CNBC
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New York Community Bank’s online arm is paying the nation’s highest interest rate
NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a...
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China needs a narrative that house prices are going to rise, Nomura's Koo says
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
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Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
In his letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon chose AI as the first topic among issues facing the biggest U.S. bank...
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Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen wrapped up the fourth and final full day of her trip to China on Monday.
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Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year.
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New ETF looks to profit from municipal bonds
BondBloxx aims to maximize after-tax returns with its new ETF, the IR+M Tax-Aware Short Duration ETF (TAXX).
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Fed Governor Bowman says additional rate hike could be needed if inflation stays high
Bowman said that it's possible more hikes could be needed, rather than the cuts the market is expecting.
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Free trade flaws fueled Trump's rise in 2016 — and the problems remain, top economist says
Decades of trade deficits and a strong dollar created too many "losers" in the U.S. economy who turned to Donald Trump's protectionist policies,...
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China's Nio to expand battery swap services to gain an edge on EV infrastructure
Battery swapping takes only a few minutes and is expected to better address consumers' driving range concerns.
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'Biggest mistake' bond investors may make ahead of Fed rate cuts
Experts advise taking advantage of opportunities in fixed income while yields are still high.