Barclays jumps 8.6% after announcing major strategic overhaul
LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street…
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How to avoid the top scam of 2023: The internet has ‘really supercharged’ it, expert says
Vasily Pindyurin | fStop | Getty ImagesConsumers lost a record $10 billion to fraud in 2023, and imposter scams were…
UK economy slipped into technical recession at the end of 2023
Copies of the Evening Standard outside the Bank of England in the City of London, after figures showed Britain’s economy…
Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
Check out the companies making headlines in midday trading.Uber — Uber’s shares jumped 11%, climbing to a new 52-week high,…
Deflation: Here’s where prices fell in January 2024, in one chart
Customers shop at an RC Willey home furnishings store in Draper, Utah, Aug. 28, 2023.George Frey/Bloomberg via Getty ImagesInflation has…
As London loses another listing, analysts are wary of writing off the UK capital
The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK.Bloomberg | Bloomberg…
As online romance scams rise, banks ask for help to save victims billions
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis…
Here’s the inflation breakdown for January 2024 — in one chart
People shop at a home improvement store in Brooklyn on Jan. 25, 2024.Spencer Platt | Getty Images News | Getty…
Nvidia rally is fueling FOMO in the overall market, Evercore’s Julian Emanuel warns
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market.He finds clients,…
Digital banking giant Revolut is launching phone plans for travelers in the UK
Revolut is launching a travel eSIM plan in the U.K., in a rare move for a financial services firm.RevolutBritish financial…
Oil stocks share a bullish similarity with semis, but ‘no one cares,’ VanEck CEO says
Investors may want to consider putting money to work in a lagging part of the market.According to VanEck CEO Jan…
Policy changes look to reduce 401(k) plan ‘leakage’
Sturti | E+ | Getty ImagesLeaks aren’t just a problem for pipes.Billions of dollars a year drip from the U.S.…
Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28,…
This semi name just hit a fresh all-time high. Why its stock market dominance could last
Nvidia shares hit a fresh all-time high on Wednesday, and its gains may still be in the early innings, according…
Societe Generale posts sharp profit drop as net banking income slides
A logo outside a Societe Generale SA bank branch in Paris, France.Bloomberg | Bloomberg | Getty ImagesSociete Generale on Thursday…
China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok,…
Hainan Airlines is handing out Rokid AR glasses for in-flight entertainment
A passenger tries out a pair of Rokid AR glasses on a Hainan Airlines flight in China.RokidBEIJING — Hainan Airlines…
China’s central bank encourages local businesses to accept foreign payment cards
A coffee shop at Beijing Capital Airport shows customers can use Visa, Mastercard, the digital Chinese yuan and other payment…
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg…
How to reduce — or avoid — airline fees for checked bags
Izusek | E+ | Getty ImagesChecking a bag at the airport has gotten pricier for travelers — and harder to…
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