The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.
Kategorie-Archiv: CNBC Financial News
One of the biggest bears in this bull market is leaving JPMorgan
Marko Kolanovic, who called the Covid-era rebound but missed the latest stock rally, is leaving the bank.
Constellation delivers beer profits, but weakness in wine prompts a downgrade
We want to see actual progress in wines and spirits before getting more positive on the trajectory of the stock.
The U.S. needs more of this critical metal — and China owns 80% of its supply chain
China dominates the supply chain for many of the world’s critical minerals, but so far it’s held off on sweeping restrictions on at least one: tungsten.
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
The Synapse collapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits were locked from accounts.
What Taylor Swift’s The Eras Tour says about ‚passion tourism‘
Traveling abroad for a Taylor Swift concert is perhaps the most prominent example of taking a trip motivated by personal interest, hobby or a cultural event.
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
Revolut’s CEO Nikolay Storonsky said he is optimistic about the fintech firm’s chances of being granted a U.K. banking license.
Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future
Griffin, whose firm has been at the forefront of automation, said machine-learning tools have their limits when it comes to adapting to changes.
Is the U.S. stock market too ‘concentrated’? Here’s what to know
Just a handful of large U.S. companies account for a third of the S&P 500 stock index. Some experts fear investors are at risk.
Chewy shares turn negative as the boost from Roaring Kitty’s new stake diminishes
The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company.