News

Bitcoin is still up about more than 50% year to date, and the overnight drop came from near record highs.

Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new "billionaire tax."

The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools that create human-like responses to queries.

HSBC is "very positive" about the mid- to long-term outlook for the Chinese economy despite the current headwinds, the British bank's chief financial officer told CNBC on Thursday.

Trying to time the stock market during a presidential election year could cost investors. Here's how to stay the course.

The U.S. central bank will likely reduce its benchmark interest rate by 0.75 percentage points to 1 point this year and achieve a "soft landing," experts said.

JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC's David Faber has learned.

Banks delivered record payouts as high interest rates boosted margins, according to a new report from British asset manager Janus Henderson.

Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against stubborn inflation.

Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.

Valuations of Chinese stocks are "way too low," according to Shaun Rein, founder and managing director of the China Market Research Group.

In 2023, Amtrak revived long-held hopes for a Texas bullet train, in an attempt to capitalize on $66 billion in federal funds for passenger rail upgrades.