What the SEC vote on climate disclosures means for investors
From CNBC: Securities and Exchange Commission Chairman Gary Gensler testified about the need for mandatory climate disclosures from companies starting
Category: Finance
New York Community Bancorp tumbles 40%, is halted
From CNBC: Shares of New York Community Bancorp plummeted over 40% on Wednesday as reports emerged of the bank seeking
How to watch Fed Chair Jerome Powell live on Capitol Hill
From CNBC: Federal Reserve Chairman Jerome Powell testified before the House Financial Services Committee about interest rate cuts likely this
Retirement prospects for women can be bleak. How to prepare
From CNBC: Women 55 to 66 lag behind men in retirement savings, with 50% having none. Even for those who
Powell reinforces position that the Fed is not ready to start cutting interest rates
From CNBC: Federal Reserve Chair Jerome Powell reiterated that interest rates are expected to decrease this year but no specific
China’s PBOC governor says there’s room to cut banks’ RRR
From CNBC: China’s central bank governor plans to cut banks’ reserve requirements to stimulate consumer prices, aiming for 5% GDP
What to watch with Fed Chair Powell heading to Capitol Hill Wednesday
From CNBC: Federal Reserve Chairman Jerome Powell is set to testify before Congress to provide clarity on monetary policy amid
CFPB rule caps credit card late fees at $8
From CNBC: The Consumer Financial Protection Bureau introduced a new rule capping late fees at $8 per incident, potentially saving
UK neobank Monzo hits $5 billion valuation after $430 million raise
From CNBC: British digital bank Monzo raised $430 million in new funding led by CapitalG and HongShan, backed by Tencent
Some NYCB deposits may be at risk after another Moody’s downgrade
From CNBC: New York Community Bank may have to pay more to retain deposits after Moody’s Investors Service cut its
TMX CEO jumps deeper into ETFs
From CNBC: The Toronto Stock Exchange’s parent company, TMX Group, recently acquired ETF education company VettaFi to expand its exchange-traded
NYCB shares fall after bank discloses ‘internal controls’ issue, CEO change
From Give the media company name for www.cnbc.com. Examples: “Reuters”, “CBS MarketWatch, “CNBC, “Wall Street Journal”, “Barchart”. Return only the
Wall Street worries about NYCB’s loan losses and deposit levels
From CNBC: Regional lender New York Community Bank is facing challenges as its shares plunged 25% to below $4 apiece
Paramount Global (PARA) earnings Q4 2023
From CNBC: Paramount Global reported fourth-quarter revenue missing expectations but surprised with a profit and strong performance from Paramount+. Earnings
Ghosting is getting more common in the job market
From CNBC: Ghosting isn’t confined to dating; it’s infiltrating the workplace. Job seekers and employers alike are disappearing during the
Geely-backed ECARX takes aim at Nvidia’s growing auto business
From Give the media company name for www.cnbc.com. Examples: “Reuters”, “CBS MarketWatch, “CNBC, “Wall Street Journal”, “Barchart”. Return only the
Online trading platform Webull is set to go public via a $7.3 billion SPAC deal
From CNBC: Webull, a digital investing platform, plans to go public through a $7.3 billion SPAC merger with SK Growth
In wake of AT&T outage, consumer advocate urge customers to ask for money back
From CNBC: AT&T outage affected tens of thousands of customers nationwide due to an internal error, not a cyberattack. CEO
China doubles down on national security, expanding its state secrets law
From CNBC: China is expanding protections for state secrets to include work secrets, sparking concerns about potential overreach and lack
Baylor outperforms Ivy League in university endowment performance rankings
From CNBC: Baylor University’s $2 billion endowment beat Ivy League schools with a 6.4% return, outperforming Harvard at 2.9%. Chief
Baylor outperforms Ivy League to top endowment performance rankings
From CNBC: Baylor University’s endowment of $2 billion outperformed Ivy League schools with a 6.4% return for the fiscal year
JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’
From CNBC: JPMorgan Chase CEO Jamie Dimon is bullish on AI, calling it “real” and not just hype like the
Jamie Dimon on Capital One Discover deal: ‘Let them compete’
From CNBC: Jamie Dimon, JPMorgan Chase CEO, isn’t worried about competition from Capital One’s $35.3 billion takeover of Discover Financial.
7 ways to cut costs
From CNBC: Several major airlines have raised their checked bag fees this year, with United now charging $40 for a
Xiaomi bets on new EV SU7; targets potential 20 million premium users
From CNBC: Chinese electronics company Xiaomi revealed its electric car, targeting premium consumers. The company, spending $10 billion on development,