Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states
Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House…
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Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners
Senate Majority Leader John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham…
2 of our banks just boosted their dividends. Here’s how their increases stack up versus our other names
Goldman Sachs and Wells Fargo shares hit record highs Wednesday after the Wall Street banks announced dividend hikes following Tuesday’s…
Santander doubles down on UK presence amid Spain’s banking M&A turmoil
A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010.Simon Dawson | Bloomberg…
Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug.…
Billionaire Ken Griffin’s hedge funds at Citadel are all in the green for 2025
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in…
Cliff Asness’ AQR sees multiple hedge funds up double digits in 2025, beating the market
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management took advantage of a volatile first half of 2025, with…
3 forces driving a record week for stocks as 7 portfolio names hit new highs
It’s been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing…
Trump’s war against the Powell Fed has taken another political turn
Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to…
Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China’s Zhejiang province Thursday,…
Bank investors bet on looser regulation under Trump. They are starting to see it
The first domino has fallen in the Trump administration’s bid to loosen regulations on Wall Street’s biggest banks. The Federal…
How the Republican megabill targets immigrant finances
Senate Majority Leader John Thune (R-SD) speaks to reporters at Capitol Hill on June 24, 2025 in Washington.Tasos Katopodis |…
Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’
To say Wall Street isn’t a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders…
China’s fintech giant Ant doubles down on health care with new AI app — and it wants it to go global
Alibaba-affiliate Ant Group released a new AI-powered healthcare app on June 26, 2025.Ant GroupBEIJING — Alibaba-affiliate Ant Group is doubling…
China urges Beijing-backed development bank to focus more on Belt and Road Initiative
Chinese Premier Li Qiang spoke at the opening ceremony of the ASEAN-China-GCC Economic Forum in Kuala Lumpur, Malaysia, on May…
China’s Li urges not to turn trade into a political or security issue
Chinese Premier Li Qiang delivers a speech during the opening ceremony of the World Economic Forum Annual Meeting of the…
Watch Fed Chair Powell testify live on interest rate policy before House committee
[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player…
Fed Chair Powell speaks on Capitol Hill this week with politics front and center
Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin…
Why electricity prices are surging for U.S. households
Kilito Chan | Moment | Getty ImagesElectricity prices are rising quickly for U.S. households, even as overall inflation has cooled.Electricity…
Fed Governor Waller says central bank could cut rates as early as July
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be…
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