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Grayscale's CEO said that fees on its flagship bitcoin ETF will come down over time, softening an earlier stance defending costlier than market average fees.

High interest rates and rising losses on commercial real estate threaten hundreds of U.S. banks, mostly smaller regional lenders and community institutions.

Ethiopia's largest bank is struggling to recoup funds after a glitch over the weekend allowed customers to withdraw millions of dollars, according to local media reports.

Short-selling is a controversial practice, since it involves making money from the decline of somebody else's asset value.

"I'm in the camp that the Fed does not change policy in the summer of an election year," the Bianco Research president told CNBC's "Fast Money" on Monday.

Target-date funds are the best option for novice investors looking for a simple, hands-off approach, according to financial experts.

China on Monday reported economic data for the first two months of the year that beat analysts' expectations.

"What's driving the bitcoin market right now is a simple demand-supply imbalance," Bitwise CIO Matt Hougan told CNBC's "ETF Edge" on this week.

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.