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.
Stocks making the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and more
These are the stocks posting the largest moves midday.
Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars
Ferrari is opening a new E-Building in Maranello, Italy, that will produce internal combustion engine cars alongside hybrid and all-electric models.
Ferrari CEO Benedetto Vigna on EV demand and the ’emotion’ of the supercars
Robert Frank sits down for an exclusive interview with Ferrari CEO Benedetto Vigna. They discuss Ferrari’s new E-Building, demand for electric cars, Ferrari as a luxury brand, and more.
Stocks making the biggest moves before the bell: Nvidia, Ferrari, Planet Fitness, Cinemark and more
These are the stocks posting the largest moves in premarket trading.