World
These stocks will be the winners and losers of rising U.S.-China trade tensions, Wall Street says
Tensions are ratchetting up between U.S. and its major trading partners. In the latest, Bloomberg on Wednesday reported that the Biden administration is considering a wide-sweeping rule to clamp down on companies exporting their critical chipmaking equipment to China. That follows new tariff rates on $18 billion worth of Chinese imports — including electric vehicles, […]
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Stock futures are little changed as Wall Street looks to shake off Thursday’s market slide
Stock futures were quiet on Thursday evening as Wall Street looked to stabilize after a slide for equities. Futures tied to the Dow Jones Industrial Average inched up 16 points, or less than 0.1%. S&P 500 futures ticked up 0.1%, while Nasdaq 100 futures added 0.3%. The move in futures comes after stocks were down […]
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New multi-billion dollar deal adds to rising trend of bitcoin miners moving to AI: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Ryan Condron, […]
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Greater risk is paying off for these tax-free bonds. Here’s how they may fit into your portfolio
When it comes to tax-free municipal bonds, investors who are comfortable with taking more risk are seeing attractive returns. High-yield municipal bonds – issues that are rated below BBB by Standard & Poor’s – have greater default risk than their investment-grade counterparts. The riskier bonds outperformed in the first half of the year, posting total […]
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CNBC’s Inside India newsletter: How will India spend its billions?
New Delhi, India – February 01: Finance minister, Nirmala Sitharaman, outside Finance Ministry on the Budget Day, with other members of Finance Ministry in New Delhi on February 01, 2024. (Photo by Hardik Chhabra/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report […]
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European stocks close slightly lower as ECB holds interest rates steady, Volvo Cars jumps 9%
23 February 2024, Hesse, Frankfurt/Main: The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Photo: Boris Roessler/dpa (Photo by Boris Roessler/picture alliance via Getty Images) Boris Roessler | Picture Alliance | Getty Images European markets closed slightly lower on Thursday, slipping from gains held through most of the session […]
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Bank of England reports problems with CHAPS payments system
Blurred buses pass the Bank of England in the City of London on 7th February 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England said on Thursday that a “global payments issue” was affecting the interbank payments service CHAPS, delaying some high-value and time-sensitive payments including some […]
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Citadel’s Ken Griffin buys a stegosaurus for $45 million in a record auction sale
People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City. Alexi Rosenfeld | Getty Images Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the most valuable fossil ever sold at […]
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European Central Bank holds interest rates, says domestic price pressures ‘still high’
The European Central Bank left interest rates unchanged on Thursday, after implementing a cut in June. “Monetary policy is keeping financing conditions restrictive. At the same time, domestic price pressures are still high, services inflation is elevated and headline inflation is likely to remain above the target well into next year,” the ECB’s Governing Council […]
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Germany to slash military aid budget in blow to Ukraine
A view of damaged building amidst rubble after the Russian missile attack in Myrnohrad, Donetsk Oblast, Ukraine on July 16, 2024. Jose Colon | Anadolu | Getty Images Germany is set to significantly reduce funds dedicated to strengthening partner states in the areas of security, defense and stabilization — a section of its budget which […]
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