Finance

China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.

https://www.cnbc.com/2024/04/19/chinas-fiscal-stimulus-is-losing-its-effectiveness-sp-says.html

TSMC is the world's largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.

https://www.cnbc.com/2024/04/18/tsmc-q1-2024-earnings-on-strong-ai-chip-demand.html

Visitors get free admission to all national parks on April 20.

https://www.cnbc.com/2024/04/18/national-park-week-is-coming-up-and-that-means-free-entry-for-visitors-.html

High demand and a competitive moat could position AI chipmakers for lasting outperformance, experts say.

https://www.cnbc.com/2024/04/18/play-artificial-intelligence-with-semiconductor-etf-vaneck-ceo.html

Britain's Metropolitan Police said in a statement Thursday that the LabHost website was used by 2,000 criminals to steal users' personal details.

https://www.cnbc.com/2024/04/18/police-take-down-massive-fraud-website-labhost.html

Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.

https://www.cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html

Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.

https://www.cnbc.com/2024/04/16/regional-bank-failures-may-be-ahead-fmr-fdic-chair-sheila-bair-warns.html

The K-Pop market is 'misunderstood', says Goldman Sachs, and it is on track for further growth in its global fanbase

https://www.cnbc.com/2024/04/17/goldman-sachs-sees-turnaround-for-kpop-stocks.html

Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.

https://www.cnbc.com/2024/04/16/powell-cites-lack-of-progress-this-year-in-reaching-feds-inflation-goal.html

How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?

https://www.cnbc.com/2024/04/16/morgan-stanley-ms-earnings-q1-2024.html

Dating experts say the man in heterosexual couples should generally pay the check.

https://www.cnbc.com/2024/04/16/who-should-pay-for-the-first-date-experts-weigh-in.html

Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian Economy.

https://www.cnbc.com/2024/04/16/watch-fed-chair-powell-speak-live-during-a-policy-forum-in-washington.html

Bank of America on Tuesday reported first-quarter earnings that topped analysts' estimates for profit and revenue.

https://www.cnbc.com/2024/04/16/bank-of-america-bac-earnings-q1-2024.html

Goldman CEO David Solomon has taken his lumps in the past year, but a turnaround appears to be underway, fueled by a rebound in Wall Street activities.

https://www.cnbc.com/2024/04/15/goldman-sachs-gs-earnings-q1-2024.html

British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.

https://www.cnbc.com/2024/04/15/freetrade-britains-answer-to-robinhood-hits-breakeven.html

Larry Swedroe, who's considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.

https://www.cnbc.com/2024/04/13/buffett-really-was-not-a-great-stock-picker-swedroe-on-investing.html

Citigroup posted first-quarter revenue that topped estimates, helped by better-than-expected results in the bank's investment banking and trading operations.

https://www.cnbc.com/2024/04/12/citigroup-c-earnings-q1-2024.html

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected.

https://www.cnbc.com/2024/04/12/jpmorgan-chase-jpm-earnings-q1-2024.html

Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.

https://www.cnbc.com/2024/04/12/90percent-of-qualifying-ev-buyers-get-7500-tax-credit-as-upfront-payment.html

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.

https://www.cnbc.com/2024/04/12/wells-fargo-wfc-earnings-q1-2024.html

Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.

https://www.cnbc.com/2024/04/11/gold-is-safer-than-mining-stocks-state-streets-milling-stanley.html

JPMorgan Chase, the nation's largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

https://www.cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html

Halio's new role encompasses authority over the firm's more than $1.6 trillion balance sheet. She'll report to Chief Financial Officer Denis Coleman.

https://www.cnbc.com/2024/04/11/goldman-sachs-promotes-carey-halio-to-global-treasurer.html

Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful problem on its hands.

https://www.cnbc.com/2024/04/10/the-supercore-inflation-measure-shows-fed-may-have-a-real-problem-on-its-hands.html

Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.

https://www.cnbc.com/2024/04/11/lose-lose-situation-new-swiss-bank-laws-could-derail-ubs-challenge-to-wall-street-giants.html

China's commercial property sector is seeing pockets of demand amid an overall real estate slump.

https://www.cnbc.com/2024/04/11/chinas-commercial-property-segment-is-seeing-some-bright-spots-.html

The Fed released the minutes from its March meeting.

https://www.cnbc.com/2024/04/10/fed-meeting-minutes-point-to-caution-on-inflation.html

NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a capital infusion.

https://www.cnbc.com/2024/04/10/nycb-is-paying-the-nations-highest-interest-rate-apy.html

China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.

https://www.cnbc.com/2024/04/10/nomuras-koo-china-needs-a-narrative-that-house-prices-are-going-to-rise.html

In his letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon chose AI as the first topic among issues facing the biggest U.S. bank by assets.

https://www.cnbc.com/2024/04/08/jamie-dimon-says-ai-may-be-as-impactful-on-humanity-as-printing-press-electricity-and-computers.html