News

This ETF strategy could help risk-averse investors ride out wild market swings

Invesco senior portfolio manager John Burrello sees income funds that employ options-based strategies as a suitable approach.

‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks

Investors are focused on a specific type of lending made by banks to non-depository financial institutions, or NDFIs, as the source of possible contagion.

Gold's record run is latest market signal that classic 60/40 investing portfolio may never return

The 60/20/20 portfolio is gaining after gold, bitcoin record runs, with alternatives taking half of bonds' former hold over a classic investor market approach.

Moody's says the banking system, private credit markets are sound despite worries over bad loans

Marc Pinto, the agency's head of global private credit, acknowledged in a CNBC interview that there are concerns over loose lending standards.

Chinese robotaxi company Pony.ai to work with Stellantis on Europe expansion

The companies plan to start robotaxi tests in Luxembourg in the coming months, before expanding to other parts of Europe next year.

U.S. regulators toss out rules requiring banks to prepare for climate change

The Fed and others no longer believe the requirements are necessary as they are redundant with other provisions banks already make to plan for emergencies.

Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move

The central bank policymaker indicated that he still expects his colleagues to vote for another quarter-point reduction.

BlackRock’s crypto push deepens with a retooled product to serve stablecoin issuers

This latest move from Larry Fink's firm aims to further capitalize on the boom in stablecoin demand, BlackRock first told CNBC.

Alibaba says its AI spending in e-commerce is already breaking even

The Chinese tech giant is spending tens of billions of dollars on AI despite concerns that companies are spending too much on the tech with limited results.

Fintech startup Upgrade valued at $7.3 billion in new funding round

Upgrade raised $165 million in a new funding round that valued the fintech startup at $7.3 billion.

CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation

Speaking at CNBC's Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground.

Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people

Even during a blockbuster year for Wall Street as trading and investment banking spins off billions of dollars in revenue, the banks are hiring fewer people.
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