Here’s the deflation breakdown for August 2024 — in one chart
From CNBC: 2024-09-12 12:21:47 Inflation in August reached its lowest level since February 2021, indicating disinflation in the U.S. economy
Category: Finance
Bullish case for Big Tech during historically volatile month
From CNBC: 2024-09-11 19:00:01 September has been a volatile month for Big Tech trades, but the AB US Low Volatility
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
From CNBC: 2024-09-11 08:26:21 Warren Buffett’s Berkshire Hathaway sells off more Bank of America shares, bringing total sales to over
Here’s why September and October are historically weak for stocks
From CNBC: 2024-09-11 06:55:13 Historically, September and October have been weak months for stocks due to a variety of reasons.
China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China
From CNBC: 2024-09-11 04:51:47 At the HICOOL Global Entrepreneur Summit, Kai-Fu Lee discussed the development of Chinese AI models, which
JPMorgan Chase shares drop 7% after bank tempers guidance on interest income and expenses
From CNBC: 2024-09-10 12:45:40 JPMorgan Chase shares dropped 7% after bank president Daniel Pinto warned that expectations for net interest
Federal Reserve unveils new banking regulation in Wall Street victory
From CNBC: 2024-09-10 10:38:59 Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing
It’s not always ‘a sexy thing’ to be a millionaire: Brandon Copeland
From CNBC: 2024-09-10 10:02:29 it and they make money off of your money. So you’re not making any money off
Britain does bad job at commercializing tech globally: Former Arm CEO
From CNBC.: 2024-09-10 06:30:55 Former CEO of Rolls-Royce and Arm, Warren East, criticized the U.K. at a tech event in
Fed jumbo 50 bps rate cut should not raise alarm, analyst says
From CNBC: 2024-09-09 08:31:54 Analysts predict Federal Reserve may make a 50 basis point rate cut next week without alarming
Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch
From CNBC: 2024-09-08 23:29:33 Huawei plans to release a tri-fold smartphone on Sept. 10, following Apple’s iPhone 16 launch. The
China’s CPI climbs 0.6% in August, missing expectations as transport, home goods prices fall
From CNBC: 2024-09-08 21:59:24 Vegetable prices in China have surged due to high temperatures and frequent rainfall this summer. China’s
How ‘life planning’ founder George Kinder thinks you should manage money
From CNBC: 2024-09-08 09:30:01 George Kinder, founder of the Kinder Institute of Life Planning, believes financial planning should lead to
ETFs are set to hit record inflows, but this wild card could change it
From CNBC: 2024-09-07 11:00:01 In 2024, exchange-traded fund inflows hit a record high, reaching historic levels in July. Experts anticipate
3 ways Wall Street banks are leveraging AI to increase profitability
From CNBC: 2024-09-07 10:03:23 Big banks, including Goldman Sachs, Bank of America, and JPMorgan Chase, are ramping up their AI
U.S. job market slows but it’s not yet a ‘three-alarm fire’: economist
From NBCUniversal: 2024-09-06 14:00:07 The U.S. job market is cooling, causing concern among economists regarding key labor-market metrics like unemployment,
China should focus on fighting deflationary pressure
From CNBC: 2024-09-06 02:59:16 Yi Gang, former Governor of the People’s Bank of China, emphasizes the need for China’s policymakers
7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company
From CNBC: 2024-09-06 00:02:27 Canadian convenience store operator Alimentation Couche-Tard Inc. proposed to acquire Seven & i Holdings Co., which
China’s wealthy are looking overseas for business investment
From CNBC: 2024-09-05 21:06:58 C-suite executives in China are turning to business jets, opening new service centers like ExecuJet Haite
JPMorgan top economist says the Fed should cut rates by a half point this month
From CNBC: 2024-09-05 13:14:57 JP Morgan’s Michael Feroli recommends a 50 basis point interest rate cut by the Fed in
How high earners can use a backdoor Roth IRA
From CNBC: 2024-09-05 12:53:33 High earners face phase-out limits for IRA contributions and deductibility. For 2024, annual contributions are capped
Visa to launch pay-by-bank payments, an alternative to credit cards
From CNBC: 2024-09-05 04:38:03 Visa plans to launch a new service for bank transfers next year in Europe, allowing users
Cramer names Microsoft (MSFT) as No. 1 underappreciated megacap to buy
From NBCUniversal: 2024-09-04 15:42:03 Microsoft’s generative artificial intelligence prospects are promising, but the stock offers more to investors beyond the
Robinhood launches stock lending product in the UK
From CNBC: 2024-09-04 03:58:15 Robinhood launches share lending program in the U.K., allowing consumers to earn passive income by lending
Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
From CNBC: 2024-09-03 21:39:34 Asian semiconductor and related stocks are down following Nvidia’s sharp decline in the U.S. Nvidia tumbled