Daniel Swan, 26, started as an apprentice and now works full time as an HVAC technician in California. Courtesy: Lee’s Air For Daniel Swan, a 26-year-old father of two, it was simply a means to a well-paying job during an uncertain time. Armed with a technical degree, Swan joined an …

Securities and Exchange Commission chairman Gary Gensler on Wednesday proposed sweeping changes to federal regulations that would expand custody rules to include assets like crypto and require companies to gain or maintain registration in order to hold those customer assets. The proposed amendments to federal custody rules would “expand the scope” to …

Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3%, compared with expectations for a rise of 1.9%, the Commerce Department reported Wednesday. Excluding autos, sales increased 2.3%, according to the report, which is not …

A Deliveroo rider near Victoria station on March 31, 2021 in London, England. Dan Kitwood | Getty Images European venture capital firm Hoxton Ventures, a backer of some of the U.K.’s best-known tech unicorns, is set to lose one of its founding partners. Rob Kniaz, who co-founded Hoxton in 2013 …

A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. Joe Raedle | Getty Images After falling for five straight weeks, mortgage rates jumped last week, triggering a decline in mortgage demand. Total mortgage application volume fell 7.7% last week, compared with the …

David Solomon, Goldman Sachs, at Marcus event Goldman Sachs has dropped plans to develop a Goldman-branded credit card for retail customers, another casualty of the firm’s strategic pivot, CNBC has learned. Not long ago, CEO David Solomon told analysts that the bank was developing its own card, which would’ve made …

Men wearing military uniform walk along Red Square in front of St. Basil’s Cathedral in central Moscow on February 13, 2023. Alexander Nemenov | Afp | Getty Images The coming months will be critical in figuring out how Russia’s economy is holding up in the face of a new suite …

U.K. inflation data paints a picture of the British economy. Bloomberg / Contributor / Getty Images LONDON — The U.K. inflation rate fell for the third month in a row in January to hit 10.1%, below economists’ expectations, but high food and energy prices continued to put the pressure on British …

A man passes an electronic quotation board displaying the closing numbers of the Nikkei Stock Average at the Tokyo Stock Exchange in Tokyo on October 18, 2022. Kazuhiro Nogi | Afp | Getty Images BlackRock, the world’s largest asset manager, cut Japanese stocks to “underweight” – as Japan is set …

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee | Afp | Getty Images Indian billionaire Gautam Adani has downplayed the recent market volatility of Adani …