News

China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’

China's Ministry of Commerce said it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions involving Xinjiang.

China's central bank chief set to hold press conference days after Fed rate cut

People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads.

Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.

China stimulus calls are growing louder — inside and outside the country

The world's second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.

Why this top fund manager says the best investment this year is 'the hedge against political cycles'

The CEO of VanEck breaks down two of this year’s red-hot trades.

401(k) savers can access one of the 'rare guarantees' in investing, CFP says

Financial advisors often tout a 401(k) match as free money.

Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

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Pesky medical bill? Most people don't take a key step to manage that debt, study finds

Most people who don't question potential errors on medical bills think doing so won't get results. Evidence suggests otherwise.

American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say

American has been working with banks and card networks on a new deal with the aim of consolidating its business with a single issuer, sources tell CNBC.

Huawei's trifold phone is proving popular among Apple iPhone fans in Beijing

Out of 10 people CNBC talked to, eight said they are interested in both the new Huawei and Apple phones.

Tesla’s Chinese rival Nio cuts price for new Onvo-branded car

There's yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.

What buying Commerzbank would mean for UniCredit — and the banking sector

Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe's banking sector.
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