News

BlackRock's Rieder the latest candidate to interview in Fed chair search

The White House search for the next Federal Reserve chair continues to twist and turn

'Bottom of the first inning.' Winklevoss twins see bitcoin reaching $1,000,000 in 10 years

The Winklevoss twins are expecting their cryptocurrency company Gemini Space Station to soon make its public debut.

Fintech firm Lendbuzz to file for IPO

Lendbuzz is looking to go public amid a wave of fellow fintech companies.

China warns Mexico to 'think twice' before raising tariffs, threatens countermeasures

In the ongoing trade tensions with the U.S., China's countermeasures have included restrictions on exports of minerals critical to the production of cars.

Financial CEOs are weighing in on the state of the economy

CEOs this week on CNBC weighed in on the health of the economy amid economic uncertainty and a Bureau of Labor Statistics report revising down job numbers.

Klarna opens at $52 per share in NYSE debut after pricing IPO above range

Klarna priced its IPO at $40 on Tuesday in an offering that valued the company at about $15 billion.

Wells Fargo CEO says Trump is entitled to be vocal about the Fed

Wells Fargo CEO Charlie Scharf said he "absolutely" supports the Federal Reserve's independence, but that the president is free to discuss interest rates.

Uber partners with fintech firm Pipe to offer capital to small businesses

Uber is partnering with fintech firm Pipe to incorporate embedded technology in the Uber Eats Manager for small businesses to access capital.

Wells Fargo CEO sees 'more downside' to U.S. economy as lower-income consumers struggle

Wells Fargo CEO Charles Scharf commented on the state of the economy the day after JPMorgan Chase CEO Jamie Dimon said jobs data shows the economy is weakening.

ACA cliff may mean 'huge premium shock' for 22 million people in 2026, expert says

Enhanced subsidies that have reduced Affordable Care Act insurance premiums since 2021 are set to expire next year unless Congress intervenes.

More investors want public and private assets in their portfolio. Now there's a benchmark to track this combo

Morningstar announced the Modern Market 100, the first framework to combine public and private equity exposure in one index.

Record share of U.S. businesses divert China investments. Top choice: Southeast Asia

Southeast Asia remained the most popular destination for redirected investments, followed by the Indian subcontinent.
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