ECB chief economist warns markets against pricing in rate cuts within the next two years
European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the…
Wise shares spike 16% as higher interest rates help fintech triple profits
Online money transfer firm Wise’s shares soared 16% Tuesday as the company reported a spike in profits thanks to rising…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
Bricks over bytes: New hard asset ETF places big bet on real estate
A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…
Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal
Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to…
Warren Buffett’s charitable giving exceeds $50 billion, more than his entire net worth in 2006
Warren Buffett has made another annual donation to five foundations, boosting his total charitable giving to more than $50 billion —…
Bitcoin rallies to touch highest level since April as traders get bullish on ETF news
Bitcoin hit its highest level since April on Wednesday, as traders got excited about the prospects of a spot bitcoin…
4 ways ‘anchoring bias’ can hurt you financially
Humans use mental shortcuts in everyday life to help process information and make speedy decisions. But they can lead to…
House GOP retirement fund bill takes aim at ESG investing
House Republicans are continuing their attempt to pump the brakes on so-called “woke” investing with new legislation that could place…
