Finance
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesThe U.S. Federal Reserve can afford to make a jumbo 50 basis...
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China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall
egetable prices in China have risen significantly this summer, with analysts pointing to high temperatures and frequent rainfall as the...
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Why the father of ‘life planning’ says you’re managing money the wrong way
George KinderKinder InstituteGeorge Kinder wants everyone to be free.At first blush, that concept of personal fulfillment or enlightenment may seem...
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3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping headfirst into the AI race. Over the past year, Wall Street's largest names — including Goldman...
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ETFs are on pace to break record annual inflows, but this wild card could change it all
Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the...
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China should focus on fighting deflationary pressure, former central bank governor says
Yi Gang was governor of the People's Bank of China from 2018 to 2023. He is pictured here speaking at...
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U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City.Michael...
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7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company
Customers exit a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kobe, Japan, on Friday, Aug. 30,...
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JPMorgan top economist says the Fed should cut rates by a half point this month
Michael Feroli, chief U.S. economist of JPMorgan Securities, listens during a Bloomberg Television interview in New York on March 6,...
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Visa debuts a new product designed to make it safer to pay directly from your bank account
Nurphoto | Nurphoto | Getty ImagesVisa said it plans to launch a dedicated service for bank transfers, skipping credit cards...
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