CNBC
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'Glitch' at Ethiopia's biggest bank sees customers withdraw millions that isn't theirs
Ethiopia's largest bank is struggling to recoup funds after a glitch over the weekend allowed customers to withdraw millions of dollars, according...
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Japan bucks private equity slowdown in Asia-Pacific with deal value soaring 183% last year
Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.
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Two fresh ways to play the weight loss and megacap tech hype
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks.
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'Gray divorce' has doubled since the '90s — and the financial risk is high for women
Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.
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Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia
Sovereign wealth funds and other investors are jostling to buy into an Anthropic stake. But the company has ruled out taking any Saudi money.
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Immigration is boosting the U.S. economy and has been 'really underestimated,' says JPMorgan research head
Joyce Chang, chair of global research at JPMorgan, said the recent influx of immigration — and its economic benefits — had been "really...
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TikTok aside, Congress has its eye on the U.S. money going into China
Greater Congressional scrutiny on U.S. investments into China means any new rules or restrictions may outlast presidential terms and become part of...
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Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday released its decision on interest rates following its two-day policy meeting.
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Fed raises GDP and inflation outlook, while keeping rate cut forecast
The Federal Open Market Committee's March projections for rate cuts shows a median Federal funds rate of 4.6% in 2024, versus 5.25%-5.50% today.
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Bank of England set to hold rates, but falling inflation brings cuts into view
The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will...