Finance

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China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok,…
China’s Li urges not to turn trade into a political or security issue

China’s Li urges not to turn trade into a political or security issue

Chinese Premier Li Qiang spoke at the World Economic Forum’s annual “Summer Davos” event in 2024, which was held in…
Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more

Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more

Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter…
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary…
Watch Fed Chair Powell testify live on interest rate policy before House committee

Watch Fed Chair Powell testify live on interest rate policy before House committee

[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player…
Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more

Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more

Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating…
Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in…
Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle

Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle

A Rolls-Royce Spectre all electric luxury coupe is displayed at Rolls-Royce Motor Cars dealership showroom in London. John Keeble |…
Fed Chair Powell speaks on Capitol Hill this week with politics front and center

Fed Chair Powell speaks on Capitol Hill this week with politics front and center

Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin…
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