News

Trump just took a shot at Bank of America. Here’s what he's talking about

President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.

Vanguard's $106 million target-date fund settlement offers a key lesson about taxes

Investors can boost their after-tax returns by pairing assets with taxable accounts or tax-advantaged retirement accounts like 401(k) plans and IRAs.

BlackRock's Fink sees potential risks and says the bond market will tell us where we are going

BlackRock CEO Larry Fink said Trump's efforts to unleash capital in the private sector could re-accelerate inflation and hurt the stock market.

China says it hopes to 'properly manage differences' with the U.S. on trade

China is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality.

Crypto execs see clear path for U.S. to pass regulation this year as Trump fuels market hype

The CEOs of Coinbase, Binance and Circle told CNBC they see a clearer path toward getting concrete laws for the crypto industry.

Share of U.S. companies in China looking to relocate hits a record high, survey finds

A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.

Jamie Dimon says Trump's tariff policy is positive for national security so people should 'get over it'

Dimon did not get into the details of Trump's plans, but said it depends on how the duties are implemented.

Mortgage rates aren't likely to fall any time soon — here’s why

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.

David Einhorn says we have reached the 'Fartcoin' stage of the market cycle

"We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.

Ray Dalio says cutting budget deficit is crucial to stabilize the bond market

The widely-followed investor said reducing the deficit can be achieved through higher taxes, lower spending or a combination of the two.

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

Bitcoin will hit a new all-time high in 2025, Binance CEO says

Binance CEO Richard Teng told CNBC he sees "much clearer regulation" in the U.S. this year, adding this will be supportive for crypto markets.
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