Alibaba's AI translation tool outperforms competitors, leading to growth in international sales
From CNBC: 2024-10-15 21:54:25 Chinese e-commerce giant Alibaba invests in its international arm as growth slows in China. Marco MT,
Category: Finance
Citigroup beats expectations in Q3 2024, with growth in investment banking and wealth management
From CNBC: 2024-10-15 08:23:59 Citigroup reported third-quarter results that beat Wall Street expectations, with growth in investment banking and wealth
Dutch government plans to reduce stake in ABN Amro to 30%
From CNBC: 2024-10-15 05:13:09 The Dutch government plans to reduce its stake in ABN Amro to 30% through a trading
Fed Governor Waller hints at less aggressive rate cuts due to concerns about economy
From CNBC: 2024-10-14 15:08:35 Federal Reserve Governor Christopher Waller hinted at less aggressive future interest rate cuts following a big
Warren Buffett increases stake in SiriusXM to 32%, despite struggles
From CNBC: 2024-10-14 13:06:12 Warren Buffett meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha. Berkshire increases
China's exports and imports grew lower than expected in September, with exports up 2.4% and imports up 0.3%.
From CNBC: 2024-10-14 04:44:44 China’s September exports rose by 2.4% in U.S. dollar terms, imports up by 0.3%, both below
China's Ministry of Finance prioritizes tackling local government debt over market stimulus.
From CNBC: 2024-10-14 02:01:12 China’s Ministry of Finance prioritizes addressing local government debt issues over providing expected market stimulus. The
2024 election will impact healthcare policies and public health infrastructure
From CNBC: 2024-10-13 07:00:01 a country. Harris has sponsored bills to lower drug prices, while Trump initiated a grassroots campaign
Chinese finance minister discusses potential increase in deficit and debt policies, analysts project fiscal stimulus needs
From CNBC: 2024-10-11 22:33:58 China’s finance minister, Lan Fo’an, discussed increasing debt and deficit policies at a press briefing. Analysts
Deflation seen in various sectors like furniture, gasoline, with some price cuts, especially in vehicles.
From CNBC: 2024-10-11 13:58:03 Inflation in the U.S. economy has gradually eased, with deflation seen in areas like furniture and
JPM CEO Dimon warns of escalating global conflicts and risks
From CNBC: 2024-10-11 08:55:36 JPMorgan Chase CEO Jamie Dimon warns of growing global risks due to escalating conflicts in Middle
Wells Fargo reported lower earnings and revenue in Q3 2024, but shares rose 3%
From CNBC: 2024-10-11 08:11:12 In the third quarter, Wells Fargo reported lower earnings and revenue compared to last year, with
Berkshire Hathaway reduces Bank of America stake to under 10%
From CNBC: 2024-10-10 18:19:00 Warren Buffett’s Berkshire Hathaway reduced its stake in Bank of America to below 10%, selling over
Inflation fell in September, with CPI up 2.4% from last year, heading towards 2% target
From CNBC: 2024-10-10 10:52:23 In September, inflation fell as gasoline prices and other factors eased, with the Consumer Price Index
7-Eleven's parent company cuts earnings forecast by 44.4%, resisting takeover bid
From CNBC: 2024-10-10 05:17:56 Japanese convenience retailer Seven & i Holdings reduced profit forecast for fiscal year ending February 2025
Ripple launches crypto custody services for banks to expand offerings
From CNBC: 2024-10-10 04:11:30 U.S. blockchain startup Ripple launched new services for banks and fintech firms to store digital assets.
Fed officials decided to cut rates by 50 basis points in September due to strong labor market performance
From CNBC: 2024-10-09 15:06:35 Federal Reserve officials chose to cut interest rates by 50 basis points in September to balance
Americans are living longer but spending more years in poor health, impacting financial stability
From CNBC: 2024-10-09 09:52:50 Americans are living longer, but also spending more years in poor health. The average U.S. life
AI success in finance may be exaggerated; HSBC encourages cautious adoption.
From CNBC: 2024-10-09 04:55:47 Big technology companies are focusing on smaller, more precise AI models for sectors like law, finance,
China's Golden Week holiday saw cautious consumer spending trends with slight recovery
From CNBC: 2024-10-09 01:17:24 Passengers check in at Chengdu Tianfu International Airport as China’s National Day holiday ends, reflecting cautious
Baidu's robotaxi unit plans global expansion soon, with Apollo Go completing 7 million rides.
From CNBC: 2024-10-08 23:14:08 Baidu announced it can sell some robotaxi rides without human staff. The company’s Apollo Go unit
China's state planner plans to boost economy without major stimulus; Chinese stocks surged.
From NBCUniversal: 2024-10-07 23:47:40 China’s National Development and Reform Commission chairman, Zheng Shanjie, outlined plans to support the country’s economy,
Crypto relationship scams are causing catastrophic harm as fraudsters exploit trust for fake investments
From CNBC: 2024-10-07 15:24:54 Federal officials warn investors of cryptocurrency scams tied to fake relationships on social media. Fraudsters pose
Tech companies like Meta facing pressure from UK banks regarding online fraud liability
From CNBC: 2024-10-07 01:05:01 Meta is under fire in the U.K. as banks and payment firms demand compensation for scam
Fed rate cuts are expected to benefit preferred stocks, with Virtus fund manager focusing on them.
From CNBC: 2024-10-05 11:00:01 Financial firm Infrastructure Capital Advisors is focusing on preferred stocks, which are less risky than common