The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. “We will watch currency market developments
CNBC Pro Talks is hitting the road once again. This Wednesday at London Business School, CNBC’s Steve Sedgwick will ask two market experts where’s best to invest right now. Are U.S. or European stocks a better bet? Is a hard landing still in the cards? When will interest rates finally start to fall? And how
Maria Korneeva | Moment | Getty Images Those changes have already led to debt cancelation for more than 930,000 people and $45 billion in relief. “The opportunity to consolidate loans will help many more borrowers to qualify for student loan forgiveness,” said higher education expert Mark Kantrowitz. Here’s what to know about the deadline. Income-driven
The line between hedge funds and retail investors has begun to blur in recent years, and a new ETF is further bridging the divide. The Opportunistic Trader ETF, trading under the ticker “WZRD,” launched on Wednesday and quickly surpassed $15 million in assets. The fund is run by Larry Benedict, who was one of the
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks. In health care, Roundhill Investments is getting ready to launch a fund that focuses on the companies behind GLP-1 drugs. Dave Mazza, the firm’s chief strategy officer, expects to have more information on the fund’s debut
The money will help “leading-edge semiconductors made in the United States” keep “America in the driver’s seat of innovation,” U.S. Secretary of Commerce Gina Raimondo said on a call with reporters. Intel and the White House said their agreement is nonbinding and preliminary and could change. Intel has long been a stalwart of the U.S.
Chinese national flags flutter at Tian’anmen Square ahead of the annual two sessions on Feb. 29, 2024 in Beijing, China. New bank lending in China fell more than expected in February from a record high the previous month, even as the central bank seeks to spur sluggish economic growth and fight deflationary pressures. Vcg |
Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Bloomberg | Bloomberg | Getty Images The index factors in 100 indicators under five categories: business perception, economic fundamentals, financial services, institutional framework, and international standards and policy. Denmark ranked third on economic fundamentals which capture macroeconomic performance, workforce talent,
Some tax professionals are bracing for more crypto scrutiny as the IRS beefs up digital asset service, reporting, compliance and enforcement programs. Experts cover how to answer the “digital assets” question on your return, calculate crypto taxes and handle reporting. When you trade digital currency or sell it at a profit, it may be subject
Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley reacts while speaking about her husband, Maj. Michael Haley, who is currently deployed with the South Carolina National Guard, during a campaign stop at the Clemson University at Greenville ONE building ahead of the Republican presidential primary election in Greenville, South Carolina,