Welcome to EsstN, your go-to destination for the latest in fun, weird, and fascinating stories

  In a Thursday interview with CNBC’s Jim Cramer, FedEx CEO Raj Subramaniam said his company can do well even if there is a supply chain shakeup. “As the supply chain patterns change, we are here, there and everywhere,” he said. “That’s the advantage people sometimes miss, the fact that we have a scaled network…

  WASHINGTON — A House Republican bill to fund the government for three months and suspend the debt ceiling for two years failed Thursday night, as dozens of rank-and-file Republicans voted against the deal endorsed by President-elect Donald Trump. Without a deal to fund the federal government and legislation that has passed the House and…

  BEIJING, CHINA – DECEMBER 02: The People’s Bank of China (PBOC) building isn seen on December 2, 2024 in Beijing, China. Visual China Group | Getty Images China kept its main benchmark lending rates unchanged on Friday, as Beijing faces the challenge of bolstering economic growth while backstopping a weakening yuan. The People’s Bank…

  Bags of rice sit stacked high in a supermarket in central Tokyo on November 22, 2024. Richard A. Brooks | Afp | Getty Images An inflation gauge in Japan that is closely watched by the Bank of Japan (BOJ) came in at a seven-month high in November, which could prompt the central bank to…

  Aytac Unal/ | Anadolu | Getty Images President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening. Trump did not receive any money for the gift of his 114,750,000 shares of Trump Media stock…

  Investors should look to the unloved region of Europe for opportunities, according to fund manager Sean Peche, who said there are some “very attractively priced” companies in the region. Europe has fallen out of favor, Ranmore Fund Management’s Peche told CNBC’s Silvia Amaro — and investors have been distracted by Donald Trump’s U.S. election win.…

  A television station on the floor of the New York Stock Exchange broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee meeting on Dec. 18, 2024. Michael Nagel | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily…

  U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., Dec. 18, 2024. Kevin Lamarque | Reuters The U.S. Federal Reserve roiled markets…

  U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024.   U.S. President-elect Donald Trump on Friday said he told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs. “I told the European Union that they must…