Financial Logic

30/08/2023

Depending on where you live, the salary you need to get by as a single worker can vary immensely.

To cover living expenses in Hawaii, a single person would have to earn nearly $133,000.

19/06/2023

Short-term U.K. bond yields are at a 15-year high and markets are pricing in peak interest rates of close to 6%.

The average two-year fixed rate rose above 6% on Monday as experts warned of chaos in a market with fewer available products.

09/06/2023

Millionaires have significantly raised their allocations to cash and cash-like investments over the past year, according to a new CNBC Millionaire Survey.

Millionaire investors have been hoarding cash. The average investor shouldn't necessarily do the same.

15/05/2023

Goldman Sachs, known more for its Wall Street bankers than its technology, has spun out the first startup from its internal incubator.

Under CEO David Solomon, Goldman has sought to speed up its digital makeover by hiring Google and Amazon executives and asking employees to pitch startup ideas.

10/05/2023

New York Fed President John Williams cautioned that "it will take time for the FOMC's actions to restore balance to the economy and return inflation to our 2% target."

The current problems in the banking industry and their impact will factor into Williams' policy outlook.

04/05/2023

Etsy jumped 6.7% after beating first-quarter revenue expectations.

These are the stocks posting the largest moves in extended trading.

27/04/2023

Executives at Klarna and Block say that proposed U.K. buy now, pay later rules, while well-meaning, are likely to do more harm than good.

Executives at two of the world's biggest buy now, pay later firms say that the U.K. regulation plans will result in disproportionate friction for consumers.

24/04/2023

More and more countries - from Brazil to Southeast Asian nations - are calling for trade to be carried out in other currencies besides the U.S. dollar.

From Brazil to Southeast Asian nations, more and more countries are calling for trade to be carried out in other currencies besides the U.S. dollar.

21/04/2023

U.K. Deputy Prime Minister Dominic Raab resigned on Friday, following an inquiry into bullying allegations.

11/04/2023

The Swiss parliament is slated to meet in an extraordinary session on Tuesday to discuss the state-backed rescue of Credit Suisse.

Credit Suisse and UBS must postpone any layoffs planned as part of their merger, the Swiss Bank Employees' Association said.

10/04/2023

Careem's ride-hailing business remains fully owned by Uber, which acquired it for $3.1 billion in 2019. Uber's stake in the spinout is currently undisclosed.

Careem Technologies will focus on the growth of the company's "super app," which offers dozens of services beyond ride hailing in one app.