Finance

FBI: ‘Financial sextortion’ of teens is a ‘rapidly escalating threat.’ How parents can protect their kids

“Financial sextortion,” a type of cybercrime that targets teens and tweens, is on the rise. Reports of financially motivated sextortion…

This bond ETF will get the biggest bang for its buck in 2024, says VettaFi’s Rosenbluth

Long-term yields might be the best bond investment this year, according to one exchange-traded fund expert. “The iShares 20-year Treasury…

Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’

LONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided…

Top wealth manager Julius Baer caught in property write-off storm as CEO steps down

Swiss bank Julius Baer on Thursday reported hefty net credit losses tied to its exposure to real estate group Signa…

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…

U.S. companies say it’s harder to make money in China now than before the pandemic

BEIJING — More U.S. companies are finding it harder to make money in China than before the pandemic, raising concerns…