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CNBC Finance
May 29, 2024

This retirement planning gap is 'hidden in plain sight,' Harvard professor says
Retirement planning often focuses on money. But investing in strong social connections is arguably just as important.

CNBC Finance
May 29, 2024

Nissan issues 'do not drive' alert for nearly 84,000 older models with recalled airbags
The Japanese carmaker's "Do Not Drive" alert applies to Sentras (2002-2006), Pathfinders (2002-2004) and Infiniti QX4s (2002-2003) with recalled airbags.

CNBC Finance
May 29, 2024

Jim Chanos calls suit accusing him of embezzling funds 'baseless and defamatory'
Jim Chanos is being sued by a former partner accusing him of using his firm as a 'piggy bank.'

CNBC Finance
May 29, 2024

Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader
The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30.

CNBC Finance
May 29, 2024

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
Crypto exchange Gemini announced Wednesday that it will return $2.18 billion to users of the Earn program, which it paused withdrawals for in November 2022.

CNBC Finance
May 29, 2024

Clean Energy Ventures raises $305 million to back early-stage climate startups
Clean energy stocks may be underperforming in the public market, but in private markets there is still appetite for companies focused on decarbonization.

CNBC Finance
May 28, 2024

IMF upgrades China's growth forecast to 5% on 'strong' first quarter and policy measures
The International Monetary Fund raised its forecast for China's growth this year to 5%, from 4.6% previously, due to "strong" first quarter figures and policy moves.

CNBC Finance
May 28, 2024

Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
Cost-conscious Chinese consumers are increasingly picking cheaper tourist destinations at home instead of going overseas.

CNBC Finance
May 28, 2024

Stock trade settlement moves to single day as GameStop mania underscores need for faster transactions
Wall Street is now required to settle stock trades faster after a new rule from the Securities and Exchange Commission takes effect Tuesday.

CNBC Finance
May 27, 2024

This new weight loss drug ETF bets big on two of the industry's leading players
While Novo Nordisk and Eli Lilly have soared in the past year, Roundhill Investments sees bigger gains ahead for the GLP-1 drugmakers.

CNBC Finance
May 27, 2024

Alibaba's global arm signs David Beckham as international e-commerce brand ambassador
Soccer star David Beckham has signed his latest advertising deal with Alibaba's international e-commerce platform AliExpress, the business unit said Monday.

CNBC Finance
May 26, 2024

Cash discounts, while still rare, are up over 60% from 2015. Here's how much you can save
More merchants are giving discounts to consumers who pay with cash, or putting surcharges on credit card purchases.

CNBC Finance
May 25, 2024

Rise of resort day passes offers travelers luxury on a budget
ResortPass holds 95% of the day-guest market and has partnered with luxury hotels including the Waldorf-Astoria, JW Marriott and Fontainebleau.

CNBC Finance
May 24, 2024

Here's why you may be saving more in your 401(k) — and not even know it
More employers have adopted "automatic escalation," which raises workers' 401(k) plan savings rate over time.

CNBC Finance
May 24, 2024

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
The CEO of one of the largest private-credit firms defended the industry and how it will act in times of stress.

CNBC Finance
May 23, 2024

Nvidia shares close at record high after forecast signals unwavering demand for AI chips
Nvidia shares jumped Thursday to record highs after the company topped Wall Street estimates for the fiscal first quarter.

CNBC Finance
May 23, 2024

Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
The company will pay a $15 million fine for alleged violations of the Clean Water Act as part of the federal settlement.

CNBC Finance
May 23, 2024

Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips
Nvidia shares jumped Thursday to record highs after the company topped Wall Street estimates for the fiscal first quarter.

CNBC Finance
May 23, 2024

DocuSign chief says company focused on growing as a public entity after reports of private equity interest
DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.

CNBC Finance
May 22, 2024

This ETF aims to capture China's own 'Magnificent Seven'
Roundhill Investments' Lucky Eight ETF aims to track China's most innovative names in tech.

CNBC Finance
May 22, 2024

These are the 3 big risks to the stock market, economist says
Federal Reserve policy, a surprise recession and disappointing future earnings for companies such as Nvidia could rein in the stock euphoria, one analyst said.

CNBC Finance
May 22, 2024

Federal Reserve minutes indicate worries over lack of progress on inflation
The Federal Reserve on Wednesday released minutes from its April 30-May 1 policy meeting.

CNBC Finance
May 22, 2024

Fintech nightmare: 'I have nearly $38,000 tied up' after Synapse bankruptcy
Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it's had disagreements about how much in customer balances it owed.

CNBC Finance
May 22, 2024

CFPB says buy now, pay later firms must comply with U.S. credit card laws
The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.

CNBC Finance
May 22, 2024

DocuSign chief says company wants to stay public after reports of private equity takeover interest
DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.

CNBC Finance
May 22, 2024

Citi fined $79 million by British regulators over fat-finger trading and control errors
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.

CNBC Finance
May 21, 2024

Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries
Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries.

CNBC Finance
May 21, 2024

Fed Governor Waller wants 'several months' of good inflation data before lowering rates
Fed Governor Christopher Waller said Tuesday that he does not think further interest rate increases will be necessary.

CNBC Finance
May 21, 2024

Here's how to buy renewable energy from your electric utility
More residential consumers are sourcing their electricity from green energy sources like solar and wind. But many still don't know about the option.

CNBC Finance
May 21, 2024

Family offices become prime targets for cyber hacks and ransomware
With their large wealth and small staffs, family offices have become lucrative targets for hackers and cybercriminals, experts say.

CNBC Finance
May 20, 2024

China's sweeping measures to prop up the property sector will need time to show results
China's sweeping moves on Friday to increase support for real estate will take time to show results, analysts said.

CNBC Finance
May 20, 2024

Jamie Dimon says JPMorgan stock is too expensive: 'We're not going to buy back a lot'
JPMorgan Chase has seen its shares surge 40% over the past year, reaching a 52-week high on Monday before Dimon's comments dinged the stock.

CNBC Finance
May 20, 2024

JPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.

CNBC Finance
May 20, 2024

Flying is cheaper in 2024. But not for some destinations
Average airline ticket prices are less expensive than they were a year ago. Flights to some areas, especially those abroad, are still high.

CNBC Finance
May 18, 2024

No ‘cop on the beat': Why the SEC may deny new ether ETFs this month
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether ETFs.

CNBC Finance
May 17, 2024

HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.

CNBC Finance
May 16, 2024

China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.

CNBC Finance
May 16, 2024

China retail sales, investment data miss expectations in April
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.

CNBC Finance
May 16, 2024

Affluent consumers are creating a ‘bubble' at Walmart, warns retailer's former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.

CNBC Finance
May 16, 2024

Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.

CNBC Finance
May 16, 2024

The Dow's road to 40,000 in one chart
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.

CNBC Finance
May 16, 2024

The Dow just hit 40,000. Here's a look at how it got here
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.

CNBC Finance
May 16, 2024

Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more
These are some of the stocks posting the largest moves in premarket trading.

CNBC Finance
May 15, 2024

Warren Buffett's Berkshire Hathaway reveals insurer Chubb as confidential stock it's been buying
His conglomerate Berkshire Hathaway has acquired nearly 26 million shares of Chubb for a stake worth $6.7 billion.

CNBC Finance
May 15, 2024

GameStop, AMC tumble as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.

CNBC Finance
May 15, 2024

Tesla's Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.

CNBC Finance
May 15, 2024

GameStop, AMC tumble more than 20% as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.

CNBC Finance
May 15, 2024

GameStop, AMC decline as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.

CNBC Finance
May 15, 2024

GameStop, AMC extend gains but broader meme stock rally shows signs of fizzling
The meme stock trading frenzy showed signs of divergence early on its third day, as GameStop and AMC saw smaller gains in pre-trading, while Koss shares fell.

CNBC Finance
May 14, 2024

China's economy reveals pockets of softness. Here's what to watch ahead of Friday's data
As China's economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.

CNBC Finance
May 14, 2024

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.

CNBC Finance
May 14, 2024

AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC shares soared following news of the sale and was paused for volatility at one point.

CNBC Finance
May 14, 2024

AMC completes $250 million stock sale during meme rally, shares jump 20%
AMC shares soared following news of the sale and was paused for volatility at one point.

CNBC Finance
May 14, 2024

Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell speaks Tuesday to the Foreign Bankers' Association in Amsterdam.

CNBC Finance
May 14, 2024

AMC completes $250 million stock sale during meme rally, shares jump 90%
On Monday, movie theater operator AMC sold 72.5 million shares in an at-the-market equity offering.

CNBC Finance
May 14, 2024

Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers' Association in Amsterdam.

CNBC Finance
May 14, 2024

AMC completes $250 million stock sale during meme rally, shares jump 100% in premarket
On Monday, movie theater operator AMC sold 72.5 million shares in an at-the-market equity offering.

CNBC Finance
May 14, 2024

Fintech firm Klarna says 90% of its employees are using generative AI daily
"Buy now, pay later" firm Klarna says generative AI has seen substantially high adoption among its 5,000-strong workforce.

CNBC Finance
May 13, 2024

GameStop, AMC soar more than 70% each as ‘Roaring Kitty' meme trader resurfaces
GameStop shares soared Monday after "Roaring Kitty" posted online for the first time in roughly three years.

CNBC Finance
May 13, 2024

GameStop soars 70% as 'Roaring Kitty,' who drove meme craze, resurfaces
GameStop shares soared Monday after "Roaring Kitty" posted online for the first time in roughly three years.

CNBC Finance
May 13, 2024

GameStop soars 70% as 'Roaring Kitty', who drove meme craze, resurfaces
GameStop shares soared Monday after "Roaring Kitty" posted online for the first time in roughly three years.

CNBC Finance
May 13, 2024

Freetrade, Britain's answer to Robinhood, says its CEO is stepping down
British stockbrokerage platform Freetrade told CNBC exclusively Monday that its long-time CEO Adam Dodds has stepped down.

CNBC Finance
May 13, 2024

GameStop shares soar 60% as trader 'Roaring Kitty', who drove meme craze, resurfaces
GameStop shares soared Monday after "Roaring Kitty" posted online for the first time in roughly three years.

CNBC Finance
May 13, 2024

GameStop shares jump 30% as trader 'Roaring Kitty' who drove meme craze posts online again
GameStop shares soared in premarket trading Monday after "Roaring Kitty" posted online for the first time in roughly three years.

CNBC Finance
May 12, 2024

‘I feel like I've been tricked': Some property buyers in China's Tianjin have been waiting 8 years for their homes
A group of around 1,500 homebuyers have yet to see the apartments they paid for about eight years ago, as challenges persist in China's property sector.

CNBC Finance
May 11, 2024

This inflation-focused ETF may be in a sweet spot
Horizon Kinetics' James Davolos thinks his firm's inflation-focused ETF is "ideally positioned" for gains this year.

CNBC Finance
May 11, 2024

Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
It took a total of 12 months and a number of iterations for Yu Shu to finish the final version of the Munger bust.

CNBC Finance
May 10, 2024

The rule capping credit card late fees at $8 is on hold — here's what it means for you
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would've saved Americans $10 billion a year.

CNBC Finance
May 10, 2024

Sweetgreen shares soar 34% after company beats revenue expectations
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.

CNBC Finance
May 10, 2024

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday.

CNBC Finance
May 10, 2024

Sweetgreen shares soar 35% after company beats revenue expectations
Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.

CNBC Finance
May 09, 2024

European companies in China are under pressure from slower growth, overcapacity
European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.

CNBC Finance
May 09, 2024

CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.

CNBC Finance
May 09, 2024

Watch Governor Andrew Bailey speak after the Bank of England's rate decision
Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank's latest monetary policy decision.

CNBC Finance
May 09, 2024

A rare hostile takeover bid in Europe's banking sector has shocked markets
Spanish bank BBVA caught markets by surprise after it announced a rare hostile takeover bid for domestic rival Banco Sabadell.

CNBC Finance
May 08, 2024

Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more
These are the stocks posting the largest moves in extended trading.

CNBC Finance
May 08, 2024

Robinhood climbs after reporting record earnings for first quarter
Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.

CNBC Finance
May 08, 2024

British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
TS Anil, CEO of Monzo, told CNBC his firm plans to use the cash to build new products and accelerate its international expansion plans.

CNBC Finance
May 08, 2024

HD Hyundai Marine Solution doubles in South Korea's largest IPO since January 2022
Shares traded as high as 125,000 South Korean won ($91.55) apiece, representing a 49.88% surge from the IPO price of 83,400 won.

CNBC Finance
May 07, 2024

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
Druckenmiller said he reduced his Nvidia bet after "the stock went from $150 to $900."

CNBC Finance
May 06, 2024

Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser joined CNBC's Sara Eisen on Monday for an interview on the economy.

CNBC Finance
May 06, 2024

Buffett's Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion
The Oracle of Omaha's massive conglomerate posted robust earnings, driven by strong insurance underwriting gains as well as higher Treasury yields.

CNBC Finance
May 04, 2024

Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'
"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."

CNBC Finance
May 04, 2024

Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he's gone
"I would leave the capital allocation to Greg and he understands businesses extremely well," Buffett said at Berkshire's annual meeting.

CNBC Finance
May 04, 2024

Berkshire cuts Apple investment by about 13%, Buffett hints that it's for tax reasons
Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.

CNBC Finance
May 04, 2024

Warren Buffett says Berkshire Hathaway is looking at an investment in Canada
The Oracle of Omaha noted that he is 'confident' in placing bets in the country.

CNBC Finance
May 04, 2024

'A lot of money on the sidelines': Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds.

CNBC Finance
May 04, 2024

Berkshire Hathaway operating earnings soar 39% as Buffett's cash hoard swells to record $188 billion
Berkshire Hathaway reported a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.

CNBC Finance
May 04, 2024

Warren Buffett's Berkshire Hathaway cut Apple investment by about 13% in the first quarter
Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.

CNBC Finance
May 03, 2024

Warren Buffett's shopping extravaganza kicks off with Squishmallows pit, 'Poor Charlie's Almanack'
The Oracle of Omaha's annual event kicked off with wares from See's Candies to the latest Squishmallows of Warren Buffett and Charlie Munger.

CNBC Finance
May 03, 2024

Berkshire Hathaway's big mystery stock wager could be revealed soon
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.

CNBC Finance
May 03, 2024

Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.

CNBC Finance
May 03, 2024

First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett
The absence of Charlie Munger will be on everyone's mind when Berkshire Hathaway's annual shareholder meeting kicks off Saturday in Omaha.

CNBC Finance
May 03, 2024

'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a "scapegoat."

CNBC Finance
May 03, 2024

China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.

CNBC Finance
May 01, 2024

Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.

CNBC Finance
May 01, 2024

Bitcoin pares earlier losses after Fed leaves rates unchanged
Bitcoin intensified its recent slide on Wednesday, falling to its lowest level in over two months.

CNBC Finance
May 01, 2024

Fed keeps rates steady as it notes 'lack of further progress' on inflation
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.

CNBC Finance
May 01, 2024

Here's what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.

CNBC Finance
May 01, 2024

NYCB shares jump 30% after CEO gives two-year plan for 'clear path to profitability'
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.

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