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Yearly Archives: 2023

Countries agree to deal at COP28 climate summit

COP28 president Sultan Ahmed Al Jaber speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo on December 1, 2023. Ludovic Marin | Afp | Getty Images Government ministers representing nearly 200 countries on Wednesday agreed …

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Bank of England set to hold interest rates as economists debate 2024 cuts

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 of England is all but certain to keep its main interest rate unchanged at 5.25% for a third consecutive meeting …

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Samsung and ASML to build an advanced chip plant in South Korea

Dutch manufacturer of chip-making equipment ASML will jointly invest 1 trillion South Korean won ($760 million) with South Korean chipmaker Samsung Electronics to build a plant that develops cutting-edge semiconductor processing technology in South Korea. The announcement came as South Korean President Yoon Suk-yeol is in the Netherlands for a …

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‘We have a long way to go’ on U.S.-China business relations

In a Tuesday interview with CNBC’s Jim Cramer, U.S. Secretary of Commerce Gina Raimondo said there is a long road ahead to improve the economic relationship between the U.S. and China. She discussed President Joe Biden’s November meeting with Chinese President Xi Jinping, saying the two leaders took a step …

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See the top 20 list

Paris is, once again, the best city to visit in the world, according to Euromonitor International. The city topped the market research company’s annual list of the “Top 100 City Destinations” which compares cities using 55 metrics across six categories: economic and business performance, tourism performance, tourism infrastructure, tourism policy …

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Mike Novogratz won’t help Joe Biden, will back Dean Phillips

Mike Novogratz, CEO of Galaxy Investment Partners (L) and President Joe Biden (R). CNBC | Reuters Veteran investor and longtime Joe Biden supporter Mike Novogratz is switching sides to fundraise for Rep. Dean Phillips, D-Minn., the president’s long shot primary opponent. Novogratz, the CEO of cryptocurrency-focused Galaxy Investment Partners, will …

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Most affordable places to retire in 2024

If affordability is a top priority on your retirement destination wish list, you may want to consider Ohio as a potential locale. Youngstown, Ohio, ranks as the most affordable place to retire in the U.S., according to U.S. News and World Report’s November study. The outlet analyzed the 150 largest …

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Netflix releases viewing stats for nearly all titles for first time

Rege-Jean Page and Phoebe Dynevor star in Netflix’s “Bridgerton.” Netflix Creators rejoice: Netflix is finally revealing viewership statistics about nearly all of its shows and movies. Netflix released its first “What We Watched” report Tuesday, which ranks almost all of its shows and movies by amount of hours viewed over …

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OpenAI nonprofit arm $45,000 in 2022 revenue, company worth billions

Sam Altman, CEO of OpenAI, during the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023. David Paul Morris | Bloomberg | Getty Images OpenAI is valued by private investors at $86 billion, due in part to the popularity of ChatGPT. But if you’re looking for a …

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Here’s how to harvest long-term capital gains at 0% for 2023

Westend61 | Westend61 | Getty Images If the current stock market rally added profits to your portfolio, a lesser-known strategy could help rebalance your assets or reduce future taxes. The strategy, known as tax gain harvesting, allows you to leverage lower earning years by strategically selling profitable brokerage account assets. …

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