What CFPB’s rule on paycheck advance programs means for workers
From CNBC: 2024-07-19 08:00:01 The Consumer Financial Protection Bureau is targeting paycheck advance programs, which have surged in popularity among
Category: Finance
Facing trade tensions, China says it will focus on its own economy
From CNBC: 2024-07-19 02:58:18 Top Chinese officials emphasized focusing on internal affairs amid trade tensions. Goals include stable real estate
‘Loophole’ may get you a $7,500 tax credit for leasing an EV
From CNBC: 2024-07-18 10:30:14 Consumers can access a $7,500 federal EV tax credit by leasing a new electric vehicle under
JD Vance blames U.S. wage losses on China building its middle class
From CNBC: 2024-07-18 01:38:21 Relations between Washington and Beijing are strained, with disputes over trade, technology, and territorial claims. U.S.
Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
From CNBC: 2024-07-17 09:35:14 Federal Reserve Governor Christopher Waller hints at upcoming interest rate cuts if inflation and employment remain
HSBC appoints Georges Elhedery as group CEO starting Sept. 2
From CNBC: 2024-07-17 01:24:35 HSBC appoints Georges Elhedery as group CEO, replacing Noel Quinn in September. Elhedery, current CFO, was
Traders see the odds of a Fed rate cut by September at 100%
From CNBC: 2024-07-16 11:58:44 Traders are certain the Federal Reserve will cut interest rates by September, with odds at 93.3%
Gold heads for record high close on view the Fed poised to cut rates
From CNBC: 2024-07-16 10:51:45 Gold prices surged as expectations of a September interest rate cut increased demand for bullion. Spot
How climate change may impact Americans’ wallets
From CNBC: 2024-07-16 09:00:01 Climate change is having a negative impact on household finances in America, affecting everyone from homeowners
Microsoft hiring of AI Inflection staff referred for UK merger probe
From CNBC: 2024-07-16 07:47:33 Mustafa Suleyman, CEO of Inflection AI, spoke at the World Economic Forum in Davos, Switzerland. Microsoft’s
Deutsche Bank criticized by German regulator for financial reporting error
From CNBC: 2024-07-16 05:33:10 Deutsche Bank incorrectly disclosed 2.076 billion euros ($2.26 billion) worth of deferred tax assets in its
Trump assassination attempt: Wall Street CEOs react
From CNBC: 2024-07-15 13:02:49 The attempted assassination of former President Donald Trump at a Pennsylvania rally has led Wall Street’s
China reports second-quarter GDP growth of 4.7%, missing expectations
From CNBC: 2024-07-14 22:22:14 China’s second-quarter GDP rose 4.7%, missing expectations of 5.1%. June retail sales also fell short, up
Here’s the deflation breakdown for June 2024 — in one chart
From CNBC: 2024-07-12 13:05:36 Inflation has significantly decreased since its peak two years ago, with some prices deflating for consumers.
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
From CNBC: 2024-07-12 07:49:54 Jamie Dimon, CEO of JPMorgan Chase, warned about persistent inflationary pressures despite recent signs of easing.
Wells Fargo WFC Q2 2024 earnings
From CNBC: 2024-07-12 07:25:53 Wells Fargo reported a 9% decline in net interest income, even though second-quarter earnings and revenue
China’s imports unexpectedly drop in June, but exports beat forecasts
From CNBC: 2024-07-11 23:20:07 China’s imports fell by 2.3% in June, missing expectations for growth, while exports rose by 8.6%,
China to hold Third Plenum. Why real estate isn’t likely the main focus
From CNBC: 2024-07-11 22:14:18 The Third Plenum of the Chinese Communist Party is scheduled for July 15-18 and is expected
High inflation is largely not Biden’s or Trump’s fault, economists say
From CNBC: 2024-07-11 11:21:47 As President Joe Biden and former President Donald Trump faced off in a CNN Presidential Debate
Banks get closer to releasing deposits of stranded customers
From CNBC: 2024-07-11 10:53:04 Thousands of Americans may finally regain access to their frozen funds in fintech accounts locked for
China’s robotaxi push sparks concerns about job security for drivers
From CNBC: 2024-07-11 01:34:32 More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of
Watch Fed Chair Powell testify live before House financial panel
From CNBC: 2024-07-10 09:17:46 Federal Reserve Chair Jerome Powell will testify before the U.S. House Financial Services Committee after appearing
Why the Fed cutting interest rates may weaken the U.S. dollar
From CNBC: 2024-07-10 09:00:01 The U.S. Federal Reserve may cut interest rates before year’s end, affecting the strength of the
Bill Gross says Tesla is the new meme stock
From CNBC: 2024-07-10 08:17:13 Bill Gross’ Janus Henderson Global Unconstrained Bond Fund saw over $200 million in losses last month,
China’s inflation numbers miss expectations, rising 0.2% in June
From CNBC: 2024-07-09 22:20:07 China’s consumer price inflation rose by 0.2% in June, missing expectations, while producer prices fell in-line