Images By Tang Ming Tung | Digitalvision | Getty ImagesActively managed exchange-traded funds are a growing trend in the investment space.To that point, investors have pulled money from active mutual funds and sought out actively managed ETFs in recent years. Investors yanked about $2.2 trillion from active mutual funds from...
Category: Finance
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING โ President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a...
The founder of the biggest gold ETF is still bullish 20 years later
The founder of the first gold-tracking ETF is still bullish on the commodity two decades later."Things are looking good for the rest of this year and for next year," George Milling-Stanley told CNBC's "ETF Edge" this week.The State Street chief gold strategist highlighted demand from both central banks and individual...
Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch
Pictured here is an AI-generated clip from Vidu's website. The tool can create videos from text or image prompts.Evelyn Cheng | CNBCBEIJING โ Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining images.Vidu already allows users worldwide...
Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. David Swanson | ReutersMinneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump's tariff proposals could worsen long-term...