Jakub Porzycki | Nurphoto | Getty Images Bitcoin extended recent gains and climbed to another record to start the week. The price of the flagship cryptocurrency was last higher by 4% at $72,492.42, according to … Read more
Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg | Bloomberg | Getty Images AirAsia … Read more
In his State of the Union address, President Joe Biden celebrated his administration’s progress in the fight against inflation. “Wages keep going up and inflation keeps coming down,” Biden said in the annual speech before Congress. Inflation has cooled while wages have ticked higher, but … Read more
Delmaine Donson | E+ | Getty Images Health savings accounts offer perhaps the best tax perks relative to other investment accounts. But most account holders use them in a way that dilutes their benefits, data … Read more
Investors searching for a regular stream of income can give their portfolios a boost by adding attractive dividend stocks. Given the large universe of dividend-paying companies, it can be difficult for investors to conduct an … Read more
Yousef Gamal El-Din | CNBC Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency. The steps were meant to … Read more
Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of … Read more
China’s real estate sector has employed many construction workers, who typically live in temporary housing nearby. Bloomberg | Bloomberg | Getty Images BEIJING — China’s struggling real estate developers won’t be getting a major bailout, … Read more
The Covid-19 pandemic is expected to cause a drastic decline in cash usage due to the risk of contamination. “Over the past six to eight months, we’ve seen the use of cash decline even further, … Read more
Occidental Petroleum on Monday agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The deal is latest in a spate of consolidation in the U.S … Read more