News

U.S.-China fentanyl talks get off to a 'productive' start, security advisor says

The U.S. and China had a "productive" first day of fentanyl talks, Jennifer Daskal, a deputy homeland security advisor, told NBC News' Janis Mackey Frayer.

A change to this one clause could be the most important part of the Fed meeting

The central bank is expected give an important hint about interest rate moves to come by removing wording from previous statements.

New York sues Citibank for alleged failure to reimburse fraud victims

The attorney general's office said the alleged failure cost victims millions in dollars.

IMF upgrades global growth forecast, citing U.S. resilience and policy support in China

The International Monetary Fund sees a reduced likelihood of a so-called "hard landing," with inflation falling faster than expected.

Stocks are the 'asset class of choice' as markets are now used to bad news, strategist says

Stocks are still the "asset class of choice" even as geopolitical risks mount, says Beat Wittmann, partner at Porta Advisors.

Alibaba-backed Xreal, rival to Apple's Vision Pro, claims it's now an AR glasses unicorn

Alibaba-backed augmented reality glasses company Xreal said it received $60 million in new funding, giving the company a valuation of more than $1 billion.

Workers are sour on the job market — but it may not be warranted

Layoffs and unemployment remain quite low by historical standards. So why do workers still feel lousy?

Having too many options can paralyze investors. Here's how you can overcome 'choice overload'

Having too much choice can paralyze good investment decisions via "choice overload."

Zelenskyy's income fell drastically following Russia's invasion, new declaration reveals

The Zelenskyy family income fell almost threefold between 2021 and 2022, according to the declaration on the presidential website.

China's luxury market is bouncing back with new areas of opportunity

As China's luxury sales rebound, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.

China plans to merge 3 bad debt asset managers with its largest sovereign wealth fund, state media reports

Beijing pledged last Monday to strengthen the "inherent stability" of its capital markets and improve market confidence.

Workers are paying to get part of their paychecks early. It's 'payday lending on steroids,' one expert says

"Earned wage access" programs have ballooned in popularity. But some experts and consumer advocates fear their fees can be like those of payday loans.
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