A sign for a health-care career fair at Cape Fear Community College in Wilmington, North Carolina, on Feb. 28, 2023.Allison Joyce | Bloomberg | Getty ImagesThe unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday by the U.S. Bureau of...
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Bill Ackman’s Pershing Square withdraws IPO as demand for offering waned
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Nov. 28, 2023.Jeenah Moon | Bloomberg | Getty ImagesBill Ackman's Pershing Square USA withdrew plans for an initial public offering after investor demand appeared...
Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank
Getty ImagesMorgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned.The firm's 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded...
UAE set to welcome even more millionaires as wealthy individuals abandon the UK
Aerial view of cityscape and skyscraper at sunset in Dubai Marina.Lu Shaoji | Moment | Getty ImagesThe United Arab Emirates is on track to be the world's top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report.At the same time, the U.K. – already...
Patients on Alzheimer’s drug Leqembi see benefits over three years, Eisai study says
The newly FDA approved Alzheimer's treatment Leqembi is prepared at Abington Neurological Associates in Abington, PA., on Tuesday, November 7, 2023. Hannah Yoon | The Washington Post | Getty ImagesThe breakthrough Alzheimer's drug Leqembi slowed disease progression in patients over three years, demonstrating the need for them to stay on the...