Wan Gang became China’s minister of Science and Technology around 2010 and is known for spearheading the country’s early push into electric cars.
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
Returns are up and people are saving more. But account balances for the median 401(k) are too low and Americans are still very reliant on Social Security.
Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
A survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long-term despite concerns about U.S.-China relations.
Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says
Prince Constantijn of the Netherlands told CNBC Europe risks limiting its role in artificial intelligence to being a regulator, rather than an innovator.
The yuan’s status as a global currency might be gaining ground. But top CEOs see more hurdles to clear
For China’s yuan to be used more globally, the currency needs more “applications” such as stocks and bonds, said Bonnie Chan, CEO of the Hong Kong exchange.
Housing market to remain ‘stuck’ until at least 2026, Bank of America says
The bank sees a variety of factors lining up against both a major improvement in sales and a drop in prices.
Stocks making the biggest moves midday: SolarEdge Technologies, Pool Corp., Carnival and more
These are the stocks posting the largest moves in midday trading.
Fewer Americans are buying life insurance. Here’s when you might need it
Fewer Americans have bought life insurance in recent decades. That may put some households at financial risk.
Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates.
Cisco is ‘very optimistic’ about its expanding business with China EVs
Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, Cisco’s Greater China head Ming Wong told CNBC.