China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday.
Category: Finance News
Op-ed: Cruise line stocks are a light on the horizon for investors seeking diversification
Market breadth improved as of late May and leadership expanded to cyclical sectors. One place for investors seeking diversification could be cruise companies.
The No. 1 way to grow your wealth, according to a self-made millionaire: It’s ‘deceptively simple’
Growing your wealth should be boring, Ramit Sethi says. He shares three strategies that allow you to grow your money long-term.
Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles
Nonfarm payrolls were expected to increase by 240,000 and the unemployment rate to fall to 3.6% in June.
Stocks making the biggest premarket moves: Levi Strauss, Biogen, Alibaba and more
These are the stocks posting the largest moves in the premarket.
Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says
Southeast Asia’s initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.
Meta touches 17-month high after Threads platform launch. Here’s what the pros are saying
Pros on CNBC discussed Meta after the social media company launched its Threads platform to rival Twitter.
Payrolls report Friday likely to show a jobs market that is still hot
The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.
The job market is still favorable for workers. ‘You’re in a lucky position,’ economist says
Federal and private job data issued Thursday suggests the labor market has remained resilient in the face of economic headwinds.
Stocks making the biggest moves midday: JetBlue, Affirm, Genius Sports, Sweetgreen and more
These are the stocks posting the largest moves midday.