Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit
The Freetrade logo on a smartphone screen.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesBritish stock trading app Freetrade…
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‘Buffett really was not a great stock picker’: Financial researcher Larry Swedroe on how investors can emulate the billionaire investor
Larry Swedroe, who is considered one of the market’s most esteemed researchers, thinks Warren Buffett’s investment style doesn’t work well…
90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
Maskot | Maskot | Getty ImagesThe bulk of Americans buying qualifying new electric vehicles are opting to receive an associated…
Wells Fargo earnings top estimates even as lower interest income cuts into profits
Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest…
Citigroup tops estimates for first-quarter revenue, helped by trading results
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick…
Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley
Investors looking to weather a volatile market may want to opt for physical gold over gold stocks.That’s according to George…
‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Sergio Ermotti, CEO of Swiss banking giant UBS, during the group’s annual shareholders meeting in Zurich on May 2, 2013. Fabrice…
China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China.Vcg | Visual China…
China needs a narrative that house prices are going to rise, Nomura’s Koo says
Pictured here is a real estate project under construction in Huai ‘an city, Jiangsu province, China, on April 8, 2024. Future…
Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing’s need…
Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4,…
New ETF looks to profit from municipal bonds
A new ETF is trying to capture profits in the municipal funds space.BondBloxx’s Joanna Gallegos is behind the IR+M Tax-Aware…
Fed Governor Bowman says additional rate hike could be needed if inflation stays high
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on…
Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says
Former U.S. President Donald Trump speaks after attending a wake for New York City Police Department (NYPD) officer Jonathan Diller,…
China’s Nio to expand battery swap services to gain an edge on EV infrastructure
Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023.Bloomberg | Bloomberg |…
‘Biggest mistake’ bond investors may make ahead of Fed rate cuts
Investors may want to stick with fixed income investments — possibly even adding to them — despite the Federal Reserve’s…
Here’s who Treasury Secretary Janet Yellen is going to meet in China
U.S. Treasury Secretary Janet Yellen, center, waits with others to receive Chinese President Xi Jinping at the San Francisco International…
Half of adults globally are stressed about their finances, and inflation is a key reason
Roughly half of adults are stressed about personal finance, a new survey spanning various advanced economies found.D3sign | Moment |…
Fed officials still expects rate cuts this year, but not anytime soon
Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the…
Xiaomi shares pop 15% after the Chinese smartphone maker launches its first EV
A Xiaomi SU7 electric sedan is seen displayed at a regional HQ of Xiaomi in Nanjing in east China’s Jiangsu…
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