A Trump win would make emerging countries feel there's 'more stability': Global investor Mark Mobius
Mobius Capital Partners founder Mark Mobius weighs in on recent political developments around the world, telling "The Claman Countdown" how a second Trump term might impact markets.
Indian Prime Minister Modi’s third-term victory is a win for business: 'The sky is the limit'
As India's Prime Minister Narendra Modi starts a third term, hopes are high among the business community that his premiership will lead to more opportunities in the world's largest democracy.
China records lowest foreign investment on record, experts blame new laws for stifling much-needed growth
The drop marks the most significant one on record since 1998 when comparable data starts, with some experts arguing China's new laws that decrease transparency are driving away investors.
More than 200 venture capital firms sign public statement in support of Israel
The venture capital community has issued a public statement in support of Israel after the country was attacked by terrorists, and more than 200 firms have signed it so far.
China's surprise tax breaks offer short-term boost but won't be solution to economic woes: expert
China's flurry of moves to stimulate its economy have provided a small boost, but those policies are unlikely sustainable and will not result in long-term growth.
Startups in the U.S. boom
Optimism and startup numbers in American industry are high at the 2023 SelectUSA investment summit, where events kicked off Monday in Marlyand.
IMF projects slowest rate of growth in decades, urges 'support' from wealthier countries
The IMF cited the war in Ukraine and health concerns in China as chief potential stumbling blocks that could prevent a more robust economic recovery in coming years.
The New York couple behind El Salvador’s Bitcoin Experiment
Bitcoin enthusiast and former Russian state TV hosts advise the government of El Salvator and have extensive crypto investments in the country.
South Korea’s LG Energy to build $5.6B battery plant in Arizona
The complex announced Friday will consist of two battery plants and mark the largest investment ever for a stand-alone battery-manufacturing facility in North America, LG Energy said.
Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action
Mark Cuban raised questions about how regulators had allowed Silicon Valley Bank to end up in such a vulnerable position, and demanded that the Federal Reserve take immediate action.
Buffett's firm cuts stake in Chinese automaker
Warren Buffett's Berkshire Hathaway is reducing its stake in the Chinese automaker BYD to 12% after recent sales.
China’s Xi Jinping meets with Saudi rulers in economic power play: 'No longer a competitor'
China and Saudi Arabia will look to finalize about 20 deals that would result in about $29 billion in investments that would also expand Beijing's influence in the region.
Cash-hungry companies get creative raising capital
Companies that are thinking outside the box of traditional ways to raise capital include Lordstown Motors, Foxconn, Bright Health Group, and JPMorgan Chase.
Early Alameda staffers quit after battling Sam Bankman-Fried over risk, compliance concerns
The employees worked at Alameda Research, and were some of Bankman-Fried's earliest colleagues, including Alameda’s co-founder, Tara Mac Aulay. Both FTX and Alameda are now bankrupt.
FTX founder Sam Bankman-Fried: What to know about the ex-crypto exec
Sam Bankman-Fried co-founded the FTX trading platform in May 2019 after launching Alameda Research with friends two years earlier. Here are fast facts about the former crypto executive.
Bank of England to buy UK bonds to avert financial risk
The Bank of England has moved to halt a slide in British government bonds that posed a “material risk” after plans to slash taxes spooked investors.
Tesla supplier Panasonic plans additional $4B EV Battery Plant in U.S.
Panasonic Holdings plans new mega-factory close to Elon Musk's Tesla Gigafactory in Austin, Texas. Policy in the Inflation Reduction Act incentivizes onshoring to the US.
Citi begins winding down operations in Russia
Citi expands its departure from Russia amid the war in Ukraine. Citi is one of many banks to leave the former Soviet Union because of its war of aggression.
Treasury Moves to Block US Investors From Buying Russian Debt
Investors would still be allowed to sell or transfer securities as long as they do so to a non-U.S counterparty, according to the Treasury, and they can also continue to hold debt.
Russia makes bond payments in dollars, concedes on ruble mandate to avoid default
Russia has fought off a number of pitfalls as it tries to maintain some economic stability as it braces for the full impact of western sanctions.