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ETFs are on pace to break record annual inflows, but this wild card could change it all

ETF inflows could rise as investors begin to search for other opportunities outside of money market funds.

  • 07.09.2024

3 ways Wall Street's largest banks are leveraging AI to increase profitability

Top finance leaders are becoming convinced that the tech will transform their businesses.

  • 07.09.2024

U.S. job market slows, but it's not yet a 'three-alarm fire,' economist says

The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.

  • 06.09.2024

7-Eleven's parent company rejects $38.6 billion takeover bid, says offer 'grossly undervalues' company

Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and significant challenges" it would face.

  • 06.09.2024

China should focus on fighting deflationary pressure, former central bank governor says

China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai.

  • 06.09.2024

China's wealthy are increasingly looking overseas for business investment opportunities

China's wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.

  • 06.09.2024

JPMorgan top economist says the Fed should cut rates by a half point this month

JPMorgan chief U.S. economist Michael Feroli believes there is a strong case for the Federal Reserve to speed up the pace of rate cuts.

  • 05.09.2024

How high earners can funnel money to a Roth IRA, the 'gold standard' of retirement accounts

High earners may find it tricky to access tax breaks in individual retirement accounts. A workaround may help.

  • 05.09.2024

Visa debuts a new product designed to make it safer to pay directly from your bank account

Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.

  • 05.09.2024

Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off

Microsoft's gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.

  • 04.09.2024

Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August

Citadel's multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.

  • 04.09.2024

Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.

  • 04.09.2024

China's property woes and U.S. sanctions have hit some cities hard

Hangzhou, capital of the eastern Zhejiang province and home to Alibaba and other tech companies, ranked first in this year's rankings.

  • 04.09.2024

Robinhood lets Brits lend shares for extra income in bid to grow international footprint

Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.

  • 04.09.2024

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.

  • 03.09.2024

Is the Fed 'sleepwalking into a policy mistake?': Abrdn analyst calls for faster easing of rates

Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe questioned on "Squawk Box Asia."

  • 03.09.2024

American demand for international trips drives 'travel momentum' and overall spending

Americans' spending on international trips has underpinned overall travel strength.

  • 02.09.2024

China's electric car race is becoming more about chip prowess as companies focus on tech

Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.

  • 02.09.2024

China's first global gaming hit sells millions in a week. An early investor shares what's next

China's first attempt at a top-tier video game has smashed world records, bolstering the industry's global ambitions after Beijing's gaming crackdown.

  • 02.09.2024

Warren Buffett leads Berkshire Hathaway to new heights at age 94

"It's been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight," Oaktree's Howard Marks said.

  • 30.08.2024

Dollar General shares crater 25% as retailer cuts outlook, blaming 'financially constrained' customers

The discount retailer slashed its guidance for full-year same-store sales and profit.

  • 29.08.2024

‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China

U.S. national security advisor Jake Sullivan said he raised concerns about the country's focus on economic security in meetings with Chinese officials.

  • 29.08.2024

Buffett's Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

The milestone came two days before Buffett's 94th birthday.

  • 29.08.2024

Biden and Xi to speak after rare U.S. security advisor trip to China

The announcement came amid U.S. national security advisor Jake Sullivan's trip to Beijing this week to meet with Wang Yi, China's top diplomat.

  • 29.08.2024

401(k) auto-enrollment features don’t help savings as much as expected, study finds

Academics who helped pioneer research on 401(k) auto-enrollment find effects such as leakage blunt its long-term impact.

  • 28.08.2024

Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds

Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.

  • 28.08.2024

U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up

The Sangdong Mine, owned by a subsidiary of Canada-based Almonty Industries, is set to resume operations this year.

  • 28.08.2024

JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng

The announcement is JD.com's second buyback this year, after announcing a $3 billion buyback in March.

  • 28.08.2024

Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla.

  • 28.08.2024

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it made an adjusted operating profit in the first half of 2024, swinging into the black as the firm nears a hotly anticipated IPO.

  • 27.08.2024