Finance
China urges Beijing-backed development bank to focus more on Belt and Road Initiative
Chinese Premier Li Qiang spoke at the opening ceremony of the ASEAN-China-GCC Economic Forum in Kuala Lumpur, Malaysia, on May...
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China’s fintech giant Ant doubles down on health care with new AI app — and it wants it to go global
Alibaba-affiliate Ant Group released a new AI-powered healthcare app on June 26, 2025.Ant GroupBEIJING — Alibaba-affiliate Ant Group is doubling...
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How the Republican megabill targets immigrant finances
Senate Majority Leader John Thune (R-SD) speaks to reporters at Capitol Hill on June 24, 2025 in Washington.Tasos Katopodis |...
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Divided Fed OKs rule to ease capital requirements for big Wall Street banks
Chairman of the US Federal Reserve Jerome Powell speaks alongside Michelle Bowman (L), Board Vice Chair for Supervision, Lisa Cook...
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Trump’s war against the Powell Fed has taken another political turn
Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to...
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3 forces driving a record week for stocks as 7 portfolio names hit new highs
It's been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing...
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Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China's Zhejiang province Thursday,...
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Bank investors bet on looser regulation under Trump. They are starting to see it
The first domino has fallen in the Trump administration's bid to loosen regulations on Wall Street's biggest banks. The Federal...
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How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025.Brendan McDermid | ReutersAn aggressive trade...
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Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’
To say Wall Street isn't a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders...
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