France aims to become global AI leader with backing from U.S. Big Tech
From CNBC: 2024-05-31 01:12:21 French President Emmanuel Macron spoke at the Viva Technology conference, showcasing France’s AI advancements. The country
Category: Finance
Consumers, businesses have turned cautious
From CNBC: 2024-05-30 14:58:29 Bank of America CEO Brian Moynihan reports a slowdown in consumer and business spending due to
Fed’s Williams says inflation is too high but will start coming down soon
From NBC News: 2024-05-30 13:17:47 New York Federal Reserve President John Williams expressed confidence that inflation will start to slow
Hiring stays strong for low earners, Vanguard finds
From CNBC: 2024-05-30 13:01:19 New data from Vanguard shows strong hiring for lower-earning Americans, holding steady above pre-pandemic levels. High-income
37% of Americans paid a late fee in the last 12 months, report finds
From CNBC: 2024-05-30 12:22:11 Many consumers are struggling with bills, as 37% of Americans have faced late fees in the
UBS backs $37 million round for climate fintech startup Doconomy
From CNBC: 2024-05-30 06:28:21 Doconomy, a Swedish climate-focused financial technology startup, raised 34 million euros from leading European banks like
Trustly posts 51% profit jump; CEO says IPO at least 2 years out
From CNBC: 2024-05-30 03:59:51 Trustly CEO Johan Tjarnberg says IPO is 1-2 years away despite 51% jump in operating profit.
UBS overhauls wealth management leadership in wider board shake-up
From NBC Universal: 2024-05-30 03:37:39 UBS is undergoing an executive board shake-up following the takeover of Credit Suisse. A new
CRM, PATH, CPRI and more
From CNBC: 2024-05-29 17:19:53 Salesforce shares dropped over 14% after missing revenue estimates for the first quarter, despite beating adjusted
This retirement planning gap is ‘hidden in plain sight’
From CNBC: 2024-05-29 13:45:40 Retirement planning often focuses on finances, but good relationships are key to a long, healthy life.
Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’
From CNBC: 2024-05-29 13:03:54 Famed short seller Jim Chanos denies embezzlement allegations as “false, baseless, and defamatory.” Conlon Holdings files
Nissan issues ‘do not drive’ alert for 84,000 older models
From CNBC: 2024-05-29 12:02:34 Nissan has issued a warning to owners of older vehicles with unrepaired Takata airbags to stop
Clean Energy Ventures raises $305 million to back early-stage climate startups
From CNBC: 2024-05-29 07:01:46 Clean Energy Ventures raised $305 million for its second fund, focusing on industrial decarbonization, plastics, and
IMF raises China’s growth forecast on strong Q1 and policy measures
From CNBC: 2024-05-28 22:01:47 The International Monetary Fund raised China’s growth forecast for 2024 to 5% from 4.6% due to
Chinese tourists pick cheaper destinations, fueling local spending
From CNBC: 2024-05-28 19:18:45 Chinese travelers are opting for domestic destinations over foreign spots, with only 14% of high-income households
Wall Street stock trade settlement moves to just 1-day
From CNBC: 2024-05-28 09:32:09 The New York Stock Exchange prepares for accelerated trading settlement starting Tuesday. This “T+1 settlement” requires
Weight loss drug ETF bets big on Eli Lilly, Novo Nordisk
From CNBC: 2024-05-27 12:01:01 A new exchange-traded fund, OZEM, focuses on GLP-1 weight loss drugs, with Eli Lilly and Novo
Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador
From CNBC: 2024-05-27 03:01:06 Alibaba’s AliExpress partners with David Beckham for a global brand ambassadorship, coinciding with the platform’s sponsorship
Here’s when paying with cash can be better than credit card
From CNBC: 2024-05-26 09:00:01 Merchants are increasingly offering discounts to customers who pay with cash rather than credit cards, saving
Why you may be saving more in your 401(k) — and not even know it
From CNBC: 2024-05-24 12:21:20 Many Americans are unknowingly saving more for retirement, thanks to increasing use of automated enrollment and
Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
From CNBC: 2024-05-24 09:53:00 The private credit industry is facing concerns about its ability to handle a downturn, with questions
Norfolk Southern agrees to $310 million settlement over derailment
From CNBC: 2024-05-23 15:40:11 Officials are inspecting the area after a train derailment in East Palestine, Ohio on February 17,
Nvidia stock pops 10% to record high
From CNBC: 2024-05-23 12:06:54 Nvidia shares surged over 10% following strong earnings, with data center revenue soaring 427% to $26.04
China’s ‘Magnificent Seven’ gets new ETF
From CNBC: 2024-05-22 19:00:01 Roundhill Investments is launching the Lucky Eight ETF in China, following the success of MAGS. CEO
These are the 3 big risks to the stock market, economist says
From CNBC: 2024-05-22 16:16:03 The U.S. stock market faces risks like Federal Reserve policy, potential recession, and lower-than-expected company earnings,