South Korean President Yoon faces impeachment: How did we get here?
South Korean President Yoon Suk Yeol is facing impeachment by parliament after he declared martial law only to revoke it 6 hours later amid immense backlash.
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Is it time to short the dollar? UBS and others think so
The U.S. dollar has surged since September, but some financial institutions are suggesting investors should bet against further strength in the greenback. Investment bank UBS has taken a contrarian stance, warning investors not to chase the dollar’s recent gains. “We caution against chasing USD strength; instead, we suggest selling dollar upside potential for yield pickup,” … Read more
Here’s how this Julius Baer portfolio manager is investing
The persistent uncertainty in financial markets has raised questions on portfolio construction and how to invest across asset classes as 2025 nears. One long-term investor is now playing the market by staying invested and being well-diversified. “We believe it is key to remain invested and view any potential corrections as technical and temporary opportunities to … Read more
Impeachments are not new to South Korea — and its markets
People take part in a rally to demand South Korean President Yoon Suk Yeol’s removal from power, in Seoul, South Korea, December 4, 2024. Kim Soo-hyeon This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
Kash Patel, Trump’s pick to be FBI director, targeted in Iranian-backed cyberattack
Kash Patel, Former Chief of Staff to the Defense Secretary speaks on the day Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally, in Prescott Valley, Arizona, U.S., October 13, 2024. Go Nakamura | Reuters The FBI recently told Kash Patel, President-elect Donald Trump’s pick to be the bureau’s next director, … Read more
When Are Taxes Due 2025?
The deadline for most people to file their 2024 federal tax return is April 15, 2025. Some Americans have a different due date, however, and state filing deadlines are all over the place. Here are all the tax deadlines for 2025, plus when you need to file if you get an extension and when you … Read more
Trump picks former Sen. Kelly Loeffler for small business administrator
Republican U.S. Senator Kelly Loeffler speaks at the GA GOP election night event for the run-off election for Georgia’s two Senate seats in Atlanta, Georgia, U.S., January 6, 2021. Brian Snyder | Reuters President-elect Donald Trump announced Wednesday that he will nominate former Sen. Kelly Loeffler, R-Ga., to lead the Small Business Administration in his … Read more
Easiest Credit Cards To Get Approved For In December 2024
Many of the top travel credit cards and rewards credit cards can be difficult to qualify for as a beginner and usually require good to excellent credit. If you can’t get approved for the top credit cards, you still have options for earning rewards with a variety of credit cards that are easier to get. … Read more
JetBlue cuts more unprofitable routes, tweaks Europe flights
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty Images JetBlue Airways told staff Wednesday that it is axing more unprofitable flights, redeploying … Read more
China’s stimulus measures are just trickling through the economy
A large advertisement touting China’s “trade-in” policy hangs outside a housing construction project in Nanjing, China, on Nov. 29, 2024. Nurphoto | Nurphoto | Getty Images China’s latest efforts to kickstart growth haven’t had a broad impact yet, data and company earnings show, indicating the world’s second-largest economy won’t be roaring back soon. Growth in … Read more