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Financial News Around the World

China’s financial regulators urge support for resolving local debt risks

China’s financial regulators called for coordinating support to resolve local debt risks, and adjusting policy for real estate loans.

Published 21 August 2023
Categorised as Finance News

I was charged ‘junk fees’ by a New York City hotel. Here’s what happened next

Junk fees, resort fees, destination fees. Whatever you call them, mandatory hotel fees are on the rise, with new lawsuits and legislation aimed at reining them in.

Published 20 August 2023
Categorised as Finance News

Value investing is having a moment in China. Here are some funds that are winning

China investing strategies that have paid off this year.

Published 20 August 2023
Categorised as Finance News

Bill Gates thought school wasn’t ‘interesting’ as a child—until a conversation with his 8th grade teacher

When it came to school, Microsoft co-founder Bill Gates used to think “the less effort you put in, the cooler you were,” he says. Here’s what changed his mind.

Published 20 August 2023
Categorised as Finance News

Lawmakers weigh tax rule ‘backslide’ for Venmo, PayPal users, says analyst. What it means for you

Some lawmakers want to increase the tax-reporting thresholds for Form 1099-K, which covers payments from companies such as Venmo or PayPal. Here’s what to know.

Published 20 August 2023
Categorised as Finance News

Mark Cuban passed on an early Uber investment—his $250,000 would be worth $2.3 billion today: ‘Whoops’

Mark Cuban’s net worth is estimated at more than $5 billion. It could have been even higher, if he hadn’t passed on investing in Uber in 2009, he said.

Published 19 August 2023
Categorised as Finance News

Watch CNBC’s full exclusive interview with Ferrari CEO Benedetto Vigna

Ferrari CEO Benedetto Vigna joins CNBC’s Robert Frank and ‘Last Call’ for an exclusive interview to talk his two years as CEO, antique Ferraris at auction, exclusivity in buying and more.

Published 18 August 2023
Categorised as Finance News

Ferrari CEO Benedetto Vigna: The first electric Ferrari will be unveiled in Q4 of 2025

Ferrari CEO Benedetto Vigna joins CNBC’s Robert Frank and ‘Last Call’ for an exclusive interview to talk his two years as CEO, antique Ferraris at auction, exclusivity in buying and more.

Published 18 August 2023
Categorised as Finance News

Wall Street awaits hotly anticipated Nvidia earnings. What the pros say to do next

Pros on CNBC discussed Nvidia as the chipmaker prepares to announce its much-anticipated, second-quarter earnings Wednesday.

Published 18 August 2023
Categorised as Finance News

4 places to keep your cash as the Federal Reserve weighs a policy shift

As the next policy move from the Federal Reserve remains unclear, here are four of the best options for your cash.

Published 18 August 2023
Categorised as Finance News

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