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Watch UK Finance Minister Rishi Sunak Announcing the Country's 2021 Budget
British Finance Minister Rishi Sunak is announcing the government’s public spending plans for the year.
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UK to Extend Furlough Scheme Until September as Government Vows to Use ‘Fiscal Firepower'
British Finance Minister Rishi Sunak will on Wednesday announce the extension of the country’s furlough scheme until the end of September
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Why Some Chinese Are Buying Local Electric Car Brands Like Nio — Instead of Tesla
CNBC spoke to some Chinese consumers and asked why they bought electric cars from Tesla competitors Nio, Li Auto and Xpeng.
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Japanese Billionaire to Fly Eight Members of the Public on SpaceX Moon Flight
Yusaku Maezawa announced he will choose eight members of the public to join him on a trip around the moon, scheduled to fly on SpaceX’s Starship in 2023.
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China Prepares for a Big Annual Meeting to Chart a Growth Strategy
The Chinese government is set to kick off an annual parliamentary meeting this week for approving national priorities for 2021.
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Most Investors ‘Just Aren't Prepared' for Surging Bond Yields, Fund Manager Warns
Stock markets wobbled last week as U.S. Treasury yields rose, and one fund manager has warned that equity investors are ill-prepared for the “pain” that’s coming.
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SpaceX Is Building a Factory in Austin, Texas for Starlink Satellite Internet Equipment
SpaceX plans to build a new factory in Austin, Texas in another expansion to the region from one of Elon Musk’s companies.
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Guggenheim's Minerd Says Don't Count on Rising Yields, Believes U.S. Could Even See Negative Rates
Scott Minerd told “The Exchange” that the 10-year U.S. Treasury yield could turn negative in the next 18 months.
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Economists See First Signs in Data That Vaccine Is Working
Covid vaccine efforts in the U.S. are yielding results. Forecasters are gaining some confidence in a summer bounce for the economy.
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Chinese Tesla Rival Nio Says Global Chip Shortage Will Hit Its Electric Car Production
Chinese electric car start-up Nio said Tuesday a global chip shortage will force it to produce fewer cars in the second quarter.
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Fed Policy Changes Could Be Coming in Response to Bond Market Turmoil, Economists Say
While the Fed may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon.
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How Covid-19 Caused a Global Shortage of Semiconductors and Computer Chips
It’s not an overstatement to say that semiconductors power the modern world. They’re not only a key component of nearly every electronic device we buy and use, they also power the factories that make the electronic devices we buy and use. And now, there aren’t enough of them being made. To find a long-term fix, President Joe Biden just...
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Be Wary of Social Media Trading Tips, European Regulator Warns
European regulators have warned retail investors against participating in financial markets “purely” based on information they gather from social media.
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New York Attorney General Warns Cryptocurrency Industry: ‘Play by the Rules Or We Will Shut You Down'
The Empire State’s attorney general warned individual investors and crypto industry players of the perils of digital assets.
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Biden's Team Says It Will Use ‘All Available Tools' to Fight China's Unfair Trade Practices
The Biden administration released a report outlining its trade agenda, including how it will address challenges posed by China.
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Beijing Could Tighten Its Grip on Hong Kong Further, Showing Lack of Concern for International Outcry
Media outlets reported that Beijing could be considering changes to Hong Kong’s electoral system to limit pro-democracy politicians from running in elections.
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Jim Cramer Says the ‘Fear Gauge' Induced a Buying Opportunity in Stocks
After the volatility index spiked during last week’s market sell-off, the “Mad Money” host is seeing optimistic signs.
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Stocks Making the Biggest Moves After the Bell: Zoom, Roku, Novavax & More
These are the stocks posting the largest moves after the bell on Monday, March 1.
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Exxon Shares Jump as Activist Investor Jeff Ubben Joins the Board
Jeff Ubben and Mike Angelakis have joined Exxon’s board of directors as the oil giant faces shareholder pressure.
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10-Year Treasury Yield Slides After Last Week's Surge
The 10-year U.S. Treasury yield started the week lower as U.S. stock futures rose.