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Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact…
Stocks making the biggest moves after hours: Cava, Uber, Ross Stores, Workday and more
Customers take out food from a Cava restaurant in Chicago, Illinois, on May 28, 2024.Scott Olson | Getty ImagesCheck out…
China’s self-driving startup WeRide delays U.S. IPO as deadline looms
In this photo illustration, a WeRide logo of Chinese robotaxi firm is seen on a smartphone and a pc screen.Getty…
Fed minutes point to ‘likely’ rate cut coming in September
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a…
How EVs and gasoline cars compare on total cost — where you live can make a huge difference
David Paul Morris/Bloomberg via Getty ImagesElectric vehicles may save consumers money over the long term relative to traditional gasoline-powered cars.While…
U.S., China sign agreement to cooperate on financial stability
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok,…
What to know before investing in buffer ETFs
Investors may want to consider buffer ETFs to hedge the recent market volatility.Bruce Bond, CEO of Innovator ETFs, sees an…
China’s central bank says risks from local government debt have dropped
Pan Gongsheng, governor of the People’s Bank of China (PBOC), during the Lujiazui Forum in Shanghai, China, on Wednesday, June…
Here’s the deflation breakdown for July 2024 — in one chart
Fotostorm | E+ | Getty ImagesInflation cooled below 3% in July 2024, the first time it dropped beneath that level…
Warren Buffett did something curious with his Apple stock holding
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCA coincidence or master…
Klarna takes on banks with a personal account and cashback rewards ahead of IPO
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K.Nikolas…
China’s bond market intervention reveals financial stability worries
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28,…
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti…
Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla
The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May…
Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the…
The unemployment insurance program is unprepared for a recession, experts say
Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida.Joe Raedle | Getty ImagesRenewed…
Container explodes on cargo ship at China’s key Ningbo port
An aerial photo is showing containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024.Nurphoto | Nurphoto…
Italy looks like fertile ground for a mega merger deal in banking
Banking analysts assess the possibility of a banking merger in Italy.Bloomberg | Bloomberg | Getty ImagesMILAN, Italy — European policymakers…
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
Traffic_analyzer | Digitalvision Vectors | Getty ImagesFinancial services companies and their digital technology suppliers are under intense pressure to achieve…
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