News

Bessent quips about his reported threat to punch Pulte in the face: Treasury secretaries 'have a history of dueling'

Bessent's remarks come after recent stories detailed a series of fiery confrontations between him and other Trump allies.

Workers are 'hugging' their jobs. There's a right and wrong way to do it

Workers are clinging to their jobs in a frozen labor market. Career experts and economists discuss the best way to approach a job right now.

Here are the five fintechs that could be next to IPO after Klarna

Klarna's bumper IPO has got investors wondering about which fintech names could be next to go public.

Consumers love buy now, pay later loans. Here’s why banks and credit card companies are wary of them

Buy now, pay later loans pose a direct challenge to credit cards. Banks and financial institutions are also wary of how they affect consumers' credit profiles.

This is Google Flights' 'No. 1 advice, always' to score cheap airfare

Flexibility can often make a "huge difference" for travelers, one expert says. Here's why.

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.
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