Today's Trending Searches

Xiaomi releases electric car $4K cheaper than Tesla's Model 3 as price wars heat up

Thu, 28 Mar 2024 14:47:46 GMT

Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.....
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

Thu, 28 Mar 2024 07:32:33 GMT

UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.....
China's economy is on track for 'strong' March performance, survey says

Wed, 27 Mar 2024 22:00:01 GMT

China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.....
Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'

Wed, 27 Mar 2024 20:26:43 GMT

Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.....
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Thu, 28 Mar 2024 06:55:56 GMT

Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race. ....
The UK is regulating memes about crypto and other investments to curb scams from 'finfluencers'

Wed, 27 Mar 2024 10:39:22 GMT

The Financial Conduct Authority said marketing for financial products — including those expressed in memes — should be fair, clear, and not misleading.....
China's Xi meets U.S. executives as businesses navigate bilateral tensions

Thu, 28 Mar 2024 01:57:42 GMT

U.S. business leaders met with Chinese President Xi Jinping, the latest of Beijing's efforts to bolster foreign investment in China amid tensions with the U.S.....
Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

Tue, 26 Mar 2024 13:56:18 GMT

The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.....
Cocoa prices hit $10,000 per metric ton for the first time ever

Tue, 26 Mar 2024 15:45:52 GMT

Cocoa prices reached a record on Tuesday as high demand and supply constraints fuel prices higher. ....
Binance executive escapes Nigerian custody as authorities file new tax charges

Tue, 26 Mar 2024 00:41:30 GMT

One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the exchange.....
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year

Mon, 25 Mar 2024 01:04:13 GMT

Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time. ....
Two fresh ways to play the weight loss and megacap tech hype

Sat, 23 Mar 2024 15:00:01 GMT

A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks.....
'Gray divorce' has doubled since the '90s — and the financial risk is high for women

Sat, 23 Mar 2024 13:00:01 GMT

Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.....
Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia

Fri, 22 Mar 2024 20:05:39 GMT

Sovereign wealth funds and other investors are jostling to buy into an Anthropic stake. But the company has ruled out taking any Saudi money. ....
How to spot and overcome ‘ghost’ jobs

Fri, 22 Mar 2024 19:07:57 GMT

Many online job ads were posted months ago, giving the illusion of a phantom listing. There are ways to sidestep ghost jobs and position yourself for success.....
Immigration is boosting the U.S. economy and has been 'really underestimated,' says JPMorgan research head

Fri, 22 Mar 2024 12:12:56 GMT

Joyce Chang, chair of global research at JPMorgan, said the recent surge in immigration — and its economic benefits — had been "really underestimated."....
TikTok aside, Congress has its eye on the U.S. money going into China

Wed, 20 Mar 2024 23:16:10 GMT

Greater Congressional scrutiny on U.S. investments into China means any new rules or restrictions may outlast presidential terms and become part of U.S. law.....
Fed raises GDP and inflation outlook, while keeping rate cut forecast

Fri, 22 Mar 2024 11:48:14 GMT

The Federal Open Market Committee's March projections for rate cuts shows a median Federal funds rate of 4.6% in 2024, versus 5.25%-5.50% today.....
Here's what changed in the new Fed statement

Wed, 20 Mar 2024 18:24:23 GMT

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January.....
Fed holds rates steady and maintains three cuts coming sometime this year

Wed, 20 Mar 2024 20:42:59 GMT

The Federal Reserve on Wednesday released its decision on interest rates following its two-day policy meeting.....
Bank of England set to hold rates, but falling inflation brings cuts into view

Wed, 20 Mar 2024 12:56:39 GMT

The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.....
EU-China trade relations are in a 'slow-motion train accident,' business group says

Wed, 20 Mar 2024 01:00:01 GMT

Trade tensions between Europe and Beijing will likely escalate, according to Jens Eskelund, president of the European Union Chamber of Commerce in China.....
Here's everything to expect from the Federal Reserve's policy meeting Wednesday

Tue, 19 Mar 2024 21:51:54 GMT

The Fed has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot.....
Banks are in limbo without a crucial lifeline. Here's where cracks may appear next

Tue, 19 Mar 2024 22:13:09 GMT

High interest rates and rising losses on commercial real estate threaten hundreds of U.S. banks, mostly smaller regional lenders and community institutions. ....
Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

Tue, 19 Mar 2024 22:07:23 GMT

Grayscale's CEO said that fees on its flagship bitcoin ETF will come down over time, softening an earlier stance defending costlier than market average fees.....
'Glitch' at Ethiopia's biggest bank sees customers withdraw millions that isn't theirs

Mon, 25 Mar 2024 09:59:09 GMT

Ethiopia's largest bank is struggling to recoup funds after a glitch over the weekend allowed customers to withdraw millions of dollars, according to local media reports.....
From Carl Icahn to Gautam Adani: How short-seller Hindenburg is making a name for itself

Wed, 20 Mar 2024 17:49:14 GMT

Short-selling is a controversial practice, since it involves making money from the decline of somebody else's asset value. ....
Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

Mon, 18 Mar 2024 23:51:48 GMT

"I'm in the camp that the Fed does not change policy in the summer of an election year," the Bianco Research president told CNBC's "Fast Money" on Monday.....
This is the easiest way for newbies to start investing, financial experts say

Mon, 18 Mar 2024 19:35:02 GMT

Target-date funds are the best option for novice investors looking for a simple, hands-off approach, according to financial experts. ....
China kicks off the year on strong note as retail, industrial data tops expectations

Mon, 18 Mar 2024 04:15:50 GMT

China on Monday reported economic data for the first two months of the year that beat analysts' expectations.....