News

Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion

Credit card interest rates and debt levels are at historic highs. Consumers leaned more on their cards as inflation increased in the pandemic era.

Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more

These are the stocks posting the largest moves in midday trading.

Paul Tudor Jones says it's hard to like stocks given geopolitical risks, weak U.S. fiscal position

Paul Tudor Jones said it's an extremely tough time to be an investor in risk assets amid escalating geopolitical tensions and the dire fiscal position in the U.S.

Housing industry urges Powell and the Fed to stop raising interest rates

Officials voiced their worries about the direction of monetary policy and the impact it is having on the beleaguered real estate market.

Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more

These are the stocks posting the largest moves in premarket trading.

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

As the nation's biggest retailers kick off key sales week, former Walmart U.S. CEO Bill Simon warns consumers are at a tipping point.

Stocks making the biggest moves midday: General Dynamics, United Airlines, Spotify and more

These are the stocks posting the largest moves in midday trading.

Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, Walt Disney and more

These are the stocks posting the largest moves in early trading.

Shares of UK's Metro Bank up 26% after securing fresh capital

Investors were spooked last week by the news the bank was searching for a large financing package.

China's domestic tourism is finally back to pre-pandemic levels

China's big "Golden Week" holiday saw domestic tourism rebound to around pre-pandemic levels, while overseas travel had yet to fully recover.

China responds to Israel-Hamas conflict with a call to 'end the hostilities'

China called for a ceasefire in the Israel-Hamas conflict — and for "establishing an independent State of Palestine," according to a Ministry of Foreign Affairs statement.

Why now may be the time to own corporate bonds

"Some of the corporates got higher quality than the U.S. government [bonds] right now," JPMorgan's Bryon Lake told CNBC's "ETF Edge" this week.
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