News

China's July manufacturing activity contracts more than expected — declines for fourth-straight month

China's official manufacturing Purchasing Managers' Index for July was 49.3, missing expectations for 49.7 according to a Reuters poll.

Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts

A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in June.

Why it appears Washington is becoming friendlier toward crypto ETFs under Trump

Capitol Hill is becoming more receptive to market innovations including ETFs and cryptocurrency, according to two investment experts.

Why Revolut's journey to become a UK bank is taking so long

A year on from gaining a U.K. bank license, Revolut is still in a "mobilization" phase which limits the amount of customer deposits it can hold.

UBS posts net profit beat as market volatility boosts trading

Group invested assets soared on the back of increases in the lender's global wealth management and corporate units.

Tom Lee’s Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception

GRNY, an actively managed ETF, invests in around 35 high-quality stocks in the S&P 500.

JPMorgan Chase is nearing a deal to replace Goldman Sachs as Apple Card issuer, sources say

Post Content

With Trump pressure and a 'new Lebanon,' can Hezbollah's shadow economy be dismantled?

"Hezbollah finds itself in its greatest predicament since its foundation," one regional expert told CNBC.

Barclays second-quarter profit beats estimates as investment banking revenues swell

Investors have been watching the performance of the lender's sharpened investment banking unit, which posted income of £3.3 billion the three months to June.

JPMorgan says fintech middlemen like Plaid are ‘massively taxing’ its systems with unnecessary pings

JPMorgan, the biggest U.S. bank by assets, is preparing to charge fintech middlemen like Plaid and MX new fees for access to customer data.

China's latest AI model claims to be even cheaper to use than DeepSeek

Startup Z.ai, formerly known as Zhipu, announced Monday a new, low-cost AI model as Chinese companies race to stay at the frontlines of the tech.
1 4 5 6 7 8 197