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Category: Finance

Joe Biden and Xi Jinping are scheduled to speak and hold military leader calls

From CNBC: 2024-08-28 22:09:57 In a recent meeting, U.S. National Security Advisor Jake Sullivan met with Chinese Foreign Minister Wang

August 28, 2024

401(k) auto-enrollment increases contributions by 0.6% over careers, but early withdrawals reduce effectiveness

From CNBC: 2024-08-28 15:15:34 Employers are increasingly using automatic enrollment for workers’ 401(k) savings, but new research shows factors like

August 28, 2024

Berkshire Hathaway hits $1 trillion market value, outpacing tech companies

From CNBC: 2024-08-28 10:22:04 Warren Buffett’s Berkshire Hathaway hits $1 trillion market cap, surpassing tech companies with a 28% rally

August 28, 2024

U.S. researchers visit Korean tungsten mine to boost global supply, reduce reliance on China.

From CNBC: 2024-08-28 05:18:15 Workers in Germany are expanding a mine to increase tungsten and fluorspar supplies. U.S. researchers recently

August 28, 2024

Xpeng shares surge 6% after launching mass-market car Mona, positive.

From CNBC: 2024-08-27 22:14:26 Chinese EV company Xpeng’s founder, He Xiaopeng, plans to focus on integrating artificial intelligence in the

August 27, 2024

Retailers like Dollar General, Dollar Tree, and Kroger charge cash-back fees, impacting lower earners and rural communities.

From CNBC: 2024-08-27 15:59:09 Three of the nation’s largest retailers, Dollar General, Dollar Tree, and Kroger, charge fees for cash

August 27, 2024

Klarna swings to profit in first half of year, aiming for IPO

From CNBC: 2024-08-27 11:50:55 “Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Klarna swung from a

August 27, 2024

Xpeng launches affordable EV with basic driver-assist features to compete in the market.

From CNBC: 2024-08-27 10:30:22 Chinese electric car company Xpeng unveiled its Mona M03 electric coupe priced at $16,812 for the

August 27, 2024

Volkswagen and Xpeng collaborate on electric cars for China, facing challenges in market shift

From CNBC: 2024-08-27 05:11:40 Volkswagen and Xpeng are collaborating to create electric cars for China. Volkswagen invested $700 million in

August 27, 2024

BHP CEO predicts rebound in China's property sector despite drop in net profit.

From CNBC: 2024-08-26 22:41:23 BHP, a key producer of commodities, saw a 32% drop in net profit to $6.46 billion.

August 26, 2024

The federal government can revoke passports for seriously delinquent tax debt over $62,000

From CNBC: 2024-08-25 10:00:01 The federal government can revoke passports for taxpayers with a seriously delinquent tax debt over $62,000.

August 25, 2024

Investors advised to lock in high guaranteed rates on cash

From CNBC.: 2024-08-23 15:57:36 Federal Reserve Chair Jerome Powell indicated a likely interest rate cut in September, the first in

August 23, 2024

Federal Reserve Chair hints at upcoming interest rate cuts due to improving economic conditions.

From CNBC: 2024-08-23 10:33:33 Federal Reserve Chair Jerome Powell hinted at upcoming interest rate cuts, citing the need for policy

August 23, 2024

Fed Chair Powell hints at interest rate cuts due to economic concerns

From CNBC: 2024-08-23 10:24:00 Federal Reserve Chair Jerome Powell indicates interest rate cuts ahead, as he delivers his keynote speech

August 23, 2024

Remote work is a lasting trend post-pandemic, stabilized at 25-30% per week

From CNBC: 2024-08-23 06:00:01 Remote work, a lasting trend post-pandemic, is now a fixed part of the U.S. labor market.

August 23, 2024

Federal Reserve Chair Powell expected to announce rate cuts in September at Jackson Hole conference.

From CNBC: 2024-08-22 15:08:29 Federal Reserve Chair Jerome Powell expected to announce rate cuts starting in September, continuing into 2025.

August 22, 2024

Mike Lynch, founder of Autonomy, dies at age 59 in superyacht wreckage

From CNBC: 2024-08-22 12:17:58 Mike Lynch, founder of Autonomy, acquitted of fraud charges in June after allegations of inflating company’s

August 22, 2024

Investors turn to ALPS O'Shares U.S. Small-Cap Quality Dividend ETF for quality companies

From CNBC: 2024-08-22 10:42:51 In August, the Russell 2000 has dropped 4% after a 10.1% gain in July. 40% of

August 22, 2024

WeRide, a Chinese self-driving startup, delays U.S. IPO due to incomplete documents.

From CNBC: 2024-08-22 07:39:49 Self-driving technology company WeRide delays U.S. IPO, citing need for more time to complete documents. Was

August 22, 2024

British tech entrepreneur Mike Lynch's body found in yacht wreckage off Sicily, daughter missing.

From CNBC: 2024-08-22 05:49:32 British technology entrepreneur Mike Lynch’s body has been found after the sinking of a yacht off

August 22, 2024

Fed officials hint at future rate cut in July despite concerns about inflation and employment

From CNBC: 2024-08-21 14:11:10 Federal Reserve officials hinted at a September rate cut in July, despite some urge for an

August 21, 2024

The growth of online sports betting is causing financial distress and reducing investments.

From CNBC: 2024-08-21 09:39:28 The explosion of online sports betting is causing financial distress, according to a recent paper. Since

August 21, 2024

China implements antimony export controls, causing concern in global critical minerals industry

From CNBC: 2024-08-21 00:15:29 China has announced export controls on antimony, alarming the global critical minerals industry. Antimony is used

August 21, 2024

Walmart sells stake in JD.com, causing stock to fall 10% in Hong Kong

From CNBC: 2024-08-20 23:22:30 The U.S. Securities and Exchange Commission added over 80 firms, including China’s JD.com, Pinduoduo, Bilibili, and

August 20, 2024

The Federal Reserve's rate decision impacts mortgage rates, with recent cuts lowering rates

From Yahoo Finance: 2024-08-20 16:31:00 The Federal Reserve, or “the Fed,” sets interest rates that impact how much Americans earn

August 20, 2024

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