Month: July 2024
Some Democratic donors want to slow Harris’ nomination; potential challengers quick to endorse it
US Philanthropist Michael Bloomberg speaks at the Earthshot Prize Innovation Camp on June 27, 2024 in London, England. Wpa Pool | Getty Images Some of the Democratic Party’s top donors have been urging the party to hit the brakes on Vice President Kamala Harris’ surge towards the nomination, arguing for a more “open” and inclusive […]
Read More
South Korean court approves arrest warrant for Kakao founder
A Kakao logo on their office at Seongnam. Sopa Images | Lightrocket | Getty Images A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition. It is the latest legal twist for Kakao after the company and an executive went on trial last year for alleged […]
Read More
CNBC Daily Open: Wall Street looks past political uncertainty
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 22, 2024. Timothy A. Clary | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
Read More
Food, beer and bowls: London chef Ben Lippett shares his favorite places to unwind
Chef Ben Lippett, known as @dinnerbyben to his hundreds of thousands of followers on social media, built his audience with approachable guides to “really good home cooking.” Unsurprisingly though, Lippett’s inspiration comes from beyond the confines of his home, with much of it sitting just outside his door in his neighborhood of Peckham. Chef Ben […]
Read More
Asia-Pacific markets set for higher open, tracking Wall Street gains
A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets are set to open higher on Tuesday, tracking gains on Wall Street. Futures for Australia’s S&P/ASX 200 stood at 7,956, slightly higher than the index’s last close of 7,931.7. […]
Read More
Avoid the ‘Magnificent 7’ and buy these lesser-known stocks instead, wealth manager says
The so-called “Magnificent Seven” were among the hottest stocks last year, but one wealth manager says they are “wildly overvalued” and has his sights elsewhere. “There is a possibility that the Magnificent Seven will continue to grow and generate positive returns for investors in the next decade, but I don’t think that’s the case with […]
Read More
These 2 stocks and an ETF will gain whoever wins the U.S. election, says fund manager
As the United States presidential election nears, there’s one key theme that’s expected to continue regardless of who wins: the reshoring of American manufacturing . Both the Republicans and Democrats have proposed policies that favor bolstering manufacturing in the country – through subsidies or tariffs. And investors are paying attention. Tema ETFs runs the actively […]
Read More
S&P 500 futures are little changed as investors await key earnings reports: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE S&P 500 futures are near flat Monday night, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. Futures tied to the broad index sat near their flatline, as did Nasdaq 100 […]
Read More
Ether ETFs appear set to launch on Tuesday, six months after massive debut for bitcoin funds
Representation of Ethereum, with its native cryptocurrency ether. Dado Ruvic | Reuters The U.S. Securities and Exchange Commission appears to have given the green light for exchange-traded funds that hold ether, the world’s second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday. Several fund issuers submitted additional registration statements Monday afternoon, and exchanges […]
Read More
Google cancels plans to kill off cookies for advertisers
\Trade fair visitors walk past a Google logo at the Google stand at Hannover Messe 2024. Julian Stratenschulte | Picture Alliance | Getty Images After years of delay, Google says it will no longer cancel and replace third-party cookies — a practice long used by advertisers — for its internet browser Chrome. Cookies are small […]
Read More