News

China's VCs look to the Middle East for a U.S. dollar lifeline

Venture capitalists in China that once relied on U.S. investors are now holding court with Middle Eastern money.

'Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition

Employees of a startup purchased by JPMorgan Chase expressed disbelief when the company's founder directed them to boost their customer count ahead of the acquisition.

Bank of America makes $500 million equity push for minority- and women-led funds

Bank of America has allocated over $500 million in equity investments to fund managers led by minorities and women.

Stocks making the biggest moves midday: Cava, Domino's Pizza, Kroger, Lennar and more

These are the stocks posting the largest moves midday.

'We’re all crazy when it comes to money,' advisor says. How to manage your psyche for better finances

Human brains are wired to make financial mistakes, behavioral experts said at CNBC's Financial Advisor Summit. Here's why.

U.S. withdraws new charges in Sam Bankman-Fried case, punts them to 2024

Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried.

Watch: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde will give a press conference following the bank's monetary policy decision Thursday.

Stocks making the biggest moves before the bell: American Express, Domino's, Coinbase and more

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

NFL looks to give a boost to Black- and minority-owned banks

The league is borrowing $78 million from a syndicate of Black- and minority-owned banks and financial institutions in a bid to juice community lending.

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

Money transfer unicorn Zepz is looking to expand its business through mergers and acquisitions, the company's CEO Mark Lenhard told CNBC.

'Bite of these higher rates is gaining traction almost every day,' KBW CEO Thomas Michaud warns

KBW CEO Thomas Michaud warns the economy hasn't fully absorbed higher interest rates yet.

The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%

The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6% before 2023 is over.
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