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…
Bitcoin is up 12% this month — even though barely anybody is trading it
Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has…
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 —…
Bank of England surprises with 50 basis point rate hike to tackle persistent inflation
LONDON — The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its…
