Erwan Rambourg of HSBC Global Research says consensus estimates were “clearly lagging.”
Young people in Greater China are blowing their paychecks every month — even if they don’t have to
The young would rather give up on increasingly unattainable dreams like buying a house to spend on things they’re “guaranteed to get today,” one professor says.
JPMorgan wealth CEO Erdoes says bank knew of Epstein sex accusations in 2006, USVI alleges
The filing contains fresh allegations embroiling the largest U.S. bank by assets in civil cases tied to convicted sex offender Jeffrey Epstein.
ChatGPT may be able to predict stock movements, finance professor shows
Alejandro Lopez-Lira, a finance professor at the University of Florida, used ChatGPT to parse news headlines for whether they’re good or bad for a stock.
Self-made millionaire Bethenny Frankel shares the No. 1 negotiation tip that made her rich: ‘It changed my entire life’
When Bethenny Frankel joined “The Real Housewives of New York,” she made a single negotiating decision that helped her eventually become a self-made millionaire.
Fed expects banking crisis to cause a recession this year, minutes show
The Federal Reserve on Wednesday released minutes from its March 21-22 policy meeting.
Series I bond rate expected to fall to below 4% in May, experts say
Based on the latest inflation data, the annual rate for Series I bonds is expected to fall below 4% in May, experts say. Here’s what investors need to know.
Most Americans are not confident in how China’s Xi will handle world affairs, Pew survey finds
Most U.S. adults have little confidence that Chinese President Xi Jinping will “do the right thing regarding world affairs,” a Pew Research Center survey found.
Data reveals a pullback in white-collar spending, says Bernstein’s Aneesha Sherman
Aneesha Sherman, senior analyst at Bernstein, and CNBC’s Robert Frank join ‘The Exchange’ to discuss white-collar recession, increasing unemployment rates among white-collar employees, the continued strength of high-end spending in the U.S., and the cascading effect of a spending slowdown.
Egg prices crashed 11% in March — and more relief may follow
Egg prices surged more than almost any other consumer good or service in 2022. Now, prices seem to be easing as the industry recovers from bird-flu outbreaks.