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NFL looks to give a boost to Black- and minority-owned banks

The league is borrowing $78 million from a syndicate of Black- and minority-owned banks and financial institutions in a bid to juice community lending.

Published 15 June 2023
Categorised as Finance News

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

Money transfer unicorn Zepz is looking to expand its business through mergers and acquisitions, the company’s CEO Mark Lenhard told CNBC.

Published 15 June 2023
Categorised as Finance News

China to see the world’s biggest millionaire exodus this year, new study shows

According to a report by investment migration consultancy Henley & Partners, China is expected to lose the largest number of dollar millionaires this year due to migration.

Published 15 June 2023
Categorised as Finance News

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

KBW CEO Thomas Michaud warns the economy hasn’t fully absorbed higher interest rates yet.

Published 15 June 2023
Categorised as Finance News

Disney World is packed, but lines can be short — if you follow several tips

The easiest ways to avoid lines at Disney World cost money. But paying for them is worth every cent, says CNBC’s Travel Editor Monica Pitrelli.

Published 15 June 2023
Categorised as Finance News

Analysts see more upside for Meta with price target hikes. Here’s what the pros are saying

Pros on CNBC discussed Meta after Piper Sandler raised the stock’s price target amid more confidence in the social media company’s AI strategy.

Published 14 June 2023
Categorised as Finance News

DoubleLine’s Gundlach says the Fed will break something if it sticks to its rate-hiking path

DoubleLine CEO Jeffrey Gundlach said the Fed could tip the economy into a recession if the central bank follows through on its rate-hiking path this year.

Published 14 June 2023
Categorised as Finance News

How to shift your bond portfolio as the Fed pauses interest rate hikes

The Federal Reserve on Wednesday announced a break from raising interest rates, while projecting two more hikes. Here’s what it means for bond portfolios.

Published 14 June 2023
Categorised as Finance News

Fed holds off on rate hike, but says two more are coming later this year

The Federal Reserve on Wednesday released its decision on interest rates.

Published 14 June 2023
Categorised as Finance News

The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%

The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6% before 2023 is over.

Published 14 June 2023
Categorised as Finance News

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