Chinese EV startups are spending more on research than Tesla is
From CNBC.: 2024-07-24 23:20:30 Nio’s new factory in Hefei employs 2,000 people and 756 robots, revealing the company’s high investment
Category: Finance
Job seekers are sour on the cooling labor market
From CNBC: 2024-07-24 14:19:02 Worker confidence in the job market has hit a low in Q2 2024, with many feeling
Why you may get a smaller pay raise in 2025
From CNBC: 2024-07-24 09:00:01 Many workers will see smaller annual raises next year as the job market cools from its
Global chip equipment makers double China revenue share since U.S. controls
From CNBC: 2024-07-23 22:40:29 Chinese semiconductor manufacturers have dramatically increased their purchasing of equipment from four of the world’s largest
GOOGL, TSLA, V and more
From CNBC: 2024-07-23 17:29:33 Tesla’s shares dropped 4.7% after second-quarter earnings missed estimates, with earnings per share at 52 cents,
A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
From CNBC: 2024-07-23 09:42:58 Real estate transactions are increasingly becoming a prime target for cybercriminals due to the large transaction
Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally
From CNBC: 2024-07-22 09:43:07 Warren Buffett meets with Berkshire Hathaway shareholders ahead of the annual meeting in Omaha, Nebraska on
What recent small cap rally says about risk
From CNBC: 2024-07-20 11:00:01 Dave Nadig, ETF journalist, observes a diversification trade fueling flow into small caps. Investors aren’t just
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
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%,