News

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.

Klarna prices IPO at $40, above online lender's expected range

Klarna priced its IPO at $40 a share, an offering that values the company at about $15 billion.

JPMorgan CEO Jamie Dimon says the economy 'is weakening'

Labor Department data showing the U.S. added fewer jobs than thought confirm the world's biggest economy is slowing down says JPMorgan Chase CEO Jamie Dimon.

Alibaba leads $100 million investment in Chinese humanoid robot startup

Capital is rushing into humanoids — X Square Robot has completed eight fundraising rounds in less than two years since the startup was founded.

Wall Street’s dilemma: How Fed rate cut hopes clashed with slowing jobs growth

The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.

Yieldstreet tell investors in $89 million worth of marine loans to expect losses

The news of this latest loss follows CNBC's report last month into Yieldstreet real estate investments that have resulted in $78 million in defaults.

Friday's jobs report could confirm a slowing labor market. But will stocks care?

Just how much it does will matter to investors.

Stephen Miran says he'll take unpaid leave from White House job while serving as Fed governor

Miran said he wouldn't fully resign his position at the White House while serving out the Fed Governor's term, which expires Jan. 31, 2026.
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