Author: admin

(Bloomberg) — Global CEOs including Qualcomm Inc.’s Cristiano Amon and Saudi Aramco’s Amin Nasser will travel to Beijing for an annual gathering of top executives, people familiar with the matter say, with some expected to meet top leaders like President Xi Jinping. Most Read from Bloomberg Plans are being made for the chief executive officers to meet Xi on March 28, according to the people, who asked not to be identified discussing the sensitive issue. They added that the details are subject to change. Figures who have attended the China Development Forum in the past, such as Blackstone Inc.’s Steve…

By Anjana Anil (Reuters) – Gold firmed on Monday after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the U.S. Federal Reserve continued to fuel safe haven demand. Spot gold rose 0.1% to $2,986.53 an ounce, as of 0307 GMT. Bullion rose above the $3,000/oz milestone to notch a record high at $3,004.86 on Friday. U.S. gold futures eased 0.2% to $2,994.60. “The recent rally in gold has been driven by stagflationary fears,” said Kelvin Wong, senior market analyst, Asia Pacific, at OANDA, adding that…

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The end of the first quarter is nearing, and President Trump just passed the 50-day mark in his second tour at the White House. It’s safe to say this will be a face-ripping year for investors. More volatility in markets. More earnings misses and warnings. More negative economic surprises. More stock rating downgrades. And trades that have worked amazingly well in the past few years (looking at you, Nvidia (NVDA)) not working so amazingly anymore. Watch: Why Lego’s…

Chuck E. Cheese wants you to stop by as frequently as you pick up groceries, and it’s selling subscription plans to sweeten the pitch.The 47-year-old pizzeria and arcade chain has emerged from bankruptcy with renovated locations, a slew of digital upgrades and a membership program that it hopes will prove both affordable and habit-forming. The goal isn’t to be just someplace to take your kids once or twice a year for birthday parties. It’s to turn Chuck E. Cheese into a routine recreational option that can compete with Netflix and the neighborhood playground alike.“For us to win this game, we…

A version of this post first appeared on TKer.co The stock market is a discounting mechanism, which means its price reflects expectations for the future, and its price fluctuations reflect the market’s attempt to factor in changes to those expectations. Believe it or not, in a given moment, the stock market does not care too much about the present state of things. That’s because expectations for the present will have been priced into the market days, weeks, and months in the past. That is to say, the stock market reacts to news to the degree the new information 1) is…

The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump administration works to drastically limit its operations. Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked with ensuring banks, lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of the subprime mortgage crisis that led to its…

The latest installment of HBO’s “The White Lotus” has viewers wishing they were also poolside, soaking in the tropical scenery. In the days before and after the show’s season three premiere, CNBC reported that social media chatter about traveling to Thailand was up 60%.Throughout the show’s run, a Four Seasons property has been the backdrop for the cast of characters’ luxurious, and drama-filled vacations — first in Maui, then Sicily and now Koh Samui.Now, the Four Seasons is offering travelers the chance to experience life at “The White Lotus” for themselves.In February, the luxury hotel company announced a private jet experience called…

Girls just want to have funds, to paraphrase the Cyndi Lauper tune. Cary Carbonaro, a certified financial planner and the author of the new book “Women and Wealth,” knows all about that. Her decades of being a sherpa for women in the male-dominated financial services field serves as the backdrop for this book, which is aimed at teaching her colleagues about the psychology behind women’s financial mojo and the best ways to attract and retain female clients. It’s also flush with insights and strategies for individual women working to take control of their money lives. I know firsthand what it’s…

Just one month remains in the 2025 tax filing season before the April 15 deadline. As of March 7, the Internal Revenue Service (IRS) has received fewer returns than in the same period in 2024, but the average refund is 5.7% higher, according to IRS data. Despite larger checks going out, tax season can be especially stressful. One survey from Intuit Credit Karma and Qualtrics found that nearly a third of workers want to cry just thinking about filing their taxes. To mitigate some of these worries (and tears), Yahoo Finance asked professional advisers about their top tips and reminders…

(Bloomberg) — Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies. Most Read from Bloomberg “I’ve been in the investment business for 35 years, and I can tell you that corrections are healthy, they are normal,” Bessent said Sunday on NBC’s Meet The Press. “I‘m not worried about the markets. Over the long term, if we put good tax policy in place, deregulation and energy security, the markets will do great.” The selloff that…