An editorial montage of the Japan flag and Japanese yen cash bank notes Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the first time since 2007, ending the world’s only negative rates regime on early signs of robust wage gains this year. […]
CNBC
China tightens regulations on consumer finance companies
BEIJING, CHINA – MARCH 04: Chinese national flags flutter at the Great Hall of the People as the second session of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) opens on March 4, 2024 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual […]
Bank of Japan hikes rates for the first time in 17 years in a historic shift, abolishes yield curve control
Japan flag and Japanese Yen cash banknotes (money, economy, business, finance, inflation, crisis) Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the first time since 2007, ending the world’s last negative rates regime on early signs of robust wage gains this year. […]
Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on hold until next year. “I’m in the camp that the Fed does not change policy in the summer […]
China’s BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu province on February 8, 2024. STR | AFP | Getty Images In the race against Tesla for the global electric car market, Chinese […]
Jim Cramer says Nvidia will ‘create the next industrial revolution’
CNBC’s Jim Cramer on Monday said he believes Nvidia will revolutionize enterprise. “The sum of all that Nvidia’s doing will indeed create the next industrial revolution, because Nvidia’s about the speed with which we can arrive at smarter, better answers,” he said after attending the company’s conference in San Francisco. […]
Abortion opponents settle lawsuit against D.C. museum over ‘pro-life’ hat ban
Patrons enter the Smithsonian’s National Air and Space Museum for the public reopening of the museum’s west end galleries on the National Mall in Washington, U.S. October 14, 2022. Jonathan Ernst | Reuters The National Air and Space Museum in Washington, D.C., agreed to settle a lawsuit by a group […]
UnitedHealth Group has paid more than $2 billion to providers following cyberattack
UnitedHealth Group Inc. headquarters stands in Minnetonka, Minnesota, U.S. Mike Bradley | Bloomberg | Getty Images UnitedHealth Group said Monday that it’s paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare. “We continue to make significant progress in […]
Nvidia CEO Jensen Huang announces new AI chips: ‘We need bigger GPUs’
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The […]
Behind Trump’s campaign cash crunch: Small-dollar donor fatigue, major donor hesitation
Republican presidential candidate and former U.S. President Donald Trump attends a watch party event to mark the Super Tuesday primary elections at his Mar-a-Lago property, in Palm Beach, Florida, U.S. March 5, 2024. Marco Bello | Reuters Donald Trump‘s reelection campaign has begun to see see warning signs that the […]