What the SEC vote on climate disclosures means for investors
Securities and Exchange Commission Chairman Gary Gensler testifies before Congress on July 19, 2023.Win Mcnamee | Getty Images News |…
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Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Jerome Powell, chair of the Federal Reserve, during a House Financial Services Committee hearing in Washington, D.C., on June 21,…
‘Last chance saloon’: UK finance minister expected to pledge pre-election tax cuts
British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year.Hannah Mckay |…
‘One of the most important innovations in investing’: TMX CEO jumps deeper into ETFs
The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company…
Shares of NYCB falls 25% after bank discloses ‘internal controls’ issue, CEO change
Shares of New York Community Bancorp fell more than 25% on Friday after the regional lender announced a leadership change…
‘Ghosting’ gets more common in the job market: It’s not a ‘passing fad,’ report says
Fotostorm | E+ | Getty Images“Ghosting” isn’t just a dating phenomenon: It has grown more common at the workplace, too.…
Geely-backed car tech company takes aim at Nvidia’s growing auto business
Chinese automaker Geely unveils first model of its new Lynk & Co brand in Berlin. Ullstein Bild Dtl. | Ullstein Bild…
In wake of AT&T outage, consumer advocates say you should always ask for money back if there’s a blackout
A cellular tower is seen on Feb. 22, 2024 in Redondo Beach, California. The outage affected tens of thousands of…
China doubles down on national security, expanding its state secrets law
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the…
Baylor University outperformed the Ivy League in university endowment performance rankings. Here’s how
Watch out, Ivies, there’s a new endowment performer in town.Baylor University’s $2 billion endowment — a fraction of those in…
JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’
The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don’t count JPMorgan…
Major airlines raised fees for checked bags. Here are 7 ways to cut costs
Brandon Bell | Getty Images News | Getty ImagesA handful of airlines — Alaska Airlines, American Airlines, JetBlue Airways and…
Xiaomi bets big on its new electric vehicle — targets 20 million premium users
BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric…
After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder…
This shift in the Treasury market may set investors up for solid gains
Investor sentiment toward intermediate-term Treasury bonds may be changing.Schwab Asset Management’s David Botset is seeing more flows into bonds with…
Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size
Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022.CNBCBerkshire…
Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says
Runstudio | The Image Bank | Getty ImagesCredit card interest rates have ballooned to record highs in recent years —…
Block shares surge as much as 14% after company announces surprise profit
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in…
Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show
WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates…
Here’s why Capital One is buying Discover in the biggest proposed merger of 2024
Capital One CEO and Chairman, Richard Fairbank.Marvin Joseph| The Washington Post | Getty ImagesCapital One’s recently announced $35.3 billion acquisition…
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