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Invesco launches ETF to maximize on the tech concentration craze

Invesco launched an exchange-traded fund designed to give investors exposure to the top 45% of companies in the Nasdaq-100 Index.

  • 14.12.2024

You don’t need to be a ‘Silicon Valley entrepreneur' to be rich, financial advisor says. Here's how to retire a millionaire

Almost anyone can build a nest egg of $1 million or more, especially if they start saving early.

  • 13.12.2024

China ramps up Wall Street meetings as Trump inauguration looms

Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.

  • 13.12.2024

CFPB announces rule limiting bank overdraft fees; trade group sues in response

The CFPB says the rule will save American consumers $5 billion annually.

  • 13.12.2024

Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Banks with commercial real estate exposure have struggled after the Federal Reserve hiked interest rates through 2023, leaving them with unrealized losses.

  • 13.12.2024

Trump says he’s not going to make any stock market predictions in case there’s a ‘dip’

"I don't want to get into a situation where they do and we have a dip or something because that can always happen," Trump said.

  • 12.12.2024

Here’s the inflation breakdown for November 2024 — in one chart

Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.

  • 11.12.2024

If Trump adds tariffs, 'either way, there is a cost to consumers,' economist says

President-elect Donald Trump's tariff plan is expected to raise costs, especially for low and middle earners, experts said. But the scope of tariffs is unclear.

  • 10.12.2024

Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers

Amazon's marketplace sellers will be able to bring their sales and inventory data into Intuit QuickBooks through a new integration.

  • 09.12.2024

'Low-hire, low-fire': The U.S. job market is stagnant right now, economists say

The labor market is not nearly as dynamic as it was in 2021 and 2022. That provides both good and bad news for workers.

  • 09.12.2024

Treasury Department may fine small businesses $10,000 or more if they don't file this new report

The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.

  • 09.12.2024

AI's growth is just getting started, BlackRock's thematic ETF head says

BlackRock's Jay Jacobs expects infrastructure and cybersecurity plays to shine in 2025. He cites the artificial intelligence boom as a major catalyst.

  • 07.12.2024

'This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO

Threats against corporations have been rising for years, fueled in part by the echo chamber of social media and an increasingly polarized political environment.

  • 07.12.2024

CFPB sues Comerica Bank, alleging it failed to administer federal benefits program

The Consumer Financial Protection Bureau accused the bank of intentionally terminating calls and mishandling fraud complaints.

  • 06.12.2024

UniCredit's Orcel could still sweeten his bid and take on a double M&A offensive

Divided between two takeover courtships, UniCredit's Andrea Orcel may need to decide between going big abroad or staying home.

  • 06.12.2024

Far from a bazooka, China's stimulus measures are just trickling through the economy

China's latest efforts to kickstart growth will take time to play out, data and company earnings show.

  • 05.12.2024

More employers add 401(k) plan match for workers paying student loans

The share of businesses choosing to offer a 401(k) plan match based on student loan payments is slowly increasing due to a law known as Secure 2.0.

  • 04.12.2024

Powell says he's not worried about the Fed losing its independence under Trump

Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.

  • 04.12.2024

Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference

The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.

  • 04.12.2024

Banks hit credit card users with higher rates in response to regulation that may never arrive

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.

  • 04.12.2024

South Korean stocks rebound from lows in chaotic trading as president says he's lifting martial law

The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, at one point tumbled to a 52-week low.

  • 04.12.2024

Donald Trump Jr. joins PSQ Holdings' board, sending shares skyrocketing 270%

PSQ is a microcap stock with a market capitalization of only $72 million as of Monday's close.

  • 03.12.2024

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

  • 03.12.2024

This 'stepping stone' strategy helps parents boost their kids' credit score. Here's how it works

Adding a child as an authorized user to your credit card account can help jumpstart their credit history. But there can be risks, experts said.

  • 02.12.2024

‘Small caps are going to become more in favor in 2025': VettaFi’s research head doubles down on winning group

Small caps just had their first historic week in three years, and one ETF expert predicts the group's record highs will help drive investors back into the group.

  • 30.11.2024

You're 'wired' to overspend during the holidays, expert says — here's what to do about it

Consumers are hardwired to think more of short-term gratification than long-term goals.

  • 29.11.2024

Swiss wealth manager Lombard Odier indicted on money laundering charges

Lombard Odier — one of Switzerland's oldest private banks — has been indicted by Swiss prosecutors on charges of aggravated money laundering.

  • 29.11.2024

China plans to restrict exports of a critical metal. But the market isn't that worried

China dominates 80% of the global tungsten supply chain.

  • 29.11.2024

Why exchange-traded funds are a 'growth engine' of active management

Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.

  • 27.11.2024

Donald Trump selects Kevin Hassett to lead National Economic Council

The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.

  • 27.11.2024