Finance
Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the...
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China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
China's retail sales grew by 3.7% in the first half of the year from a year ago.CNBC | Evelyn ChengSHANGHAI...
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Why the new spot ether ETFs may ‘be a hit’ despite recent weakness
It's a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut.Franklin Templeton is one of...
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Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024.CNBCBerkshire Hathaway dumped more Bank...
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Chinese EV startups are spending more on research than Tesla is
Nio's second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING –...
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Job seekers are sour on the cooling labor market
Nitat Termmee | Moment | Getty ImagesWorkers are souring on the state of the job market.Job seeker confidence in Q2...
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Major global chip equipment makers’ China revenue share has doubled since U.S. imposed export controls
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024.Nurphoto | Nurphoto | Getty...
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A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative...
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Many Americans think they’re insulated from climate change. Their finances indicate otherwise
A delivery driver takes a break in the shade during high temperatures in Philadelphia on June 21, 2024.Joseph Lamberti/Bloomberg via...
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Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David...
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