Data for May show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier this year.
Category: Finance News
Coinbase stock pops after analyst upgrade. Here’s how the pros are reacting
Pros on CNBC discussed Coinbase after Atlantic Equities upgraded the stock.
Goldman Sachs is cutting jobs again amid Wall Street deals slump
Goldman Sachs, more tied to the ups and downs of Wall Street than its rivals, is cutting jobs again.
Proposed debt ceiling deal would cut part of $80 billion IRS funding
The proposed debt ceiling deal may include up to $21.4 billion in IRS budget cuts. Here’s what it means for taxpayers.
Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and more
These are the stocks posting the largest moves in midday trading.
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Stablecoin firm Tether said Tuesday it plans to invest its resources into renewable energy production, marking the company’s first foray into the energy sector.
Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and more
These are the stocks posting some of the largest moves in the premarket Tuesday.
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
Consumer brands such as Starbucks face a Chinese market recovering slowly from the pandemic and filled with local competitors, Morgan Stanley analysts said.
The biggest money mistakes that could change your future — and how to get ahead of them right now
Financial experts share their tips on how to reverse and prevent money mistakes — both big and small.
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
Stronger-than-expected U.S. jobs figures and GDP data have highlighted a key risk to the Federal Reserve potentially taking its foot off the monetary brake.