News

BNY raises profit target as CEO Robin Vince says 'turnaround' is taking hold

BNY raised a pair of key medium-term performance targets on Tuesday.

Alibaba-backed PixVerse launches real-time AI video tool, top executive tells CNBC

Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.

JPMorgan Chase is set to report fourth-quarter earnings – here's what the Street expects

JPMorgan will give investors a view into how consumers and corporations fared toward the end of last year and issue guidance on how 2026 may develop.

Republican Sen. Thom Tillis vows to block Trump's Fed nominees following Powell probe

Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.

JPMorgan's looming question: What happens when CEO Jamie Dimon leaves?

JPMorgan Chase CEO Jamie Dimon marks 20 years as CEO this month. Insiders say he remains as involved as ever managing the sprawling operations of the megabank.

Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say

A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.

Trump targets credit card rates. What’s at stake for Capital One and other banks

Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.

Yellen says Powell probe 'extremely chilling' for Fed independence, market should be concerned

Former Fed Chair Janet Yellen spoke Monday to CNBC about a Department of Justice investigation into current Chair Jerome Powell.

DOJ probe into Fed chair Powell is 'Maduro' warning from Trump, analyst says

Investors could reassess U.S. assets as Powell probe reignites fears over central bank's independence from the White House.

China's AI and robotics push isn't enough to kickstart its economy, leaving growth more exposed to trade risks

New tech sectors still account for a far smaller portion of China's economy than the gap left by the real estate slump.

Lawmakers are preparing to try again on major crypto bill. Why it matters and what happens next

Some lawmakers will meet on Thursday to discuss and edit draft legislation on crypto market structure, with the aim of passing a comprehensive law this year.

How BlackRock, world's largest asset manager, is fine-tuning market portfolios for 2026

Investing giant BlackRock expects bull market in AI stocks to extend in 2026, but says investors should focus on targeted bets and turning cash into income.
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