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China’s robotaxi push sparks concerns about job security for drivers

China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — and rattling taxi drivers who are worried about losing their jobs

Published 11 July 2024
Categorised as Finance News

Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’

Spot ether ETFs could hit the market as soon as this week, pending SEC approval, and Bitwise’s chief investment officer plans to get in on the action.

Published 10 July 2024
Categorised as Finance News

Stocks making the biggest moves after hours: WD-40 Company, Costco and more

See which stocks are posting big moves after the bell.

Published 10 July 2024
Categorised as Finance News

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

The June consumer price index will be released on Thursday, with traders eyeing September for the Federal Reserve’s first rate cut.

Published 10 July 2024
Categorised as Finance News

Stocks making the biggest moves midday: Intuit, AMD, LegalZoom.com, Baidu and more

These are the stocks posting the largest moves in midday trading.

Published 10 July 2024
Categorised as Finance News

Watch Fed Chair Jerome Powell testify live before the House financial services panel

The central bank chief is set for his second day of testimony on Capitol Hill.

Published 10 July 2024
Categorised as Finance News

States fighting wealth flight: Here’s what to know

CNBC’s Robert Frank joins ‘Squawk Box’ with a look at how wealth is moving around the country.

Published 10 July 2024
Categorised as Finance News

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The Federal Reserve raised rates aggressively to tame high inflation, supporting the U.S. dollar. Cutting rates may weaken it versus foreign currencies.

Published 10 July 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Taiwan Semiconductor, Tesla, Carvana and more

These are the stocks posting the largest moves in early trading.

Published 10 July 2024
Categorised as Finance News

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors.

Published 10 July 2024
Categorised as Finance News

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