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Economy
admin October 31, 2024

Ray Dalio concerned about America postelection: ‘Both candidates worry me’

Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape rife with what he views as irreconcilable differences between both Democratic and Republican parties.Speaking at the...

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Finance
admin October 30, 2024

Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

Chinese autonomous driving company WeRide listed on the Nasdaq on Friday, Oct. 25, 2024.China News Service | China News Service | Getty ImagesBEIJING โ€” Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise...

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Economy
admin October 30, 2024

Consumer confidence surges as election nears, while job openings move lower

Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to separate reports released Tuesday.The Conference Board's consumer confidence index for October rose more than 11% to a reading of 138, its biggest one-month acceleration since March 2021....

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Wealth
admin October 29, 2024

Private jet flights are down 15% in two years as Covid-era demand wanes

A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12, 2024, in Arlington, Virginia.J. David Ake | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor...

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News
admin October 29, 2024

Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT โ€” Ford Motor guided to the low end of its previously announced 2024 earnings forecast as it slightly topped Wall Street's third-quarter expectations.The Detroit automaker said Monday...

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