Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.Text removed from…
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EU-China trade relations are in a ‘slow-motion train accident,’ business group says
A photovoltaic module company in Hefei, Anhui province, on Feb. 20, 2024.Future Publishing | Future Publishing | Getty ImagesBEIJING —…
An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others
NEW YORK – Jan. 6, 2023: Nate Anderson works at his desk. Anderson exposes corporate fraud and ponzi schemes through…
China kicks off the year on strong note as retail, industrial data tops expectations
High-rise residential and commercial buildings are being constructed near Dongyu Road, Qiantan, in the Pudong New Area of Shanghai, China,…
Bitcoin may start to lose its reputation as a volatile asset. Here’s why
Bitcoin may start to lose its reputation as a volatile asset.According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild…
Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said…
HSBC is ‘very positive’ about the future of China’s economy, CFO says
The Hong Kong observation wheel and the HSBC building in Victoria Harbour in Hong Kong.Ucg | Universal Images Group |…
‘Take the emotion out of investing’ during a presidential election year, strategist says. What to do instead
Video of former President Donald Trump and President Joe Biden is played during a hearing by the Select Committee to…
Here’s when the Fed is likely to start cutting interest rates, according to investment strategists
Federal Reserve Chairman Jerome Powell prepares to testify before the Senate Banking, Housing and Urban Affairs Committee on March, 7…
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David…
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024.Brendan…
Xiaomi is set to launch its electric car on March 28
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price…
China’s valuations are ‘way too low,’ strategist says — here’s why
China has set a GDP target of around 5% for yet another year, amid analyst concerns of insufficient policy support…
China’s annual parliamentary meeting has ended. Here are the key takeaways
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the…
DOJ opens investigation into Alaska Airlines incident of door panel blowing out midair, WSJ says
An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March…
President Biden signs $460 billion spending bill to avert a partial government shutdown
U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress in the House…
China is making it much easier for foreigners to use mobile pay
Scanning QR codes with a mobile pay app has become the most common way to pay in mainland China.Bloomberg |…
Powell says the Fed is ‘not far’ from the point of cutting interest rates
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary…
Watch Fed Chair Powell testify live before Senate Banking Committee
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
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