What you need to know about Saturday’s highly anticipated Trump-Xi meeting
President Donald Trump and Chinese President Xi Jinping on April 6, 2017. Carlos Barria | Reuters U.S. President Donald Trump and Chinese President Xi Jinping are poised to write the latest chapter in their globe-shaking trade war when they meet...
The Middle East and Africa have ‘huge upside’ in digital transformation: Abu Dhabi Global Market
The Middle East and Africa have seen many changes in terms of digital transformation, but there’s still “huge upside,” and financial technology firms are looking for opportunities there, according to a financial services regulator in the region. “Compared to a...
JP Morgan, Goldman and others boost dividends and buybacks after passing Fed stress test
Pedestrians walk in front of the JPMorgan Chase headquarters building in New York. Scott Mlyn | CNBC Big U.S. banks are showering investors with fatter dividends and share repurchases after passing the Federal Reserve’s annual stress tests. Goldman Sachs boosted...
Stocks making the biggest moves midday: Conagra, Boeing, Nordstrom, KB Home & more
In the Pinnacle Foods deal, Conagra gained brands such as Birds Eye, Hungry-Man, Aunt Jemima Frozen Breakfast, and Armour brand frozen foods. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Thursday: Howard Hughes —...
Indonesian unicorn Bukalapak looks to possible expansion into the Middle East
People using their mobile phones on July 17, 2016 in Surakarta, Indonesia. Solo Imaji | Barcroft Media | Getty Images Indonesian e-commerce platform Bukalapak has expanded into five overseas markets in Asia since its founding in 2010 — and the...
Bitcoin rallies 15% topping $13,000
Omar Marques | LightRocket | Getty Images Bitcoin rallied above the $13,000 level Wednesday, adding to its double-digit gains this week. The world’s first and largest cryptocurrency soared 15% to a high of $13,485.85 Wednesday afternoon — its highest level...
$300 billion tariff threat looming over the G-20 meeting between Trump and Xi
President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping on November 9, 2017 in Beijing, China. Thomas Peter-Pool | Getty Images President Donald Trump’s threat to impose punishing new tariffs on $300 billion in Chinese...
US core capital goods orders rebound; shipments increase
Washing machines and dryers stand in a Manhattan appliance store on September 19, 2018 in New York City. Spencer Platt | Getty Images New orders for key U.S.-made capital goods rose more than expected in May and shipments increased solidly,...
Trump says a US-China trade deal is possible, but he’s ‘happy where we are now’
President Donald Trump expressed optimism Wednesday for a trade deal with China but said he’s happy with the way things are going and is still considering putting tariffs on all Chinese imports. The president, in an interview with Fox Business,...
Weekly mortgage rates fall further, but only refinance applications rise
It’s almost as if falling mortgage rates are becoming hum-drum, at least for homebuyers. Total mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 40% higher than...
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