Breaking News: Economy
The world’s rich are relocating at a pace unseen in history — where are they going?
The movement of the world’s richest families across borders is accelerating into what experts are calling the most significant private wealth migration ever recorded. Demand for cross-border relocation, residency planning and citizenship consultancy services is being driven by geopolitical tensions and sudden policy shifts, advisers who work with ultra-high-net-worth clients told CNBC. According to a […]
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Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses
ETF Edge Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses Published Tue, Feb 10 20262:58 PM ESTUpdated 6 Min Ago Blair Bao WATCH LIVE Source
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How this French building behemoth wants to solve the U.S. housing dilemma
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. French […]
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‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
Chinese Premier Li Qiang (L) and Britain’s Prime Minister Keir Starmer inspect a Chinese honour guard during a welcome ceremony at the Great Hall of the People in Beijing on January 29, 2026. Carl Court | Afp | Getty Images China’s embassy in London Tuesday criticized the U.K.’s decision to expand a visa program for […]
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U.S. Treasury yields move higher as investors await busy week of economic data
Traders work at the New York Stock Exchange on Jan. 27, 2026. NYSE U.S. Treasury yields were up to begin the week as investors looked ahead to a flurry of economic data, including the delayed January jobs report. The 10-year Treasury yield was up 3 basis points at 4.236%, and the 30-year Treasury yield was more than 3 basis […]
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Digital employees, AI bootcamps: America’s oldest bank is spending billions on tech
Key Points BNY has 134 new so-called “digital employees.” These workers are focused on specific repetitive tasks, which can free up human employees for other duties. The bank spent about $3.8 billion on technology in 2025, or roughly 19% of its revenue – the highest proportion among its peers, according to data collated by CNBC. […]
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Layoffs in January were the highest to start a year since 2009, Challenger says
An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty Images Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday. U.S. employers announced 108,435 layoffs […]
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Fixed-income ETF provider BondBloxx questions private credit meltdown fears, sees space as sensible way to generate income
ETF Edge Fixed-income ETF provider BondBloxx questions private credit meltdown fears, sees space as sensible way to generate income Published Thu, Feb 5 20267:00 AM EST Blair Bao WATCH LIVE Source
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Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
The U.S. labor market barely budged in January, with hiring below even muted expectations, according to a report Wednesday from payrolls processing firm ADP. Private companies added just 22,000 positions for the month and the number would have been negative had it not been for a surge of 74,000 hires in the education and health […]
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Trump says India won’t buy Russian oil anymore. Moscow insists India hasn’t said that
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi sit in a car during a welcoming ceremony at the Palam Air Base in New Delhi, India December 4, 2025. Grigory Sysoev | Via Reuters A day after President Donald Trump said India agreed to halt purchases of Russian oil as part of a new […]
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