Finance News
Montana lawmakers pass bill to ban TikTok

[ad_1] TikTok logo displayed on a cellphone. Hyoung Chang | Denver Post | Getty Images Montana legislators approved a bill on Friday that would ban TikTok from being offered in the state in a 54-43 vote. The bill, SB 419, now goes to Montana Republican Governor Greg Gianforte for approval. TikTok, which is owned by […]

Updated: Apr 14, 2023
Greater China’s young living paycheck to paycheck

[ad_1] Eric Hsu remembers a time when he was 10 days away from payday and had just $32 left. He had no savings. “I used the remaining money I had to buy loaves of white bread and I ate that for all three meals until my pay came in,” he told CNBC Make It. “Sometimes […]

Updated: Apr 13, 2023
Bitcoin tops $30,000 for the first time since June

[ad_1] Bitcoin climbed on Monday evening, topping the key psychological level of $30,000 as investors awaited key inflation data later in the week that could steer crypto prices. The largest cryptocurrency by market cap rose 7% to $30,193.25 for the first time since June, according to Coin Metrics. Ether advanced more than 3.5% to $1,925.11 […]

Updated: Apr 11, 2023
Israel hits Syria after rockets fired on Golan Heights

[ad_1] Israeli soldiers take part in a military exercise near Moshav Kidmat Tsvi in the Israeli-annexed Golan Heights on April 3, 2023. Jalaa Marey | AFP | Getty Images Israel fired rockets at Syria early on Sunday in retaliation for launches against Israeli-controlled territory, the military said, as tension along Israel’s northern border remained high […]

Updated: Apr 9, 2023
Tesla nominates ex-CTO JB Straubel to board of directors

[ad_1] JB Straubel, Tesla Motors’ former chief technical officer, speaks during a ribbon cutting for a new Supercharger station outside of the Tesla Factory on August 16, 2013 in Fremont, California. Justin Sullivan | Getty Images Tesla has nominated JB Straubel, the CEO and founder of e-waste recycler Redwood Materials, to its eight-member board of […]

Updated: Apr 7, 2023
Investing in low-risk funds with 4% returns

[ad_1] Investors seeking safety and attractive yields are rushing into money market funds at record levels. The funds invest in very short-term bonds issued by governments and investment-grade companies that carry low risk. A new report from Bank of America shows that $18 billion per day on average was moved into money market funds since […]

Updated: Apr 5, 2023
Analysts’ favorite mining and metal shares

[ad_1] The demand surge in metals such as copper, nickel and lithium “has only just begun,” according to Goldman Sachs. In fact, the bank said “green demand” is dominating fundamentals and is underappreciated by the market currently. “Already, the acceleration of investment in electric vehicles, renewable power generation and energy storage has helped metals demand […]

Updated: Apr 3, 2023
Fox motions rejected, Dominion lawsuit can go to trial

[ad_1] A Delaware judge on Friday said Dominion Voting’s $1.6 billion defamation lawsuit against Fox Corp. and its networks could go to trial in April. Judge Eric Davis of Delaware’s Superior Court rejected Fox’s arguments that it should bypass a trial since it’s protected by the First Amendment. The judge granted some of the voting […]

Updated: Mar 31, 2023
Goldman names 2 global tech firms it says are set to benefit in India

[ad_1] India has a massive plan to boost manufacturing — and technology firms in Greater China will be a key beneficiary, according to Goldman Sachs. The investment bank called the plan, known by its Production-Linked Incentive Schemes, as a “substantial opportunity” for Greater China tech firms. The initiative incentivizes foreign companies to start manufacturing in […]

Updated: Mar 30, 2023
Asia private equity 2022 deals fell 44%; uncertainty ahead

[ad_1] Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and geopolitical tensions, according to Bain & Company. The total deal value for the region plunged by 44% to $198 billion in 2022, the global management and consulting firm said in a Tuesday report. That’s […]

Updated: Mar 28, 2023