News

How Italy's banking M&A wave started crashing

The merger fever that's gripped Italy's banking sector showed signs of abating this summer — but its end isn't nigh.

Affirm's stock soars 15% on earnings, revenue beat

Affirm's earnings per share of 20 cents for the quarter was almost double what Wall Street expected.

Lisa Cook's lawsuit against Trump skirts mortgage fraud allegation

The document calls the fraud allegation "unsubstantiated and unproven" but does not go into detail about why that is the case.

Fed's John Williams stresses independence as Trump moves to fire Lisa Cook

The influential policymaker avoided commenting directly on Trump's efforts to fire Cook.

Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods

Travelers could score discounts on high-end items like watches and clothing by buying overseas. However, the strategy comes with risks.

How BlackRock and Goldman Sachs are bringing Wall Street's hottest asset class to 401(k)s

"The alternative market is becoming less alternative," BlackRock's Jon Diorio said. "It's growing very rapidly as public markets are shrinking."

Trump's Cook firing will likely end up in the Supreme Court's hands

Trump is the first president to attempt to fire a Fed governor since Congress established the central bank in 1913, Evercore ISI said.

Markets are sure the Fed will cut in September, but the path from there is much murkier

Friday's booming rally turned into Monday's reality check as investors weighed just how aggressive the Federal Reserve will be.

Why Fed chief Powell's rate cut signal lifted our non-tech stocks the most

Remarks from Fed Chairman Jerome Powell sparked a broad stock market rally on hopes of an interest rate cut sooner than later.

This under-the-radar ETF trend may be flashing a warning signal for the market

Massive inflows into pockets of the ETF market may be approaching their peak, setting up for a pandemic-like correction, one expert warns.

Here's what current and former Fed officials are saying about Lisa Cook investigation

Multiple current and former Fed officials are speaking up as Federal Reserve Governor Lisa Cook faces attacks from the Trump administration.

Cleveland Fed's Hammack casts doubt on interest rate cuts amid inflation worries

In a CNBC interview, the policymaker did not share the market's enthusiasm for a cut.
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