U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress in the House Chamber of the U.S. Capitol in Washington, U.S., March 7, 2024. Elizabeth Frantz | Reuters President Joe Biden on Saturday signed a $460 billion spending bill into law, averting a partial government shutdown that would … Read more
The top holdings of many ESG funds may be surprisingly familiar. While these strategies consider a company’s environmental, social and governance factors, these funds still aim to invest in top performers across industry groups, DWS Group’s Arne Noack explained. “The idea isn’t to be super concentrated and only select a handful of stocks that do … Read more
CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images A new day, a new all-time high. From stocks to bitcoin, asset classes across the board have been hitting uncharted territories. Why? There are a few reasons … Read more
Scanning QR codes with a mobile pay app has become the most common way to pay in mainland China. Bloomberg | Bloomberg | Getty Images BEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, the app operator said Friday. … Read more
Huawei’s Aito electric cars are manufactured by Seres in Chongqing, China. China News Service | China News Service | Getty Images BEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for … Read more
CNBC’s Jim Cramer on Thursday opined on the economy, remarking on the country’s sizeable wealth gap using a “chip” analogy. He said wealthy investors and businesses are devouring microchip companies while the cash-strapped consumer balks at the inflated cost of food items like potato chips. “The bottom line is that the paths of the people … Read more
Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters BEIJING — China’s top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing’s support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more
CNBC’s Jim Cramer on Wednesday said artificial intelligence is going to be essential to big market rallies over the next few years. “This technological revolution is crossing all barriers, even potentially becoming the heart of our national security apparatus, so we’d be like ostriches with our heads in the sand if we don’t address it,” … Read more
Wu Qing, Chairman of the China Securities Regulatory Commission, answers a question at a press conference during the second session of the 14th National People’s Congress (NPC) in Beijing on March 6, 2024. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images) Wang Zhao | Afp | Getty Images BEIJING — … Read more
