Finance

U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Jonathan Ernst | Reuters Securities and Exchange Commission Chairman Gary Gensler spoke this morning at the Practising Law Institute’s 56th annual conference on securities regulation.  It sounded awfully

View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in

Pictured here is an AI-generated clip from Vidu’s website. The tool can create videos from text or image prompts. Evelyn Cheng | CNBC BEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining images. Vidu already allows users worldwide to create

Leylaynr | E+ | Getty Images U.S. and Canadian banks reported a ten-fold surge in digital scams this year as criminals flock to techniques that rely on duping customers into sending them money, according to cybersecurity firm BioCatch. The sharp rise in reported scams from the first three quarters of 2023 comes as banks have

In this article GLRE Follow your favorite stocksCREATE FREE ACCOUNT David Einhorn speaking in New York City on April 3, 2024. Adam Jeffery | CNBC Hedge fund investor David Einhorn’s cautious stance all year made his performance suffer as he navigated what he believes is the priciest stock market of his career at Greenlight Capital.

Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024. Vcg | Visual China Group | Getty Images BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies. It’s an

Staff sort express deliveries at China Post’s Zaozhuang branch in east China’s Shandong province on November 10, 2024 Nurphoto | Nurphoto | Getty Images BEIJING — China’s Singles’ Day shopping festival saw consumers spend more than expected in what has otherwise been a tepid retail environment, consulting executives told CNBC. The country’s version of Black

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024.  David Swanson | Reuters Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump‘s tariff proposals could worsen long-term inflation if global

In this article LLY WFC NFLX F MSTR YUM COIN GOOGL CMCSA NYT JPM TSLA INTC NVDA M AMZN Follow your favorite stocksCREATE FREE ACCOUNT The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one

In this article ADYEN-NL Follow your favorite stocksCREATE FREE ACCOUNT Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Adyen reported a jump in sales in the third quarter as the Dutch

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25

Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024. Feature China | Future Publishing | Getty Images BEIJING – China is widely expected to unveil more stimulus on Friday after its parliament ends a five-day meeting. Authorities here have ramped up stimulus announcements since late September, fueling