Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds.
China-EU relationship is at a crossroads, top official says in Beijing
China’s relationship with the European Union needs to change, as the bloc’s trade chief asks for more openness and fairness from Beijing.
‘Who should I hire? Will I get rich?’ Fortune telling is a booming business in Singapore
From wealth, to weddings, and who to work with, more and more people are turning to fortune telling in Singapore.
China’s cutthroat competition hasn’t been lost with the slowdown. EV companies fighting to win
At least six Chinese electric car companies made product announcements in the last week.
IRS to target ‘unscrupulous’ tax preparers amid crackdown of small business tax credit
The IRS has unveiled plans to crack down on tax preparers with “questionable practices” as it elevates scrutiny of a small business tax credit.
Apple closes little changed as new iPhone is released. How to play the stock
Pros on CNBC debated Apple after the company launched its highly anticipated iPhone 15 on Friday.
Stocks making the biggest moves midday: Ford, Scholastic, Squarespace, Deere and more
These are the stocks posting the largest moves in midday trading.
Passport delays are still long: Apply at least 6 months ahead of travel, says State Department
Record-high demand for passports has led to backlogs that haven’t eased since the spring.
Credit card losses are rising at the fastest pace since the Great Financial Crisis
Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.
Two key Fed officials express support for keeping interest rates high
The central bank official said there’s still the possibility that the Fed will have to raise rates further if economic data doesn’t cooperate.