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Category: Finance News

George Soros hands control of his $25 billion empire to his son Alex

The older Soros, often targeted by right-wing conspiracists, has been one of the U.S. Democratic Party’s largest donors.

Published 12 June 2023
Categorised as Finance News

Investors are eyeing China’s neighbors as the recovery from ‘zero-Covid’ slows

Stock markets in South Korea, Japan and India are beneficiaries of the disappointing economic data that has clipped confidence in China.

Published 12 June 2023
Categorised as Finance News

Ad sales in China are pointing to a soft recovery for the consumer

Businesses in China are spending cautiously on advertising this year as local consumption isn’t expected to bounce back for a while yet.

Published 12 June 2023
Categorised as Finance News

At a time when most Americans are living paycheck to paycheck, the ‘quiet luxury’ trend takes over

Buoyed by Gwyneth Paltrow’s courtroom wardrobe and HBO’s final season of “Succession,” the look of “quiet luxury” has quickly caught on.

Published 10 June 2023
Categorised as Finance News

Here’s what’s hot — and what’s not — in fintech right now

What’s hot in fintech right now? And what’s not? CNBC spoke to some of the top industry insiders at Money 20/20 in Amsterdam. Here’s what they had to say.

Published 10 June 2023
Categorised as Finance News

Tesla stock pops on partnership with General Motors. Here’s what the experts have to say

Pros on CNBC discussed what they think about Tesla as the stock jumps after the company announced a partnership with GM Thursday.

Published 9 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more

These are the stocks posting the largest moves in midday trading.

Published 9 June 2023
Categorised as Finance News

JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm

Economic crosscurrents have divided the investing world into roughly two camps: Those who see a soft landing, and those who envision something far worse.

Published 9 June 2023
Categorised as Finance News

Ron Insana says an AI bubble may be forming, but we’re not there yet

While it’s true that a handful of stocks have enjoyed rallies, the intense interest in Generative AI has not yet generated a bubble, Insana says.

Published 9 June 2023
Categorised as Finance News

One of America’s richest self-made women quit her job to cook edibles—now her net worth is $225 million

Nancy Whiteman left her consulting job to start an edible cannabis company. Now she’s one of America’s richest self-made women, with a net worth of $225 million.

Published 9 June 2023
Categorised as Finance News

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