Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024.CNBCBerkshire Hathaway dumped more Bank…
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China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
China’s retail sales grew by 3.7% in the first half of the year from a year ago.CNBC | Evelyn ChengSHANGHAI…
Chinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING –…
Chinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING –…
Job seekers are sour on the cooling labor market
Nitat Termmee | Moment | Getty ImagesWorkers are souring on the state of the job market.Job seeker confidence in Q2…
Here’s why you may get a smaller pay raise next year
Hinterhaus Productions | Stone | Getty ImagesMany workers will see their annual raise shrink next year as the job market…
Major global chip equipment makers’ China revenue share has doubled since U.S. imposed export controls
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024.Nurphoto | Nurphoto | Getty…
‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk
The money flow into small caps may not be a rotation from winning growth trades.Dave Nadig, ETF journalist and financial…
CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers
Rohit Chopra, director of the Consumer Financial Protection Bureau, during a House Financial Services Committee hearing on June 13, 2024.Tierney…
In the face of trade tensions, China says it will focus on its own economy
Real estate building under construction in Qingjiangpu District, Huai ‘an City, Jiangsu province, China, on July 15, 2024.Cfoto | Future…
‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say
Maskot | Maskot | Getty ImagesBuying a new electric vehicle isn’t the only way consumers can access a $7,500 federal…
Watch: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
JD Vance blames U.S. wage losses on China’s efforts to build its middle class
Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology, human rights and China’s…
Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are…
Man who claimed to be inventor of bitcoin referred to UK prosecutors for alleged perjury
Craig Wright, self-declared inventor of Bitcoin, arrives at federal court in West Palm Beach, Florida, U.S., on Friday, June 28,…
Traders see the odds of a Fed rate cut by September at 100%
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve’s Semi-Annual Monetary…
Many Americans think they’re insulated from climate change. Their finances indicate otherwise
A delivery driver takes a break in the shade during high temperatures in Philadelphia on June 21, 2024.Joseph Lamberti/Bloomberg via…
China reports second-quarter GDP growth of 4.7%, missing expectations
Chinese-made cars wait to be loaded onto a ship for export at Yantai Port on July 12, 2024, in Shandong…
China gears up for its Third Plenum meeting. Here’s why real estate isn’t likely the main focus
High-rise buildings are being seen in the West Coast New Area of Qingdao, Shandong province, China, on July 6, 2024.Nurphoto…
China gears up for its Third Plenum meeting. Here’s why real estate isn’t likely the main focus
High-rise buildings are being seen in the West Coast New Area of Qingdao, Shandong province, China, on July 6, 2024.Nurphoto…
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