News

'Incredible alpha opportunities' in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Wall Street leaders speaking at the annual Riyadh event broadly expressed varying degrees of pessimism and caution for the coming year.

Deutsche Bank net profit slides 8% in third quarter but beats expectations

Deutsche Bank reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations.

Picking health insurance can be tricky: 6 key terms to know as open enrollment starts

Health plans have many moving parts like premiums, co-insurance and deductibles that make it difficult to ascertain costs.

China signals more support for struggling local governments

The central government formalized a process for local governments to borrow for the year ahead — starting in the preceding fourth quarter, state media said.

Coinbase shares surge 14% as Grayscale ETF ruling takes effect

Coinbase shares surged 14% on Tuesday, as investors were buoyed by a court ruling in a Bitcoin spot ETF case that could benefit the crypto exchange as well.

Jamie Dimon rips central banks for being '100% dead wrong' on economic forecasts

"Prepare for possibilities and probabilities, not calling one course of action, since I've never seen anyone call it," Dimon said in Saudi Arabia.

Barclays narrowly beats profit forecasts on strong consumer, credit card business

Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit cards businesses.

Say goodbye to retirement? A 'soft saving' trend is emerging among young people

Generation Z is leading the "soft saving" trend, a new financial approach that prioritizes personal growth and mental wellness over aggressive saving goals.

Big banks are done reporting earnings. Here’s how our financial names performed against peers

Some businesses performed better than others. However, none of them has been rewarded with higher stock prices — yet.

The 'No. 1 question' Ark Invest’s Cathie Wood gets on her website

The most popular question on Ark Invest’s website has nothing to do with investing in the U.S., according to the firm’s CEO Cathie Wood.

Regional bank shares slump as lenders warn of more pain from higher interest rates

Several weak quarterly earnings reports highlighting the negative effect of higher interest rates soured investor sentiment on the industry.

Coinbase is 'confident' a U.S. bitcoin ETF will be approved after SEC's court defeat

Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the Securities and Exchange Commission, its chief legal officer told CNBC.
1 104 105 106 107 108 160