News

Tether eyes U.S. expansion with new stablecoin as CEO courts Washington crypto players

CEO Paolo Ardoino's recent charm offensive in Washington has put a spotlight on Tether amid the pro-crypto shift under President Trump.

U.S. tariff uncertainty puts China-made Christmas presents in question

As Chinese factories and their U.S. buyers try to navigate tariff uncertainty, there's a concern about whether products will arrive in time for Christmas.

Gold ETF investors may be surprised by their tax bill on profits

The IRS treats gold — and exchange-traded funds backed by physical gold — as collectibles. Collectibles have a top 28% tax rate for long-term capital gains.

Musk says 'eyebrow raiser' $2.5 billion Fed building expansion should be subject to scrutiny

As he exits his efforts to curtail wasteful government spending, Elon Musk takes one last shot.

Foreign shareholders traveling to Omaha for Berkshire Hathaway annual meeting face new puzzle

This year's Omaha gathering comes after President Trump launched a global trade war, intensifying political tensions between the U.S. and other nations.

British bank Barclays reports profit beat in the first quarter

British bank Barclays on Wednesday reported slight beats on revenue and profit, boosted by stronger investment bank performance.

Eric Trump: 'If banks don’t watch what’s coming, they’ll be extinct in ten years'

"The modern financial system is broken, it's slow, it's expensive," the executive vice president of the Trump Organization told CNBC.

Swiss giant UBS posts profit beat, warns of 'material risk' to global growth from U.S. tariffs

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe's largest bank amid sweeping U.S. tariffs.

Britain at risk of losing ground to rival fintech and crypto hubs, execs warn

"I think the U.K. will get it right — but there is a risk if you get it wrong that you drive innovation to other markets," Coinbase's U.K. head told CNBC.

Where the 'Fast Money' traders see the most promise — and problems — over President Trump's next 100 days

The "Fast Money" traders share their best and worst trades over President Trump's next 100 days.

This is what typically happens to stocks after periods of high volatility

Extreme volatility generally leads to strong returns for investors after a year.

UK announces draft rules for crypto industry, touts greater collaboration with U.S.

U.K. Finance Minister Rachel Reeves on Tuesday announced plans for a "comprehensive regulatory regime for crypto assets."
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