Investors should consider commodities due to a "big change" involving international expansion, according to VanEck CEO Jan van Eck. "The world economy started growing again," van Eck told CNBC's "ETF Edge" this week. He singles out China, the world's second-largest economy behind the U.S., as a key driver in...
National Park Week is coming up — and that means free entry for visitors
Visitors to national parks will get free admission on April 20 as the federal government waives entrance fees to commemorate the start of National Park Week. National Park Week runs for nine days, from April 20 to April 28. The National Park Service oversees 429 park sites in the U.S....
Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the "Federal Reserve's Semi-Annual Monetary Policy Report" on Capitol Hill in Washington, U.S., March 6, 2024. Bonnie Cash | Reuters If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented...
‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Switzerland's tough new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street giants, according to Beat Wittmann, partner at Zurich-based Porta Advisors. In a 209-page plan published Wednesday, the Swiss government proposed 22 measures aimed at tightening its policing of banks deemed...