Finance

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT Federal Reserve Chairman Jerome Powell fist bumps Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, U.S., December 2, 2020. Greg Nash | Reuters

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT Shares of struggling New York Community Bancorp. fell more than 40% on Wednesday amid reports that the regional bank is seeking a cash infusion. Reuters and The Wall Street Journal reported on Wednesday that the bank was looking to outside investors for cash to shore

A securities business hall in Fuyang, China, in December 2023. Costfoto | Nurphoto | Getty Images BEIJING — China’s top securities regulator vowed to “strictly” crack down on market manipulators, while stating that protecting small investors was a “core task.” The question of fairness, especially in a market dominated by smaller investors, is our core

Jerome Powell, chairman of the US Federal Reserve, during a House Financial Services Committee hearing in Washington, DC, US, on Wednesday, June 21, 2023. Nathan Howard | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell heads to Capitol Hill Wednesday with markets intent on getting more clarity about how the central bank plans on

Monzo CEO TS Anil. Monzo British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services in the U.S. Monzo raised the money in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet. HongShan, the Chinese venture capital firm

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank may have to pay more to retain deposits after one of the company’s key ratings

British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay | Reuters LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday. Heading into what will

In this article Follow your favorite stocksCREATE FREE ACCOUNT The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. “The exchange-traded fund is essentially one of the most

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images Shares of New York Community Bancorp fell 18% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its

Fotostorm | E+ | Getty Images “Ghosting” isn’t just a dating phenomenon: It has grown more common at the workplace, too. And that unreliable behavior risks reputational harm to employers and job seekers, said career experts. The concept of ghosting — abruptly and unexpectedly ceasing communication with someone (i.e., disappearing) — arose around the mid-2010s

Chinese automaker Geely unveils first model of its new Lynk & Co brand in Berlin.  Ullstein Bild Dtl. | Ullstein Bild | Getty Images BEIJING — Companies from Nvidia to Huawei are chasing the market for in-vehicle tech as the electric car industry booms, with Ecarx emerging as a new contender. Since 2017, Chinese car

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Paramount Global missed revenue expectations for the fourth quarter Wednesday but posted a surprise quarterly profit and posted strong results from its streaming platform Paramount+. Here’s how Paramount performed in the fourth quarter compared to Wall Street estimates from LSEG, formerly known as

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market. “We

A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China is beefing up national security measures by

Watch out, Ivies, there’s a new endowment performer in town. Baylor University’s $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Harvard’s endowment, the largest at $50.7 billion, returned 2.9%. What’s more, Baylor’s annualized return

Brandon Bell | Getty Images News | Getty Images A handful of airlines — Alaska Airlines, American Airlines, JetBlue Airways and United Airlines — have raised their fees for checked bags this year. But if you plan ahead, such fees are easy to reduce or avoid altogether. On Friday, United raised its fee to $40

In this article DFS COF JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover Financial gets approved. “My view is, let them compete,” Dimon said. “Let them try, and if we think it’s unfair,

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don’t count JPMorgan Chase CEO Jamie Dimon among them. The Wall Street titan told CNBC’s Leslie Picker on Monday that AI is not just a passing fad and

In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend. Berkshire class B shares jumped