Citi fined £61.6 million by British regulators for control failings in trading systems
From CNBC: 2024-05-22 03:27:25 British regulators fined U.S. investment bank Citi £61.6 million ($79 million) for system and control failings
Category: Finance
Xpeng shares surge after profit margin improvement and delivery forecast increase
From NBCUniversal: 2024-05-21 23:03:45 At the Beijing auto show, Xpeng displayed its X9 electric MPV. The company’s Hong Kong-listed shares
Consumers can buy renewable energy from electric utilities through green power programs
From CNBC: 2024-05-21 09:36:16 Amid rising carbon emissions, consumers look for renewable energy sources like wind and solar power. Only
Fed Governor Waller is cautious about interest rates, awaiting more positive inflation data
From CNBC: 2024-05-21 09:26:47 Federal Reserve Governor Christopher Waller stated that he doesn’t anticipate further interest rate hikes due to
China announces measures to support struggling real estate sector, but market still searching for bottom.
From CNBC: 2024-05-20 23:14:48 China has announced measures to support the struggling real estate sector, including lowering down payment minimums
JPMorgan CEO Jamie Dimon believes stock price is too high, shares drop 4.5%.
From CNBC: 2024-05-20 16:44:19 Jamie Dimon, CEO of JPMorgan Chase, holds firm on not buying back stock at these pricey
JPMorgan CEO Jamie Dimon hints at retiring in 5 years, successor plan unclear
From CNBC: 2024-05-20 14:31:28 Jamie Dimon, CEO of JPMorgan Chase, hints at retirement within five years at the UK Global
Airline fares are down in 2024, but some destinations like Asia and South America are still expensive.
From CNBC: 2024-05-20 08:27:35 Airline fares have fallen for American travelers this summer, but prices remain high for certain regions
Concerns about crypto regulation may delay approval of ether ETFs, but industry experts seek improvement.
From CNBC: 2024-05-18 11:00:01 The U.S. SEC is set to decide on approving ether ETFs next week, but concerns about
HSBC shares fell 3% in Hong Kong as top shareholder Ping An considers selling shares
From CNBC: 2024-05-17 00:59:24 HSBC Holdings saw shares drop 3% in Hong Kong after news that shareholder Ping An Insurance
China's retail sales up 2.3%, industrial production rose 6.7%, investment data mixed
From CNBC: 2024-05-16 22:41:04 China reported slower growth in retail sales, up 2.3% in April, industrial production rose 6.7%. Fixed
Walmart profits from affluent shoppers at risk of decline due to lack of premium experiences
From CNBC: 2024-05-16 20:19:29 Affluent shoppers boosting Walmart’s profits may create a risky situation. Former CEO Bill Simon warns high-income
Walmart beats earnings expectations, revenue exceeds, stock rose 4.7%
From CNBC: 2024-05-16 08:12:51 Walmart reported adjusted first-quarter earnings of 60 cents per share, beating analyst expectations. Revenue was $161.5
Warren Buffett's Berkshire Hathaway bought nearly 26 million shares of Chubb, causing shares to surge 7%
From CNBC: 2024-05-15 16:25:45 Warren Buffett disclosed his latest stock pick, Chubb, during the Berkshire Hathaway Annual Shareholders Meeting. Berkshire
Nio launches lower-cost Onvo brand with L60 SUV undercutting Tesla Model Y
From CNBC: 2024-05-15 12:04:44 Chinese electric car company Nio launched its lower-cost brand Onvo, unveiling the L60 SUV which starts
GameStop and AMC gain in premarket, meme stock rally slows; mixed performance elsewhere
From CNBC: 2024-05-15 06:48:41 GameStop and AMC saw gains in premarket trading as the meme stock frenzy continued. GameStop rose
China's economy showing signs of slowdown with potential need for monetary policy easing
From CNBC: 2024-05-14 20:16:48 China’s economy facing sluggish growth, with indicators pointing to potential need for monetary policy easing. First
Inflation higher than anticipated, Powell expects rates to remain unchanged
From CNBC: 2024-05-14 11:14:18 Federal Reserve Chair Jerome Powell stated that inflation is falling more slowly than anticipated, requiring the
Fed Chair Powell speaks, anticipates rate cuts due to inflation concerns
From CNBC: 2024-05-14 09:57:06 Federal Reserve Chair Jerome Powell delivers first public address since July. Markets anticipate rate cuts this
AMC raises $250 million in stock sale during meme rally, shares up 110% premarket
From CNBC: 2024-05-14 08:00:26 AMC Entertainment raised $250 million in new equity capital during the meme stock frenzy led by
Klarna's employees are heavily utilizing generative AI tools for various tasks, boosting efficiency
From CNBC: 2024-05-14 06:00:01 Nearly 9 out of 10 employees at Klarna are now using generative artificial intelligence tools daily,
CEO Adam Dodds steps down from British trading app Freetrade, COO Nebehaj to succeed.
From CNBC: 2024-05-13 11:15:25 Adam Dodd, co-founder of wealth technology app Freetrade, steps down as CEO. Nebehaj, Freetrade’s COO, to
GME stock surges 37% as "Roaring Kitty" reappears online
From CNBC: 2024-05-13 07:43:44 GameStop shares surge 37% as “Roaring Kitty” reemerges online after three years. Keith Gill, former marketer
Home buyers in Tianjin, China have been waiting 8 years for unfinished apartments, causing frustration
From CNBC: 2024-05-12 19:23:52 Around 1,500 homebuyers in Tianjin, China, have yet to move into apartments they paid for eight