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Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies

02.02.2023

Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies like China, saying a lack of …

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Finance

Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared

02.02.2023

A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank …

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Finance

Adani losses top $100 billion in wake of Hindenburg Research report

02.02.2023

Signage of Adani Group at company’s gas station in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Bloomberg | Bloomberg | Getty Images India’s Adani conglomerate deepened market losses to exceed …

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Finance

Deutsche Bank shares slip despite profit beat as traders look to uncertain outlook

02.02.2023

A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight …

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Finance

A potential U.S. ban on investment in Chinese tech could hurt these sectors

02.02.2023

The Biden Administration has said the U.S. is in competition with China and restricted the ability of American businesses to sell high-end chip tech to China. Bloomberg | Bloomberg | …

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Finance

Here’s everything the Fed is expected to do Wednesday

01.02.2023

Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building …

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Finance

Britain sets out plans to regulate crypto industry in wake of FTX collapse

01.02.2023

British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The U.K. formally laid out …

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Finance

Stocks making the biggest moves after hours: Snap, Electronic Arts, Advanced Micro Devices and more

01.02.2023

Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | …

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Finance

Stocks making the biggest moves midday: GM, McDonald’s, UPS, Pulte, International Paper and more

01.02.2023

General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, …

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