News

TikTok aside, Congress has its eye on the U.S. money going into China

Greater Congressional scrutiny on U.S. investments into China means any new rules or restrictions may outlast presidential terms and become part of U.S. law.

Fed raises GDP, inflation outlook, while maintaining rate cut forecast

The Federal Open Market Committee's March projections for rate cuts shows a median Federal funds rate of 4.6% in 2024.

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday released its decision on interest rates following its two-day policy meeting.

Here's what changed in the new Fed statement

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

Bank of England set to hold rates, but falling inflation brings cuts into view

The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.

EU-China trade relations are in a 'slow-motion train accident,' business group says

Trade tensions between Europe and Beijing will likely escalate, according to Jens Eskelund, president of the European Union Chamber of Commerce in China.

Here's everything to expect from the Federal Reserve's policy meeting Wednesday

The Fed has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot.

Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

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.

Banks are in limbo without a crucial lifeline. Here's where cracks may appear next

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

'Glitch' at Ethiopia's biggest bank sees customers withdraw millions that isn't theirs

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.

An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others

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

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

"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.
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