Investing News

Investors seeking exposure to the Hong Kong stock market might consider exchange-traded funds (ETFs). Historically, Hong Kong has thrived as a global financial center and capitalist economy, and it largely has continued to do so since it became a semi-autonomous region of China in 1997. But during the past two years, Hong Kong’s democratic government

Barry Silbert, Founder and CEO, Digital Currency Group  David A. Grogan | CNBC Digital Currency Group is selling shares to SoftBank and Google’s venture capital arm in a deal that values the crypto conglomerate at more than $10 billion.  The Manhattan-based, private company announced a secondary round on Monday, in which existing investors are selling

In this article BRK.A Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Charlie Munger’s architectural design for a new, large dormitory at the University of California, Santa Barbara is getting attention after an architect on the school’s Design Review Committee quit because he thinks it

Suppose you’ve contributed the allowable maximum to your Roth IRA for the year but still have money left over to stash away for retirement. That’s a problem a lot of people probably wish they had. And never fear—there are plenty of other good places to put your money. While it’s hard to top the tax-deferred

Strauss Zelnick, CEO of Take Two Interactive. Adam Jeffery | CNBC The third-quarter earnings season has come with plenty of stunning beats — and a few notable disappointments. Investors now face a daunting question: Which companies will carry their success into subsequent quarters? For instance, Tesla has been leading the pack on the green tidal

In this article CFX thianchai sitthikongsak | Moment | Getty Images Company: Colfax Corp. (CFX) Business: Colfax is a global diversified technology company. The company operates in two segments: (i) Fabrication Technology: consumable products and equipment, including cutting, joining, and automated welding products, as well as gas control equipment; and (ii) Medical Technology: medical device

The deposit multiplier, or simple deposit multiplier, refers to the amount of cash that a bank must keep on hand in order to meet the reserve requirement. The maximum amount of checkable deposits, or deposits in demand deposit accounts against which checks may be written, a bank creates through loaning money cannot exceed the amount

In this article GS Rafael Henrique | SOPA Images | LightRocket | Getty Images Goldman Sachs has begun giving its institutional trading clients research reports from crypto news and data firm The Block. Hedge funds and other clients began receiving the reports on Thursday via the investment bank’s Marquee digital platform, according to an email

In this article GME A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021. Carlo Allegri | Reuters One of the GameStop‘s newly hired top executives stepped down this week as the video game retailer continues its digital transition. Chief operating officer Jenna Owens has

Japan has experienced a period of deflation and low economic growth since its economic bubble burst in the early 1990s. The second Shinzo Abe administration, which took office in 2012, used the three pillars of “Abenomics” to try to revive the economy. These three pillars include an aggressive monetary policy, a flexible fiscal policy, and

In this article AAPL Halfway through third-quarter earnings season, and there are two key catalysts:  Demand is strong. Cost inflation and supply-chain issues are the main headwind, but companies are learning to navigate through them.  In some cases, supply chain disruption has taken a serious toll. Apple CEO Tim Cook said supply chain issues had cost

Located far away from the hustle and bustle of many of the busiest cities of the world, the Caribbean region is known as one of the world’s top vacation destinations. With as many as 43.7 million residents as of 2021 and more than 7,000 individual islands (plus 13 sovereign states and 12 dependencies), the Caribbean

As of 2021, there are reportedly 2,755 billionaires on Earth, with an estimated total net worth of $13.1 trillion. Of this amount, the top 10 wealthiest people in the world account for $1,153 billion, or roughly 8.8%, which is impressive when you consider that they represent around 0.36% of billionaires. Below are the 10 individuals

In this article TSLA Major Tesla investor Ron Baron told CNBC on Wednesday that he’s made $6 billion on his investment into the electric automaker and plans to remain a shareholder for at least another ten years. At more than $1,000 as of Wednesday, Baron’s namesake investment firm, Baron Capital, holds almost 6 million Tesla

Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies

What’s wrong with the American tax system? Depending on their perspectives, taxpayers complain about a wide range of features. However, a recent study by the Pew Research Center reveals that a majority express a concern that the system is unfair. They believe that it often requires low- and middle-income individuals to pay taxes on a

In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband

When Social Security was introduced in 1935, it was never intended to be a primary income source that could support people in retirement. Rather, its sole purpose was to provide a safety net for people who were unable to accumulate sufficient retirement savings. For the next several decades, the majority of Americans never gave much

In this article WFC A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto Chris Helgren | Reuters Wells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned. The assistant, named Fargo, will be able to execute tasks including

The S.C. Johnson family was last estimated to have a net worth of $30 billion, placing it among the wealthiest families in the United States. Samuel Curtis Johnson founded the company in 1886 after acquiring a parquet flooring company. This led to an expansion into floor wax and finishes. His son Herbert Fisk Johnson ran