China set to report retail sales and industrial production data for October
From CNBC: 2024-11-14 19:26:21 China’s National Bureau of Statistics set to release retail sales, industrial production, and fixed-asset investment data
Category: Finance
Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
From CNBC: 2024-11-14 15:38:54 Federal Reserve Chairman Jerome Powell stated that the strong U.S. economic growth allows for a cautious
Watch Fed Chair Powell speak live to business leaders in Dallas area
From CNBC: 2024-11-14 15:02:46 Federal Reserve Chair Jerome Powell is set to speak in the Dallas-Fort Worth area on monetary
VCs say tech investing is ‘tough’ amid IPO lull and ‘nuts’ AI hype
From CNBC: 2024-11-14 06:12:47 Venture capital industry faces challenges amid lack of IPOs and M&A activity, leading to liquidity issues
UK car finance industry in crisis, with banks bracing for mega payouts
From CNBC: 2024-11-14 01:42:04 In London, the mist shrouds the towering 22 Bishopsgate in the City. The motor finance industry
Chinese AI startup Shengshu launches image-to-video tool, rivaling Sora
From CNBC: 2024-11-13 19:11:13 Beijing-based Shengshu Technology announced that its AI-powered text-to-video tool Vidu can now generate videos by combining
Banks report ten-fold surge in digital scams, BioCatch says
From CNBC: 2024-11-13 09:01:54 U.S. and Canadian banks see a ten-fold increase in digital scams, with criminals targeting customers to
Hedge funds performed better under Democratic presidents than Republican ones, history shows
From CNBC: 2024-11-12 15:31:26 Hedge funds historically perform better under Democrat presidents, delivering 10.16% average annual returns compared to 11.99%
David Einhorn to speak as the priciest market in decades gets even pricier postelection
From CNBC: 2024-11-12 15:24:21 Hedge fund investor David Einhorn’s cautious approach in the “priciest stock market” led to just a
Alibaba launches AI search for small biz, says purchase intent jumps
From CNBC: 2024-11-12 05:30:16 Alibaba International introduces Accio, an AI search engine for small businesses in Europe and the Americas.
China’s biggest shopping event of the year exceeds low expectations
From CNBC: 2024-11-12 03:27:51 China’s Singles’ Day shopping festival exceeded expectations with robust growth despite weak consumer sentiment. Major e-commerce
Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel
From CNBC: 2024-11-11 08:36:11 President-elect Donald Trump’s pro-business policies are expected to give the stock market a significant boost, according
Trump tariffs could reheat inflation if countries retaliate
From CNBC: 2024-11-10 13:05:33 Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, warned that President-elect Trump’s
China expected to announce highly anticipated fiscal stimulus package
From CNBC: 2024-11-07 21:56:03 China is expected to announce more stimulus after parliament’s meeting, aiming to boost economy amid stock
Traders see good chance Fed cuts again in December, skips in January
From CNBC: 2024-11-07 16:10:20 Federal Reserve Chair Jerome Powell spoke following the Nov. 6-7, 2024, meeting, indicating expectations for a
Fed rate decision November 2024:
From CNBC: 2024-11-07 14:36:05 The Federal Reserve approved a second interest rate cut, lowering the benchmark rate to 4.50%-4.75%. The
Wall Street expects Trump presidency will unlock deal-making
From CNBC: 2024-11-07 11:36:44 Attendees at the Nevada GOP election party cheered as Donald Trump spoke at his Florida election
China urges U.S. cooperation as Trump trade threat looms
From CNBC: 2024-11-07 03:58:36 China emphasizes the need for increased cooperation with the U.S. following President-elect Donald Trump’s victory. The
Payments giant Adyen reports 21% jump in third-quarter sales
From CNBC: 2024-11-07 01:55:01 Adyen’s first-half sales miss led to a $20 billion market cap drop. However, the Dutch payments
Trump win and threat of more tariffs raises expectations for more China stimulus
From CNBC: 2024-11-06 21:45:16 Aly Song | Reuters Donald Trump’s 2024 victory prompts China to plan larger fiscal stimulus measures,
UniCredit and Commerzbank square off with target hikes
From CNBC: 2024-11-06 05:52:31 UniCredit and Commerzbank are showcasing financial strength as merger talks continue. UniCredit reported an 8% increase
UK fintech posts 55% jump in profit
From CNBC: 2024-11-06 03:18:48 British digital payments firm, Wise, saw a 55% increase in profit for the first half of
China’s central bank affirms supportive monetary policy stance
From CNBC: 2024-11-05 20:28:01 Pan Gongsheng, governor of the People’s Bank of China, announced plans to maintain supportive monetary policy
10-year Treasury yield rises with all eyes on the U.S. election
From CNBC: 2024-11-05 19:42:59 Treasury yields rose as investors awaited results from the tight presidential race between Kamala Harris and
Trump Media DJT shares gain on Election Day as traders bet potential GOP candidate win will boost business
From CNBC: 2024-11-05 06:49:27 Former President Donald Trump’s rally in Las Vegas on September 13, 2024, sparked a rise in