Category: Finance News

Japan is launching a new high-speed bullet train, or shinkansen, extension on Saturday that will make an under-the-radar prefecture more accessible to travelers.

The so-called wealth tax is a politically divisive economic policy, but one that is regaining traction amid rising inequality and shifting demographics. U.S. President Joe Biden in his 2024 State of the Union address became the latest to propose such plans, calling for a “billionaire tax” on the country’s super-rich. But can such a policy… Continue reading The rise of the Robin Hood tax

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

The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools that create human-like responses to queries.

Price pressures increasing at a faster-than-expected pace raised concern that inflation could be more durable than anticipated.

Charitable donations are becoming hyper-concentrated among a small group of ultra-wealthy mega-donors.

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

Mega Millions’ jackpot is approaching a billion dollars, but the actual amount you’d take home will be much less than that.

HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite the current headwinds, the British bank’s chief financial officer told CNBC on Thursday.

Tracy Britt Cool, who worked closely with Buffett for a decade, is building a close-knit community for smaller businesses.