Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.
Category: Finance News
Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows
We polled about 400 chief investment officers, equity strategists and portfolio managers about where they stood on the markets.
Key Fed inflation gauge rose 0.3% in February, less than expected
The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.
Bill Gates took a ‘test ride’ in an autonomous vehicle, and says they’ll save you money—take a look
Microsoft co-founder Bill Gates took an autonomous vehicle “test ride” through what he called “one of the most challenging driving environments imaginable.”
This tax move is a ‘game changer’ for freelancers and gig economy workers, advisor says
If you’re a freelancer or gig economy worker, there’s still time to reduce your tax bill by opening a solo 401(k) plan and making a 2022 contribution.
Stocks making the biggest moves premarket: Bed Bath & Beyond, Nikola, Virgin Orbit and more
These are the stocks posting the largest moves before the bell.
‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says
The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” according to HSBC Senior Economic Adviser Stephen King.
China’s banking troubles are not the same as Silicon Valley Bank, economist says
China’s small banks’ problems reflect local issues, but do not pose systemic risks, said Zhu Min of the China Center for International Economic Exchanges.
Bank of America’s Andy Sieg is joining Citi as head of global wealth
Sieg was previously president of Merrill Lynch Wealth Management.
Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more
These are the stocks posting the largest moves in midday trading.