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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.

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

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

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.

Speaking to CNBC's "Squawk Box Asia" on Thursday, the founder of Bridgewater Associates explained that what the U.S. needs is "broad-based prosperity."

On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.

Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors, CEO Richard Teng told CNBC's Lin Lin.

The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.

The so-called "dot plot" indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.

The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.

The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72.

While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.