News

Watch Governor Andrew Bailey speak after the Bank of England's rate hike

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

Warren Buffett says he’s not worried about Fitch’s U.S. downgrade

Warren Buffett shrugged off Fitch's U.S. downgrade, noting it doesn't change what his conglomerate, Berkshire Hathaway, is doing at the moment.

With record youth unemployment, China’s jobs market is getting tougher for new graduates to crack

Most young people are ultimately getting jobs, but ones that might not pay the best or match their area of study, according to CNBC interviews.

Stocks making the biggest moves after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and more

These are the stocks posting the largest moves in extended trading.

Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds

Sam Bankman-Fried and his crypto hedge fund Alameda Research benefitted from the fake bot activity on Twitter, which drove up the prices of several altcoins.

JPMorgan CEO Jamie Dimon calls Fitch Ratings U.S. downgrade 'ridiculous,' but says 'doesn't really matter'

Still, it is "ridiculous" that other countries are rated higher than the U.S. when they depend on the stability created by the U.S., Dimon added.

Veteran banker Jeffrey Schmid picked to lead Kansas City Fed

Schmid, with more than 40 years of experience as a regulator and banker, will take over Aug. 21 for Esther George, who retired earlier this year.

Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more

These are the stocks posting the largest moves midday.

Stocks making the biggest moves premarket: Match Group, CVS, SolarEdge and more

Paycom's shares sank 8.6% in premarket trading after the company forecasted third-quarter revenue guidance that fell short of analysts' expectations.

HSBC CEO on Farage-Coutts spat: 'We do not exit clients based on their lawful personal views'

HSBC CEO Noel Quinn said Tuesday that the lender would not "exit a client based on their lawful personal views."

U.S. House committee flags MSCI, BlackRock for China investments

U.S. investments in about 50 blacklisted Chinese companies is under scrutiny from the House of Representatives Select Committee on the Chinese Communist Party.

Bank of England's next move divides economists as data paints a mixed picture

Market expectations are split over the Bank of England's next monetary policy move on Wednesday, as policymakers near a tipping point in their fight against inflation.
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