Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
British fintech firm Zilch says it’s raised $125 million in debt from Deutsche Bank to help it further its path toward an eventual initial public offering.
U.S. approves $360 million arms sale to Taiwan for missiles, drones
The State Department has approved the possible sale of drones and missiles to Taiwan , the Pentagon’s Defense Security Cooperation Agency said.
Hong Kong leads gains in Asia; Taiwan stocks hit new record
Hong Kong markets gained more than 2% on Wednesday, leading gains in Asia and powered by energy and basic material stocks.
The best-performing global bond fund is up 74% over the past year. Here’s where it’s invested
The emerging markets fund aims to make double-digital returns annually, on a U.S. dollar basis, and currently yields around 10%.
‘Outsized winners’: Morgan Stanley names global stocks to tap the ‘upgrade supercycle’ in a corner of AI
“We think the market underestimates both the pace of innovation and the implications for growth,” said the bank.
Loneliness among workers is on the rise globally — here are 5 ways to combat it
Globally, one in five employees feel lonely on a daily basis, according to Gallup’s 2024 State of the Global Workplace report.
FTC refers TikTok complaint to Justice Department
The Federal Trade Commission said it’s referred its complaint against TikTok and ByteDance to the Department of Justice.
Amazon fined $5.9 million for over 59,000 violations of California labor laws
Officials investigated two Amazon warehouses in Southern California and found they “failed to provide written notice of quotas.”
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
As the jobless level has ticked up in recent months, the “Sahm Rule” has generated increasing talk on Wall Street.
Major altcoins sink amid broader crypto pullback: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
