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U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore

U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore

[ad_1] Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker's third listing location, following its IPO in New York and a secondary listing in Hong Kong.Costfoto | Future Publishing | Getty ImagesChinese electric carmaker Nio said Friday that it's planning a secondary share

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Chinese ride-hailing giant Didi says U.S. regulator is investigating its $4 billion IPO

Chinese ride-hailing giant Didi says U.S. regulator is investigating its $4 billion IPO

[ad_1] Didi said in its annual report that it's being investigated by the U.S. Securities and Exchange Commission. The SEC opened the probe after Didi's U.S. IPO last year.Sopa Images | Lightrocket | Getty ImagesThe U.S. Securities and Exchange Commission is investigating Didi after its tarnished initial public offering, adding

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Stock futures are flat after the Nasdaq posts worst month since 2008

Stock futures are flat after the Nasdaq posts worst month since 2008

[ad_1] Traders work on the floor of the New York Stock Exchange. NYSEU.S. stock index futures were flat during overnight trading Sunday after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation, and underwhelming earnings from some of the largest technology companies.Futures contracts tied

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Georgia just became the latest state to require personal finance education

Georgia just became the latest state to require personal finance education

[ad_1] Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, January 5, 2022.Alyssa Pointer | ReutersHigh school students in Georgia will soon have guaranteed access

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Barclays beats expectations but suspends buybacks after U.S. trading blunder

Barclays beats expectations but suspends buybacks after U.S. trading blunder

[ad_1] A branch of Barclays Bank is seen, in London, Britain, February 23, 2022.Peter Nicholls | ReutersLONDON — Barclays on Thursday said had suspended its planned share buyback program on the back of a costly trading error in the U.S.It comes as it reported expectation-beating profit for the first quarter, as

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88% of adults support requiring personal finance education in high school, survey finds

88% of adults support requiring personal finance education in high school, survey finds

[ad_1] Most adults in the U.S. support guaranteed access to personal finance education for high school students.Eighty-eight percent of adults surveyed by the National Endowment for Financial Education said their state should require either a semester or year long personal finance course for graduation. The survey of 1,030 adults was

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Sanctions threaten to cripple Russia’s multibillion-dollar crypto industry

Sanctions threaten to cripple Russia’s multibillion-dollar crypto industry

[ad_1] Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia.Bloomberg | Bloomberg | Getty ImagesSanctions imposed on Russia over the country's unprovoked invasion of Ukraine could hamper the growth of its multibillion-dollar crypto sector, according to experts.This week, U.S. officials targeted Russian bitcoin mining

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Don’t blame stimulus checks for inflation, says Andrew Yang, who still supports sending free cash to most Americans

Don’t blame stimulus checks for inflation, says Andrew Yang, who still supports sending free cash to most Americans

[ad_1] MIAMI — Former presidential candidate Andrew Yang says that Covid stimulus checks are not to blame for the recent inflation spike — and he's still in favor of sending people free cash as a way to insulate workers from economic shocks and technological disruption.The universal basic income (UBI) evangelist

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The fight to protect consumers against bad investment advice is advancing, but slowly

The fight to protect consumers against bad investment advice is advancing, but slowly

[ad_1] William F. Galvin, Secretary of the Commonwealth of Massachusetts, at a press conference on Sep. 10, 2018. Galvin championed a state rule governing investment advice, which a judge invalidated in March 2022.Michael Swensen for The Boston Globe via Getty ImagesThe fight to protect consumers from bad investment advice has

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Wells Fargo shares fall as quarterly revenue misses estimates, bank says credit losses to increase

Wells Fargo shares fall as quarterly revenue misses estimates, bank says credit losses to increase

[ad_1] Wells Fargo signage on May 5th, 2021 in New York City.Bill Tompkins | Michael Ochs Archives | Getty ImagesWells Fargo posted first-quarter revenue that fell short of Wall Street estimates and said future credit losses are set to increase.However, the bank's earnings last quarter topped estimates as loan losses

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