News

Fewer Americans are buying life insurance. Here's when you might need it

Fewer Americans have bought life insurance in recent decades. That may put some households at financial risk.

Cisco is 'very optimistic' about its expanding business with China EVs

Cisco is "very optimistic" about its growing business with Chinese electric car companies as they expand overseas, Cisco's Greater China head Ming Wong told CNBC.

Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans

The living wills are a key Federal Reserve and FDIC exercise mandated in the aftermath of the 2008 global financial crisis.

The stock market is in its longest stretch without a 2% sell-off since the financial crisis

Wall Street's rise to record highs has come with very little volatility.

Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says

Despite mounting pressure to unfreeze all locked bank accounts in the Synapse collapse, messy records have created uncertainty over when that will happen.

China has spent at least $230 billion to build its EV industry, new study finds

China spent $230.8 billion over more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies.

China talks up support for IPOs. Investors are watching the speed of approval

Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings.

How investors can stay protected with emerging market opportunities

BNY's global head of ETFs warns that investors should account for changing currency levels when investing internationally.

More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer

New York was the first state to launch a consumer rebate program created by the Inflation Reduction Act.

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

"Dell is assembling half of the racks that are going into the supercomputer that xAI is building," Musk said, adding that Super Micro will also be involved.

Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady

Fitch now forecasts China will keep its one-year medium-term lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% next year.

Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO

British fintech firm Zilch says it's raised $125 million in debt from Deutsche Bank to help it further its path toward an eventual initial public offering.
1 30 31 32 33 34 142