News

Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Wall Street expects Trump presidency will unlock deal-making

Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

China urges U.S. cooperation as Trump trade threat looms

China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.

Payments giant Adyen reports 21% jump in third-quarter sales

Adyen, whose technology allows firms to accept payments online and in-store, reported third-quarter net revenue of 498.3 million euros, up 21% year-over-year.

Trump win and threat of more tariffs raises expectations for more China stimulus

Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.

UniCredit and Commerzbank square off with target hikes amid takeover battle

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.

British fintech firm Wise posts 55% jump in profit on expanding market share

British digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.

China's central bank affirms supportive monetary policy stance at closely watched meeting

The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy," state media said in Chinese, translated by CNBC.

10-year Treasury yield rises with all eyes on the U.S. election

Bond yields could see a big pop in the event of a Trump win as more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.

Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals

Trump Media on Tuesday reported a loss for the third quarter along with a slight drop in already-meager revenue.

Trump Media stock jumps on election day as traders bet Truth Social will benefit from his potential win

Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.

Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia

Deeproute said it is the first company in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next year
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