Finance

In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael

Vasily Pindyurin | fStop | Getty Images Consumers lost a record $10 billion to fraud in 2023, and imposter scams were the most prevalent swindle, according to the Federal Trade Commission. Nearly 854,000 people filed complaints to the FTC about imposter scams last year, representing 33% of the total consumer fraud reports filed to the

Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — The U.K. economy slipped into a technical recession in the final quarter of last year, initial figures showed Thursday. The Office for National Statistics said U.K. gross domestic product shrank by 0.3% in the final three

The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK. Bloomberg | Bloomberg | Getty Images LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt. The Hannover-headquartered group’s

In this article DVA HAS KHC ABNB MGM HOOD Follow your favorite stocksCREATE FREE ACCOUNT The Uber Technologies, Inc. logo is seen on a building on December 21, 2023 in New York City. Eduardo Munoz Alvarez | VIEW press | Getty Images Check out the companies making headlines in midday trading. Uber — Uber’s shares

The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that’s costing Americans billions of dollars every year: online romance scams. These digital crimes have proliferated since the pandemic, as criminals pose as attractive partners and reach out to lonely Americans on social media. “We

In this article XLV XLC XLP Follow your favorite stocksCREATE FREE ACCOUNT Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s

Revolut is launching a travel eSIM plan in the U.K., in a rare move for a financial services firm. Revolut British financial technology company Revolut is launching phone plans in the U.K., the company has told CNBC exclusively, making it the first financial services firm in the country to offer telecom plans — and among

In this article SMH Follow your favorite stocksCREATE FREE ACCOUNT Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal. “The [oil] supply is there. The companies are arguably the next best cash flowing companies

Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. JPMorgan Chase, Wells Fargo and

In this article NVDA SMH AVGO Follow your favorite stocksCREATE FREE ACCOUNT Nvidia shares hit a fresh all-time high on Wednesday, and its gains may still be in the early innings, according to VanEck CEO Jan van Eck. Van Eck, whose firm runs the largest U.S. semi exchange-traded fund, points to a first-mover edge in

A passenger tries out a pair of Rokid AR glasses on a Hainan Airlines flight in China. Rokid BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid’s augmented reality glasses for free for in-flight entertainment, the tech startup announced Thursday. Chinese start-up Rokid claimed it’s the first time AR glasses