Home / 2023 / February (page 22)

Monthly Archives: February 2023

UK stock index FTSE 100 closes above 8,000 for the first time

An employee views a FTSE share index board in the atrium of the London Stock Exchange Group Plc’s offices in London, U.K., on Thursday, Jan. 2, 2020. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s FTSE 100 index closed above 8,000 points for the first time on Thursday, with …

Read More »

Singapore sees worst NODX in decade, gloomy outlook for demand lingers

“Singapore’s external sector had another very tough month in January, and we doubt this marks the bottom,” an economist said. Picture Alliance | Picture Alliance | Getty Images Singapore’s non-oil domestic exports plunged 25% year on year in January — their largest drop in 10 years. Government data showed Singapore’s …

Read More »

Markets fall on hot economy, chance of 0.5% rate hikes

James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings …

Read More »

China Renaissance shares plunge after it says founder Bao Fan is missing

Bao Fan, founder and chief executive officer of China Renaissance, speaks at a conference in California in 2016. Bloomberg | Bloomberg | Getty Images BEIJING — Prominent Chinese investment banker Bao Fan is missing, his company China Renaissance Holdings said late Thursday. China Renaissance said it “has been unable to …

Read More »

Many workers still aren’t making enough to get by

Twenty-three states and Washington, D.C., raised their minimum wage in January. Four more states are poised to do so later this year. Depending on location, new wages range from $9.95 per hour in Montana to $16.10 per hour in D.C. While the federal minimum wage has remained stagnant at $7.25 …

Read More »

Real estate broker Matija Pecotić beats ex-top 10 tennis player

Matija Pecotić has to dip into his vacation days to support his side hustle. But the real estate director’s extra gig isn’t selling T-shirts or doing online consulting. Instead, he plays tennis before work every day to maintain his skill and love for the sport. On Tuesday, those early morning …

Read More »

Dropbox has $175 million real estate loss in 2022 for San Francisco

Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier 48 on September 25, 2019 in San Francisco Matt Winkelmeyer | Dropbox | Getty Images Dropbox made splashy headlines in 2017, when the software company signed the biggest office lease ever in San Francisco, securing …

Read More »

Tim Berners-Lee thinks we will have our own AI assistants like ChatGPT

Through their company Inrupt, Sir Tim Berners-Lee, the inventor of the World Wide Web, and John Bruce, are trying to change the future of the internet. Their vision is a future where users have more control over their data. Sam Barnes | Sportsfile | Getty Images More control over your …

Read More »

Cryptocurrency is ‘crazy, stupid gambling’

Billionaire investor Charlie Munger isn’t a fan of cryptocurrency. The Berkshire Hathaway vice chairman called the form of virtual currency “worthless” during Wednesday’s annual shareholder meeting of the Daily Journal Corporation, a publishing company where he’s a director. “Sometimes I call it crypto ‘crappo,’ sometimes I call it ‘crypto s—.’ …

Read More »

Markets fall on hot economy, chance of 0.5% rate hikes

James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings …

Read More »