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 |…
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‘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…
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year.Canaccord Genuity’s Tony Dwyer…
Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000.“Get off zero,” the Morgan…
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024.Sopa Images | Lightrocket |…
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price…
UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
Newly appointed UBS CEO Sergio Ermotti (R) speaks with UBS Chairman Colm Kelleher during a press conference in Zurich on…
China’s economy is on track for ‘strong’ March performance, survey says
Employees work on a battery production line at Jiangsu Yongda Power Supply Co. on March 26, 2024 in Suqian, Jiangsu…
Crypto is ‘like cayenne pepper’ for investors, money manager says: ‘A little goes a long way’
Tara Moore | Stone | Getty ImagesKatherine Dowling has an analogy that may be useful for investors thinking of buying…
Binance executive escapes Nigerian custody as authorities file new tax charges
The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the…
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market,…
Two fresh ways to play the weight loss and megacap tech hype
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks.In health…
‘Gray divorce’ has doubled since the ’90s — and the financial risk is high for women
Laylabird | E+ | Getty ImagesBreaking up in old age can be costly, especially for women.The rate of “gray divorce”…
Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia
Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup…
How to spot and overcome ‘ghost’ jobs
Fangxianuo | E+ | Getty ImagesThere can be ample roadblocks during a job hunt, including so-called “ghost” jobs.These can be…
TikTok aside, Congress has its eye on the U.S. money going into China
A jogger runs by the U.S. Capitol as the deadline to avert a partial government shutdown approaches at the end…
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