European shares are set to open higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the Federal Reserve.
Category: Finance News
Singapore’s OCBC bank suffers brief outage, shares gain 1%
OCBC card, branch and ATM services were restored at 10.37 a.m.
Chinese EV startup Xpeng shares soar after announcing $744 million deal with Didi
Chinese electric car company Xpeng has signed yet another joint car production deal.
Your boarding pass and weight, please: Why airlines are asking passengers to step on the scales
Airlines weigh passengers in the name of safety and fuel efficiency, often because it’s required by law. But whether it’s necessary depends on who you ask.
China’s big internet names have mostly beat. Here’s where analysts think the stocks are headed
Chinese internet tech companies Alibaba, Tencent and Baidu have reported solid quarterly earnings this month.
Disney rebounds after touching 9-year low. What the pros say to do next
Pros on CNBC discussed Disney after shares of the stock rebounded slightly after hitting a nine-year low.
Op-Ed: Less affordable homes don’t just ruin American dreams, they’re a threat to the economy
The National Association of Realtors said earlier this month its housing affordability index fell to its lowest level on record, going back to 1986.
Stocks making the biggest moves midday: Nordstrom, Hasbro, Hawaiian Electric, Affirm and more
These are the stocks posting the largest moves midday.
Wells Fargo repays clients $40 million for excessive investment advice fees
Wells Fargo for years didn’t honor fee agreements between some financial advisors and their clients, the SEC said Friday.
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.