seen as the major culprits. The average forecast for gross domestic product growth this year is just 2.3 percent, down from […]

Google announces Stadia streaming game platform in effort to upend the $140 billion game market

Google announces Stadia streaming game platform in effort to upend the $140 billion game market

on Tuesday announced its plans to upend the $140 billion gaming industry dominated by and with a new streaming service called Stadia that allows people to play high-end games without purchasing expensive consoles or computers. Google said this is a “game platform for everyone.” All of the legwork to render […]

Prosecutors offer deal to drop prostitution solicitation case against Robert Kraft

Prosecutors offer deal to drop prostitution solicitation case against Robert Kraft

Autos stocks lead gains as European markets close higher

European stocks were higher Tuesday morning, as investors monitored heightened uncertainty and awaited the ‘s latest monetary policy meeting. The pan-European closed up provisionally 0.62 percent higher during afternoon deals, with most sectors and major bourses in positive territory.

Historian who confronted Davos elite says higher taxes for super-rich is ‘just common sense‘

Historian who confronted Davos elite says higher taxes for super-rich is ‘just common sense‘

Rutger Bregman, a Dutch historian who caught the world‘s attention after criticizing the super-rich at the summit earlier this year, told CNBC Tuesday that higher tax rates in the U.S. are “necessary to tame this beast we call capitalism.” His comments come at time when President and his Republican allies […]

Theresa May is to ask the EU for an extension but Europe says it‘s now ‘exhausted‘ by Brexit

Theresa May is to ask the EU for an extension but Europe says it‘s now ‘exhausted‘ by Brexit

Europe is expressing a growing frustration with U.K. lawmakers‘ indecision on Brexit. European ministers said Tuesday in Brussels that it was time to be clear about the process that is set to take the U.K. out of the European Union. After two years of talks and with only 10 days […]

Fiat Chrysler gains after Peugeot president points to merger potential

Fiat Chrysler gains after Peugeot president points to merger potential

Fiat Chrysler shares jumped on Tuesday to the top of Europe‘s after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options. “With them, as with others, the planets could be aligned,” Robert […]

‘It is impossible‘ for US-Russia relations to improve while sanctions are in place, Deripaska says

‘It is impossible‘ for US-Russia relations to improve while sanctions are in place, Deripaska says

Russian tycoon Oleg Deripaska, a close confidant of Russian President , said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship. Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The […]

European markets close higher; Deutsche Bank and Commerzbank shares jump amid merger talks

European stocks closed slightly higher on Monday, amid mounting speculation the U.S. could sound decidedly dovish at its policy meeting later this week.

Deutsche Bank, Commerzbank shares surge as merger talks begin

Deutsche Bank, Commerzbank shares surge as merger talks begin

Shares of Deutsche Bank and Commerzbank surged on Monday after the German lenders confirmed they were in talks about a potential merger. rose to the top of the pan-European STOXX 600, with shares gaining almost 7 percent, while shares were up nearly 4 percent. Over a 12-month period, shares of […]