Millennials are ‘very ill-prepared’ to be the richest generation in history, wealth manager says
Millennials are purportedly poised to be the wealthiest generation in history, but are they ready to handle the vast inflow of money?
Australia doubles foreign student visa fee in migration crackdown
Australia has more than doubled the visa fee for international students, in efforts to rein in record migration that further pressures its tight housing market.
U.S. law firm Dechert considering shuttering offices in Hong Kong, Beijing, Reuters reports citing sources
Dechert is the latest firm to consider closing its offices in Hong Kong and Beijing, amid a prolonged capital market downturn and growing Sino-U.S. tensions.
Taiwan tops Asia’s best-performing stock markets so far in 2024 — Japan is No. 2
Global markets this year have been largely driven by the themes of AI and central bank policy, and that is likely to continue, according to T. Rowe Price.
CNBC Daily Open: U.S. seeks Boeing guilty plea
AI powers Nasdaq six month surge, U.S. seeks Boeing guilty plea over fatal crashes, Nike CEO under fire
Americans and Japanese take far less time off — but Europeans say they’re more ‘vacation deprived’
Some 84% of Germans and 69% of French workers said they feel “vacation deprived” even though they take the most days off work, according to an Expedia study.
Gen Z’s shopping decisions are heavily driven by TikTok and influencers, report finds
Brands are reassessing their supply chain strategies and emphasizing social commerce platforms to cater to Gen Z, especially TikTok and Instagram.
Asia markets mixed as China manufacturing contracts again, Japan revises first quarter GDP downward
Investors in Asia are coming off a positive inflation report in the U.S. last week, and will assess business data from the region.
Global stocks are up 12% so far in 2024. Here’s what to expect next, according to history
CNBC Pro analyzed 50 years of MSCI World index price data to see what happened next when the index rose by more than 12% in the first six months of the year.
Four under-the-radar stocks to buy and hold for the second half: Portfolio manager
Christopher Carey of the Carnegie Investment Counsel is “pretty positive” on the market, naming four stocks he is betting on for the second half.
