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Sep 10, 2024
JPMorgan Chase shares plummeted after the bank said estimates for net interest income next year were too high.
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Sep 10, 2024
JPMorgan Chase shares plummeted after the bank said estimates for net interest income next year were too high.
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Sep 10, 2024
Bank CEOs led by JPMorgan Chase CEO Jamie Dimon have lambasted the proposed Basel Endgame regulation since it was unveiled last year.
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Sep 10, 2024
Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.
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Sep 10, 2024
Brandon Copeland is a former NFL player turned financial coach. He wrote a new book that serves as a personal finance "playbook."
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Sep 10, 2024
Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.
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Sep 09, 2024
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.
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Sep 09, 2024
Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone, according to its website Monday.
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Sep 09, 2024
The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst suggested Monday.
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Sep 08, 2024
Huawei has received more than 2.7 million pre-orders for its new, tri-fold smartphone, according to its website Monday.
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Sep 08, 2024
China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations.
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Sep 08, 2024
George Kinder, recognized as the founder of financial life planning, thinks consumers are shortchanging themselves by putting off goals until retirement age.
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Sep 07, 2024
ETF inflows could rise as investors begin to search for other opportunities outside of money market funds.
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Sep 07, 2024
Top finance leaders are becoming convinced that the tech will transform their businesses.
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Sep 06, 2024
The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.
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Sep 06, 2024
Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and significant challenges" it would face.
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Sep 06, 2024
China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai.
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Sep 06, 2024
Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and significant challenges" it would face.
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Sep 05, 2024
China's wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.
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Sep 05, 2024
JPMorgan chief U.S. economist Michael Feroli believes there is a strong case for the Federal Reserve to speed up the pace of rate cuts.
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Sep 05, 2024
High earners may find it tricky to access tax breaks in individual retirement accounts. A workaround may help.
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Sep 05, 2024
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
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Sep 05, 2024
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
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Sep 04, 2024
Microsoft's gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
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Sep 04, 2024
Citadel's multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.
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Sep 04, 2024
In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.
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Sep 04, 2024
Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.
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Sep 03, 2024
In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.
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Sep 03, 2024
Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.
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Sep 03, 2024
Hangzhou, capital of the eastern Zhejiang province and home to Alibaba and other tech companies, ranked first in this year's rankings.
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Sep 02, 2024
Americans' spending on international trips has underpinned overall travel strength.
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Sep 02, 2024
Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe questioned on "Squawk Box Asia."
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Sep 01, 2024
China's first attempt at a top-tier video game has smashed world records, bolstering the industry's global ambitions after Beijing's gaming crackdown.
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Aug 30, 2024
"It's been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight," Oaktree's Howard Marks said.
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Aug 29, 2024
The discount retailer slashed its guidance for full-year same-store sales and profit.
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Aug 29, 2024
U.S. national security advisor Jake Sullivan said he raised concerns about the country's focus on economic security in meetings with Chinese officials.
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Aug 29, 2024
Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting that China hoped the U.S. would find "a right way" to get along.
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Aug 29, 2024
The announcement came amid U.S. national security advisor Jake Sullivan's trip to Beijing this week to meet with Wang Yi, China's top diplomat.
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Aug 28, 2024
Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.
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Aug 28, 2024
The announcement came amid U.S. national security adviser Jake Sullivan's trip to Beijing this week to meet with Wang Yi, China's top diplomat.
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Aug 28, 2024
Academics who helped pioneer research on 401(k) auto-enrollment find effects such as leakage blunt its long-term impact.
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Aug 28, 2024
The milestone came two days before Buffett's 94th birthday.
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Aug 28, 2024
The Sangdong Mine, owned by a subsidiary of Canada-based Almonty Industries, is set to resume operations this year.
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Aug 27, 2024
The announcement is JD.com's second buyback this year, after announcing a $3 billion buyback in March.
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Aug 27, 2024
Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla.
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Aug 27, 2024
Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.
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Aug 27, 2024
Klarna said it made an adjusted operating profit in the first half of 2024, swinging into the black as the firm nears a hotly anticipated IPO.
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Aug 27, 2024
Chinese electric car company Xpeng has announced that its mass-market brand Mona will start selling cars for less than $20,000.
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Aug 27, 2024
German auto giant Volkswagen is spending more time at Xpeng than the other way around, Xpeng co-president Brian Gu told CNBC on Monday.
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Aug 26, 2024
BHP's CEO Mike Henry said he expects China's property sector to see a rebound in the upcoming year on the back of favorable government policies.
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Aug 25, 2024
The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as "seriously delinquent."
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Aug 24, 2024
Ahead of the Fed's September rate cut decision, more investors are focusing on public companies delivering cash payouts.
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Aug 23, 2024
Federal Reserve chair Jerome Powell said Friday that "the time has come" to adjust interest-rate policy. Here's how investors can get ready for rate cuts.
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Aug 23, 2024
Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
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Aug 23, 2024
Jerome Powell delivers his keynote speech at 10 a.m. on Friday for the central bank's annual retreat in Jackson Hole, Wyoming.
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Aug 23, 2024
The pandemic-era trend of working remotely has endured largely because it benefits both workers and businesses, economists said.
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Aug 22, 2024
See which stocks are posting big moves after the bell.
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Aug 22, 2024
See which stocks are posting big moves after the bell.
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Aug 22, 2024
For all the attention being paid to the speech, the chances of it containing any new news seem remote.
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Aug 22, 2024
Mike Lynch was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored off the coast of Sicily.
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Aug 22, 2024
Mike Lynch, who had just recently won a landmark U.S. fraud trial, was found dead in the wreckage of a yacht that sank off the coast of Sicily. He was 59.
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Aug 22, 2024
Harker gave the strongest statement yet from a central bank official that easing is almost a certainty next month.
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Aug 22, 2024
With unprofitable companies representing 40% of the small-cap index, a top ETF provider is identifying ways for investors to capture better returns.
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Aug 22, 2024
WeRide was expected to offer 6.5 million ADS (American depositary shares) in the range of $15.50 to $18.50.
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Aug 22, 2024
Lynch was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored off the coast of Sicily.
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Aug 21, 2024
There's a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since 2009. Is it signaling recession?
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Aug 21, 2024
The Federal Reserve on Wednesday released minutes from its July 30-31 policy meeting.
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Aug 21, 2024
While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.
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Aug 21, 2024
New export controls have shaken the critical minerals industry. Insiders are worried that Beijing will leverage its global supply chain dominance in unprecedented ways.
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Aug 21, 2024
New export controls have shaken the critical minerals industry. Insiders are worried that Beijing will leverage its global supply chain dominance in unprecedented ways.
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Aug 20, 2024
Walmart said the decision will allow it to "focus on our strong China operations for Walmart China and Sam's Club, and deploy capital towards other priorities."
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Aug 20, 2024
Electric vehicles generally have a higher purchase price. But EVs beat out gasoline-powered counterparts on total lifetime costs in certain cases.
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Aug 20, 2024
Mike Lynch was only recently cleared of fraud charges in a landmark trial. Now, in a shock turn of events, he's gone missing after the sinking of a superyacht.
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Aug 19, 2024
The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.
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Aug 18, 2024
Investors may want to consider buffer ETFs to hedge the recent market volatility.
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Aug 16, 2024
China's financial risks have dropped, including from local government debt, People's Bank of China Governor Pan Gongsheng said in interviews with state media.
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Aug 15, 2024
Prices in some areas of the U.S. economy have deflated, meaning they've declined.
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Aug 15, 2024
The identical 400 million share count in Apple and Buffett's oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.
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Aug 15, 2024
Klarna, best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe.
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Aug 14, 2024
The country's latest efforts to stem a bond market rally shows that authorities are worried about financial stability, analysts said.
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Aug 14, 2024
UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.
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Aug 13, 2024
Chinese electric car brand Zeekr announced new batteries on Tuesday, which the company says offer the fastest charge in the world.
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Aug 11, 2024
According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers' spending power.
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Aug 09, 2024
Unemployment insurance is meant to prop up income after a layoff. The system buckled during the pandemic and is ill equipped for another crisis, experts said.
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Aug 09, 2024
The move by JPMorgan, the largest U.S. bank by assets, shows how quickly generative AI has swept through America since the arrival of ChatGPT in late 2022.
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Aug 09, 2024
A hazardous goods container exploded Friday on a ship operating in China's Ningbo Port, vessel owner Yang Ming told CNBC in a statement.
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Aug 08, 2024
Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy's banking sector with fresh eyes.
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Aug 08, 2024
By January 2025, banks and their tech suppliers will have to comply with a new EU law known as DORA. It could help prevent major IT disruptions in future.
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Aug 07, 2024
Dimon, leader of the biggest U.S. bank by assets and one of the most respected voices on Wall Street, has warned of an economic "hurricane" since 2022.
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Aug 07, 2024
Recession risks have risen but the U.S. is likely to skirt a downturn if the Federal Reserve soon cuts interest rates, economists said.
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Aug 07, 2024
How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.
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Aug 07, 2024
She said, however, there is a good case for a 50-basis-point cut, adding that the Fed needs to "back off" its restrictive monetary policy.
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Aug 06, 2024
A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China market.
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Aug 06, 2024
Investors may want to consider fixed income to help navigate the market's recent volatility.
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Aug 06, 2024
How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.
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Aug 05, 2024
Progress on inflation and a clear slowdown in hiring likely will drive the Fed to some extent of policy easing, Daly said Monday.
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Aug 05, 2024
Berkshire Hathaway disclosed in its earnings filing that it dumped a little more than 49% of the Apple stake.
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Aug 05, 2024
Financial compensation for flight delay and cancelation varies by airline.
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Aug 05, 2024
CEO Jamie Dimon is embarking on his 14th annual bus tour on Monday, with his first stop in Iowa, where the bank plans to open 25 more branches by 2030.
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Aug 05, 2024
Berkshire Hathaway disclosed in its earnings filing that it dumped a little more than 49% of the Apple stake.
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