CNBC’s Robert Frank joins ‘Squawk Box’ with a look at how states are using AI to go after wealthy taxpayers.
Category: Finance News
Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market
Sales of superyachts took a dive in 2023, as long waiting lists, soaring costs and Russian oligarch sanctions hit demand.
High company valuations a ‘worry,’ IMF’s capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.
K-pop stocks have sold off this year, but Goldman sees a turnaround
The K-Pop market is ‘misunderstood’, says Goldman Sachs, and it is on track for further growth in its global fanbase
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
Market fear signals are flashing red as stocks pull back from record highs
Several key gauges of fear in the market are up, indicating more caution from investors.
Who should pay for the first date? Dating coaches and a couples therapist weigh in
Dating experts say the man in heterosexual couples should generally pay the check.