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SEC Chair Gensler proposes rules that would change which crypto firms can custody customer assets

SEC chair Gary Gensler proposed sweeping reforms that would alter the nature of crypto exchanges’ institutional and investor custody programs.

Published 15 February 2023
Categorised as Finance News

Retail sales jump 3% in January, smashing expectations despite inflation increase

Retail sales were expected to increase 1.9% in January, according to Dow Jones.

Published 15 February 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Kraft Heinz, Paramount, Airbnb, Tripadvisor and more

Here are the companies making headlines before the bell on Monday.

Published 15 February 2023
Categorised as Finance News

How to pay 0% capital gains taxes with a six-figure income in 2023

There are higher taxable income thresholds for the 0%, 15% and 20% long-term capital gains brackets for 2023. Here’s what to know.

Published 15 February 2023
Categorised as Finance News

Pharrell selected to become LVMH’s next men’s creative director

CNBC’s Robert Frank joins ‘Squawk Box’ to discuss Louis Vuitton Moët Hennessy hiring Pharrell Williams to lead its creative direction, the brands big bet on Pharrell, and the shareholder response to the decision.

Published 15 February 2023
Categorised as Finance News

Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift

Not long ago, CEO David Solomon told analysts the bank was developing its own card, which would’ve made use of the platform Goldman created for the Apple Card.

Published 15 February 2023
Categorised as Finance News

Barclays posts 19% slide in annual net profit after costly U.S. trading blunder; Shares down 8%

Barclays on Wednesday reported a full-year net profit of £5 billion ($6.05 billion) for 2022, beating consensus expectations of £4.95 billion.

Published 15 February 2023
Categorised as Finance News

Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon

Russia’s budget deficit hit a record 1.8 trillion rubles ($24.4 million) in January, with spending growing by 58% from the previous year while revenues fell by more than a third. 

Published 15 February 2023
Categorised as Finance News

Seen Big Ben already? Here’s a Londoner’s guide to visiting other parts of the city

How a born-and-raised Londoner explores the city’s parks, restaurants and buildings.

Published 15 February 2023
Categorised as Finance News

China’s economic recovery is off to a slow start

Preliminary economic data indicate overall growth isn’t yet roaring back since mainland China ended its Covid controls in early December.

Published 15 February 2023
Categorised as Finance News

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