CNBC’s latest millionaire survey reveals the biggest threats to personal wealth. Here are the best ways to protect from these risks, according to experts.
Category: Finance News
Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype
Ken Griffin, founder and CEO of Citadel, said Tuesday that the hype around artificial intelligence could be overblown at this stage.
Millionaires favor DeSantis in Republican presidential primary, but support for Trump grows
Republican millionaires are souring on Gov. Ron DeSantis and more often supporting Donald Trump, a sign of possible shifting winds among donors.
Millionaires are hoarding cash, betting on higher rates, CNBC survey says
Wealthy investors are still cautious on the stock market, but not as bearish as they were at the start of the year.
HSBC says rebranded Silicon Valley Bank UK will maintain startup focus while targeting global growth
Silicon Valley Bank UK will continue to serve startup businesses from “seed funding to IPO” after its takeover, the CEO of HSBC UK told CNBC.
China’s exports plunge by 7.5% in May, far more than expected
China’s exports fell in May for the first time since February, customs data showed Wednesday.
Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
The latest filing from the SEC described founder Changpeng Zhao as a “foreign national” with open “disdain” for U.S. authority and law.
Apple shares inch lower after analyst downgrade. Here’s how to play the stock
Pros on CNBC discussed what they think about Apple as the company rides the hype from the unveiling of its mixed-reality headset.
Meredith Whitney is back. Here’s her latest market call
“People are sitting on big piggy banks and they’re not sweating it,” Whitney told CNBC.
World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress
Growth forecasts for advanced economies project just 0.7% increase this year, down from 2.6% estimated growth in 2022.