CNBC’s Robert Frank reports on the wealthiest people in China.
Stocks making the biggest premarket moves: KeyCorp, Starbucks, JetBlue, Eli Lilly and more
These are the stocks posting the largest moves in the premarket.
China stocks escaped much of the latest sell-off. Signals for whether to buy
The latest global market volatility has reinforced China’s status as a distinct market, even if growth has slowed recently.
Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers’ spending power.
Stocks making the biggest moves midday: Sweetgreen, Doximity, E.l.f. Beauty and more
These are the stocks posting the largest moves in midday trading.
The unemployment insurance program is unprepared for a recession, experts say
Unemployment insurance is meant to prop up income after a layoff. The system buckled during the pandemic and is ill equipped for another crisis, experts said.
Stocks making the biggest moves premarket: Taiwan Semiconductor, Insulet, Paramount Global and more
These are the stocks posting the largest moves in premarket trading.
Wealthy investors find opportunities in stock market sell-offs
Wealth advisors say their clients saw the drop in stock prices as an opportunity for tax savings and estate planning.
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
The move by JPMorgan, the largest U.S. bank by assets, shows how quickly generative AI has swept through America since the arrival of ChatGPT in late 2022.
China’s Ningbo port reports explosion on container ship, state news agency says
A container on a ship at the Beilun area in Ningbo port exploded, state media said Friday.