China kicks off the year on strong note as retail, industrial data tops expectations
China on Monday reported economic data for the first two months of the year that beat analysts' expectations.
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China kicks off the year on strong note as retail, industrial data tops expectations
China on Monday reported economic data for the first two months of the year that beat analysts' expectations.
...
Bitcoin may start to lose its reputation as a volatile asset. Here's why
"What's driving the bitcoin market right now is a simple demand-supply imbalance," Bitwise CIO Matt Hougan told CNBC's "ETF...
Bitcoin shows its volatility once again, tumbling back to $67,000 in overnight decline
Bitcoin is still up about more than 50% year to date, and the overnight drop came from near record highs.
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Biden’s 'billionaire tax' takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President...
Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools...
HSBC is 'very positive' about the future of China's economy, CFO says
HSBC is "very positive" about the mid- to long-term outlook for the Chinese economy despite the current headwinds, the British...
'Take the emotion out of investing' during a presidential election year, strategist says. What to do instead
Trying to time the stock market during a presidential election year could cost...
Here's when the Fed is likely to start cutting interest rates, according to investment strategists
The U.S. central bank will likely reduce its benchmark interest rate by 0.75 percentage points to...
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz's Trian Partners
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian...
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Banks delivered record payouts as high interest rates boosted margins, according to a new report from British asset...
Citadel's Ken Griffin says the Fed shouldn't cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut...
Xiaomi is set to launch its electric car on March 28
Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.
More @ CNBC...
China's valuations are 'way too low,' strategist says — here's why
Valuations of Chinese stocks are "way too low," according to Shaun Rein, founder and managing director of the China Market...
Why Amtrak is attempting to revive the Texas Central bullet train
In 2023, Amtrak revived long-held hopes for a Texas bullet train, in an attempt to capitalize on $66 billion in federal funds for...
Bitcoin hits record high above $72,000 as UK opens the door to crypto exchange-traded products
The move from U.K. regulators comes after the U.S. Securities and Exchange Commission approved the...
China's annual parliamentary meeting has ended. Here are the key takeaways
For the first time in decades, China's premier did not host a press conference at the end of the annual parliamentary...
China's housing minister says real estate developers must go bankrupt if necessary
China's struggling property developers won't be getting a major bailout, authorities indicated, warning that...
DOJ opens investigation into Alaska Airlines incident of door panel blowing out midair, WSJ says
The newspaper said investigators have contacted passengers, pilots and flight attendants on the...
President Biden signs $460 billion spending bill to avert a partial government shutdown
On Friday, the Senate had voted 75 to 22 to approve the package after the House passed it earlier this week....
Mega-cap tech stocks dominate many ESG funds. Here’s why
The top holdings of many ESG funds may be surprisingly familiar.
More @ CNBC...
China is making it much easier for foreigners to use mobile pay
Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, up from...
Powell says the Fed is 'not far' from the point of cutting interest rates
Powell on Thursday indicated that interest rate cuts may not be too far off, if inflation signals cooperate.
More @...
Bailing on the stock market during volatility is a ‘loser’s game,' financial advisor says. Here's why
Getting out of the stock market during periods of volatility may feel safer. But the math...
Watch Fed Chair Powell testify live before Senate Banking Committee
Powell is back Thursday on Capitol Hill, offering to the Senate Banking Committee his second day of congressionally mandated...
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank's latest monetary policy...
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