The firm is a long-term investor at the money remittance services provider.
Kategorie-Archiv: CNBC Financial News
China’s retail sales and industrial data miss expectations in August
Growth in the world’s second-largest economy has slowed after a disappointing recovery from Covid-19.
Stocks often drop in September — but many investors shouldn’t care
September is historically the worst month for the stocks of large U.S. companies. But that doesn’t mean investors should sell out of the market.
Hedge fund billionaire and Trump donor John Paulson says market would ‚crash‘ under Harris tax plans
John Paulson, a supporter of Donald Trump, said there could be a collapse in the financial markets if Kamala Harris‘ proposed tax plans become a reality.
Friday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and Nasdaq Composite scored a fourth winning session, aided by gains in tech Thursday. Here’s what CNBC is watching going into Friday.
Harris‘ rise in polls sparks wave of wealth transfers to kids
Currently, individuals can send up to $13.61 million (and up to $27.22 million for couples) to beneficiaries without owing estate or gift taxes.
Federal Reserve will opt for slow policy easing as there’s ’still work to do‘ on inflation, Fitch says
Fitch also gave some predictions on Asian central banks, such as the People’s Bank of China and the Bank of Japan
China’s plan to boost consumption by encouraging trade-ins has yet to show results
Several major cities and provinces have only in the last few weeks announced details on how the trade-in program would work for residents.
Stocks making the biggest moves after hours: Adobe, RH, Oracle and more
These are the stocks posting the largest moves in extended trading.
Here’s the deflation breakdown for August 2024 — in one chart
Consumer prices are falling in pockets of the U.S. economy, in categories such as cars, household furniture and certain groceries.