Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new „billionaire tax.“
Schlagwort-Archiv: CNBC
Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools that create human-like responses to queries.
HSBC is ‚very positive‘ about the future of China’s economy, CFO says
HSBC is „very positive“ about the mid- to long-term outlook for the Chinese economy despite the current headwinds, the British bank’s CFO told CNBC.
Vonovia falls 7% after its biggest ever loss shines light on Germany’s property crisis
Shares of German property giant Vonovia fell over 7% on Friday, shining a light on a deepening real estate crisis in Europe’s largest economy.
Adobe shares slip 10% on soft sales forecast
Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.
‚Take the emotion out of investing‘ during a presidential election year, strategist says. What to do instead
Trying to time the stock market during a presidential election year could cost investors. Here’s how to stay the course.
Here’s when the Fed is likely to start cutting interest rates, according to investment strategists
The U.S. central bank will likely reduce its benchmark interest rate by 0.75 percentage points to 1 point this year and achieve a „soft landing,“ experts said.
Dick’s Sporting Goods soars past holiday quarter estimates, raises dividend 10%
Dick’s Sporting Goods said its holiday quarter was the strongest sales period in the company’s history, leading it to raise its dividend by 10%.
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David Faber has learned.
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Banks delivered record payouts as high interest rates boosted margins, according to a new report from British asset manager Janus Henderson.