SocGen trader fired for risky bets claims he was made a ‘scapegoat’
From CNBC: 2024-05-03 08:12:10 A former Societe Generale trader accused the French bank of making him a “scapegoat” for unauthorized
Category: Finance
China’s automakers must adapt quickly or lose out on the EV boom
From CNBC: 2024-05-03 01:27:36 Chinese automaker GAC Group reveals the latest version of its Han electric sedan at the Beijing
Fed rate decision May 2024: Fed holds rate steady
From CNBC: 2024-05-01 14:27:27 The Federal Reserve maintains steady interest rates, battling rising inflation. The central bank holds the benchmark
Why hundreds of U.S. banks may be at risk of failure
From CNBC: 2024-05-01 10:06:31 Hundreds of small and regional banks in the U.S. are under stress, facing the risk of
NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”
From CNBC: 2024-05-01 08:03:22 New York Community Bank reported a $335 million loss in the first quarter due to soured
New Calamos ETF promises ‘100% downside protection.’ How it works
From CNBC: 2024-04-30 19:07:28 A new Calamos S&P 500 Structured Alt Protection ETF (CPSM) offers investors 100% downside protection against
AMZN, SBUX, PINS, AMD and more
From CNBC: 2024-04-30 17:14:08 Amazon’s shares rose 2% after beating Q1 earnings, posting 98 cents/share on $143.31 billion revenue, exceeding
Where the 10-year yield is a ‘clear problem’ for stocks, Goldman says
From CNBC: 2024-04-30 14:30:59 The bond market’s volatility has equity investors on edge as the 10-year Treasury yield hit 4.67%.
Musk visits Beijing as Tesla’s China-made cars pass security rules
From CNBC: 2024-04-28 22:07:45 Elon Musk attended the Viva Technology conference in Paris. Tesla’s China-made cars passed data security requirements,
ARK says it’s a unique time to invest
From CNBC: 2024-04-27 11:00:01 ARK Invest’s chief futurist highlights five key areas for tech investors: robotics, AI, omics sequencing, blockchain,
Miami is ‘ground zero’ for climate risk. People move there, build there anyway
From CNBC: 2024-04-26 09:45:01 Miami Beach’s South Pointe Beach is at risk of being submerged by rising seas due to
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
From CNBC: 2024-04-26 07:04:32 Former President Donald Trump’s operatives aim to grant him substantial power over the Federal Reserve, potentially
Chinese EVs Nio, Xpeng turn to mass market for growth
From CNBC: 2024-04-26 05:59:20 Chinese electric car start-ups Nio and Xpeng plan to release more affordable cars this year, moving
Amazing time to invest in cutting-edge tech including AI
From CNBC: 2024-04-25 19:00:01 ARK Invest’s chief futurist, Brett Winton, sees great opportunities for long-term investment in private tech companies
Dow drops on inflation and growth concerns, Meta slides
From CNBC: 2024-04-25 16:17:00 Stocks plunged on Thursday due to disappointing U.S. economic data showing slowed growth and persistent inflation.
Barclays first quarter earnings, swings back to profit amid overhaul
From CNBC: 2024-04-25 12:00:11 Barclays shares rose nearly 7% after reporting first-quarter net income of £1.55 billion, beating expectations. Pre-tax
Deutsche Bank first-quarter 2024 earnings
From CNBC: 2024-04-25 11:57:46 Shares of Deutsche Bank surged to a more than six-year high after reporting a 10% increase
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
From CNBC: 2024-04-25 02:52:57 U.K. tech startup Synthesia introduces AI-generated avatars with the ability to convey emotions such as happiness,
Nvidia supplier SK Hynix reverses losses in first quarter on AI demand
From CNBC: 2024-04-24 22:40:59 1. SK Hynix, the South Korean memory chipmaker, reported a net profit of 1.92 trillion South
JPMorgan in U.S-Russia sanctions war after overseas court orders $440M seized from bank
From CNBC: 2024-04-24 18:24:46 JPMorgan Chase CEO Jamie Dimon faces Senate scrutiny over Wall Street firms. Russian court orders seizure
Klarna scores payment deal with Uber ahead of anticipated IPO
From CNBC: 2024-04-24 13:18:00 Klarna unveils new design with AI algorithms to help users find items. The company partners with
China may have to brace for a new wave of bond defaults, S&P says
From CNBC: 2024-04-24 04:09:19 Residential buildings near completion in China at the Phoenix Palace project, developed by Country Garden Holdings
China’s Xiaomi is selling so many electric cars it’s closer to breaking even
From CNBC: 2024-04-24 01:08:54 Xiaomi’s new electric vehicle, the SU7, is selling better than expected, receiving over 70,000 orders. The
Do millionaires use credit cards? Yes, and so should you.
From Yahoo Finance: 2024-04-23 19:43:00 Millionaires are more likely to use rewards credit cards, with almost all adults earning over
Walmart-backed fintech One introduces buy now, pay later
From CNBC: 2024-04-23 11:51:01 Walmart’s fintech startup One is now offering buy now, pay later loans for big-ticket items at