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
Category: Finance
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
Watch Fed Chair Jerome Powell testify live before Senate banking panel
From CNBC: 2024-07-09 09:59:01 Federal Reserve Chair Jerome Powell is set to speak to the Senate Banking Committee on Tuesday
Job scams surged 118% in 2023, aided by AI. Here’s how to stop them
From CNBC: 2024-07-07 09:00:01 Employment scams surged in 2023, with job scam reports increasing 118% from the previous year. Thieves
When will the housing market crash again?
From Yahoo Finance: 2024-07-05 13:00:00 A housing market crash occurs when home values drop due to lack of demand or
Rent a car for a road trip, or drive your own? 5 things to consider
From CNBC: 2024-07-05 11:07:06 A record 70.9 million Americans are expected to travel by car during the July 4th holiday
China hopes for solution with EU on EV tariffs ‘as soon as possible’
From CNBC: 2024-07-04 04:32:43 China is hoping to reach an agreement with the European Union on tariffs for imported Chinese