News

Warren Buffett makes big donation before Thanksgiving, assures shareholders Berkshire is built to last

Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving.

Changpeng Zhao speaks out after pleading guilty to criminal charges, names Richard Teng as new Binance CEO

After stepping down and pleading guilty to federal money laundering charges, former Binance CEO Changpeng Zhao has named a successor.

Fed gave no indication of possible rate cuts at last meeting, minutes show

The Federal Reserve on Tuesday released minutes from its Oct. 31-Nov. 1 policy meeting.

Chinese tech giant Baidu's shares rise 2% after revenue beat

Chinese tech giant Baidu reported third-quarter revenue that beat expectations, although growth was slower than during the previous three months.

Plaid taps Adyen executive to lead its European operations

U.S. financial technology firm Plaid has hired Brian Dammeir, a former Adyen executive, as its new head of Europe, the company told CNBC exclusively.

China's property sector needs more government support as crisis deepens

China's property market, which makes up a substantial chunk of the country's economy, needs more government support to prevent further deterioration, analysts said.

Most Americans tip 15% or less at a restaurant — and some tip nothing, poll finds

Traditional etiquette is to tip 15% to 20% for a sit-down meal. Many Americans seem to disagree.

Mastercard doubles down on effort to detect and tackle crypto fraud with AI tie-up

Mastercard told CNBC exclusively Monday it's partnered with Feedzai, a regulatory technology platform, to improve monitoring and blocking of fraud in crypto.

Legendary value investor's firm launches new fund targeting 'quality' stocks

The money manager behind legendary investor Jeremy Grantham’s GMO U.S. Quality ETF delivers his strategy for gains.

Fed's Susan Collins says more rate hikes can't be taken off the table yet

Other officials have been saying much of the same, essentially that inflation is showing progress but still has a way to go.

Fed's Mester wants 'much more evidence' that inflation has been defeated

The Cleveland Fed president said she's reserving judgment on where policymakers go from here.

Charlie Munger says there isn't the slightest chance Buffett traded own account to enrich himself

Berkshire Hathaway Vice Chairman Charlie Munger pushed back against a ProPublica report about Warren Buffett's personal trading.
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