Day: August 23, 2025
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]
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This under-the-radar ETF trend may be flashing a warning signal for the market
ETF Edge This under-the-radar ETF trend may be flashing a warning signal for the market Published Sat, Aug 23 202511:00 AM EDT Anna Gleason@anna_gle WATCH LIVE Source
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What wealthy parents need to know about giving real estate to their kids
A local house with a porch in Edgartown on Martha’s Vineyard, Massachusetts, USA. Wolfgang Kaehler | Lightrocket | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The great wealth […]
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India says US trade negotiations are still going on as fresh tariffs loom
Dr. Subrahmanyam Jaishankar, Indian Minister of External Affairs at the World Trade Center on June 30, 2025 in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images India’s foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days […]
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China proposes draft rules on internet platform pricing
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images China proposed rules for internet platform pricing on Saturday, seeking public comment after a raft of complaints by merchants and consumers of unfair or misleading pricing by big platforms. The […]
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Troop costs, China in focus when South Korea’s Lee meets Trump
The U.S. and South Korean flag against the backdrop of a building. Chris Putnam | Future Publishing | Getty Images When South Korean President Lee Jae Myung meets U.S. President Donald Trump next week for their first summit, he will be asked to pay more for the upkeep of American troops on the peninsula during […]
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Inside billionaire Lucy Guo’s intense daily routine: 5:30 a.m. wake-ups, double gym sessions, and no lunch breaks
Lucy Guo, founder and CEO of Passes. Passes Lucy Guo might be a billionaire, but instead of a life of luxury and comfort, she swears by a relentless work ethic and strict daily routine. At just 30 years old, the California-born-and-raised entrepreneur has achieved what many will spend their lifetimes chasing. In April, Guo’s net […]
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Spain’s economy keeps growing — why is the country doing so well?
Tourists take photos as they visit the Sagrada Familia basilica in Barcelona, on August 2, 2025. (Photo by Manaure QUINTERO / AFP) (Photo by MANAURE QUINTERO/AFP via Getty Images) Manaure Quintero | Afp | Getty Images Spain’s booming economy is outpacing its European neighbors as tourism, foreign investment and immigration helps fuel growth. The southern […]
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