China says its economy grew 2.3% in 2020,…

Employees working on a dry-type transformer production line at an electrical production factory in Haian, in eastern China's Jiangsu province on Jan. 4, 2021.Stringer | AFP | Getty ImagesBEIJING — China reported GDP rose 2.3%…

Chime is now worth $14.5 billion, surging past…

Chime CEO Chris BrittSource: ChimeThe fintech world has a new heavyweight.Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $ 14.5 billion, CNBC has learned…

Expect consumer durable stocks to pick up by…

Home appliances will continue to do well and we will potentially see pent-up demand in things like room air conditioners and TV sets, says Mahantesh Sabarad, Head, Retail Research.Is the price action in banks a…