Veteran investor David Roche says a credit crunch is coming for ‘small-town America’
The banking turmoil of March, when several U.S. lenders collapsed, will lead to a credit crunch for “small-town America,” veteran strategist David Roche says.
Financial News
Germany, Poland and others are pushing for new sanctions on Russia’s nuclear energy
Germany, Poland are pushing for sanctions on Russia’s nuclear energy as the EU looks at new ways to hurt the Kremlin’s revenues amid Moscow’s invasion of Ukraine.
The EU’s divided approach on China might be coming to an end — and the U.S. is unlikely to be happy about it
European Union officials on Tuesday called for a new and joint approach toward China, in a move that is unlikely to please the United States.
Sweden’s economic gloom goes from bad to worse as government predicts steeper GDP contraction
The Swedish government predicted 2023 would be a “gloomy” year for the country, but new GDP expectations present a worse outlook than previously expected.
These are the tech jobs most threatened by ChatGPT and A.I.
Workers are already worried about layoffs in tech. Now artificial intelligence chatbots like ChatGPT are amplifying those fears.
Macron’s unpopular plan to raise pension age is signed into law as nationwide protests rage on
France’s Constitutional Council on Friday approved President Emmanuel Macron’s controversial raising of the retirement age.
Fears mount that Europe’s commercial real estate sector could be the next to fall
Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow.
Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into finance
Starting Thursday, Twitter will give users the option to buy and sell stocks and other assets from eToro, the company told CNBC exclusively.
Bitcoin is one year away from a major technical event. History suggests the start of another bull run
Bitcoin is up 80% since the start of the year. History shows the cryptocurrency tends to do well in the run-up to its so-called “halving.”
IMF cuts GDP forecasts, says global economy heading for weakest growth since 1990
The IMF said that five years from now, global growth is expected to be around 3% — the lowest forecast in a World Economic Outlook for over 30 years.