News

What one Swiss bank's troubles can tell us about market vulnerabilities — and social media

The share price of Julius Baer plummeted after the Swiss private bank disclosed 606 million Swiss francs ($692.7 million) of loan exposure to a single client.

How a tax break of up to $3,200 can help heat your home more efficiently this winter

Homeowners can write off 30% of costs for upgrades such as installing energy-efficient doors, windows and insulation, up to a dollar cap.

Zepz, a $5 billion fintech unicorn, is laying off more staff

Zepz, which is backed by TCV, Accel, Leapfrog and other major VCs, told CNBC exclusively that it laid off 30 roles across its people and marketing functions.

Stock trading platform Robinhood to launch in UK after two failed attempts

Robinhood hood said Thursday that it's set to launch its platform in the U.K., in the company's third attempt at cracking international expansion.

Fed's Barkin says rate hikes are still on the table if inflation doesn't continue to ease

Markets largely expect that the Fed has stopped raising rates and will start cutting in 2024.

Why Warren Buffett wouldn't have become the greatest investor ever without Charlie Munger

Munger was instrumental in directing Buffett into buying strong-brand quality companies and staying away from dirt-cheap names that he called "cigar butts."

Jamie Dimon says JPMorgan Chase would exit China if ordered to

Growing geopolitical tensions — fueled by wars in Ukraine and Israel — have raised concerns that China could move to annex Taiwan.

How Munger and Buffett's 60-year partnership was so special: 'Charlie and I have never had an argument'

The journey to Munger and Buffett's unparalleled success was full of learning, experience and laughter, but never an argument.

Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024

Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.

Apple is trying to unwind its Goldman Sachs credit card partnership

The move would end one of the highest-profile partnerships between giants in the tech and banking sectors.

Charlie Munger's greatest bits of investing advice from over the years

Charlie Munger was a shrewd investment genius in his own right, passing on rich investing wisdom for generations of investors to learn from.

The life advice that Charlie Munger gave Warren Buffett: Live life backwards

Munger told Buffett, "he should write his obituary the way he wants it written, and then live his life accordingly," CNBC's Becky Quick said.
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