News

New York AG sues Capital One after Trump-led CFPB drops similar case

New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above its expected range

EToro raised almost $310 million in its IPO late Tuesday, selling shares above its expected range.

Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion

Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion

Coinbase had its best day since just after last year's presidential election, as investors bought shares ahead of the company's inclusion in the S&P 500.

Here’s the inflation breakdown for April 2025 — in one chart

Inflation retreated in April, but tariffs are expected to re-ignite consumer prices in coming months.

Fintechs that raked in profits from high interest rates now face a key test

Fintechs like Revolut and Monzo got a revenue boost from higher interest rates. Now, they face a key test as rates decline.

U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas

Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from the National Retail Federation.

Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

Coinbase is joining the S&P 500, replacing Discover Financial, which is being acquired.

After UK and China trade deals, tariff rate still highest since 1934, Yale report says

Imports face steep levies despite recent trade deals the Trump administration reached with China and the U.K.

Bitcoin back above $100,000: Financial planning icon Ric Edelman reacts to the crypto ETF boom

Bitcoin’s milestone week comes as new crypto exchange-traded funds are hitting the market.

America is failing its youngest investors, warns personal finance guru Ric Edelman

Ric Edelman is warning young people to avoid several traps regarding their financial future.

With foreign tourists boycotting the U.S., businesses brace for falling sales

The U.S. is poised for weaker tourism from overseas this year amid tensions tied to trade and immigration.
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