Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates
Christopher Waller, a member of the Federal Reserve Board of Governors, during a Fed Listens event in Washington, D.C., on…
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China’s exports and imports grew far less than expected in September
A shipping container and gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Thursday, Oct. 10, 2024.Bloomberg |…
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024.Getty…
Hyper-local vs. hyper-focused: Two China ETFs go on different paths
Two exchange-traded funds are looking for profits in China with two different strategies.While the Rayliant Quantamental China Equity ETF dives…
Chinese finance minister hints at increasing the deficit at highly anticipated briefing
Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left,…
Jamie Dimon says geopolitical risks are surging: ‘Conditions are treacherous and getting worse’
JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing…
Here’s the inflation breakdown for September 2024 — in one chart
David Paul Morris/Bloomberg via Getty ImagesInflation fell in September as lower gasoline prices combined with other waning price pressures in…
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
Life spans are growing but ‘health spans’ are shrinking. What that means for your money
Momo Productions | Digitalvision | Getty ImagesFirst, the good news: Americans are living longer than they used to.Now, the bad…
HSBC exec says there’s a lot of AI ‘success theater’ happening in finance
Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when…
HSBC exec says there’s a lot of AI ‘success theater’ happening in finance
Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when…
China’s Golden Week holiday signals persistent consumer caution
Passengers line up to check in at Chengdu Tianfu International Airport on October 6, 2024 as China’s week-long National Day…
Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.BaiduBEIJING —…
Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them
krisanapong detraphiphat | Moment | Getty ImagesInvestors are at a heightened risk of cryptocurrency scams tied to fake relationships established…
Tensions rise between banks and tech companies over online fraud liability in the UK
Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams…
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook parent company…
Facebook owner Meta forms data-sharing pact with UK banks to counter scams
Jakub Porzycki | Nurphoto | Getty ImagesFacebook parent company Meta on Wednesday said that it’s working with two leading banks…
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