Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central…
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Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
Adam Dodd, co-founder of wealth technology app Freetrade, is stepping down as CEO.FreetradeLONDON — The boss of U.K. stock trading…
‘I feel like I’ve been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes
People wait at the train station of Wu Qing, Tianjin, on January 8, 2016.Fred Dufour | Afp | Getty ImagesBEIJING…
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
Artist Yu Shu creates sculptures of Charlie Munger. Courtesy: Yu ShuOMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the…
This inflation-focused ETF may be in a sweet spot
It’s an exchange-traded fund designed to profit from higher rates.But even if the Federal Reserve starts to cut this year,…
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
Rohit Chopra, director of the Consumer Financial Protection Bureau, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing…
European companies in China are under pressure from slower growth, overcapacity
A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China,…
Watch Governor Andrew Bailey speak after the Bank of England’s rate decision
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a…
Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22,…
HD Hyundai Marine Solution doubles in South Korea’s largest IPO since January 2022
Employees of HD Hyundai Marine Solution Co., during the company’s listing ceremony at the Korea Exchange in Seoul, South Korea,…
Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’
OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss.“I was 100% responsible…
Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he’s gone
OMAHA, Nebraska — Warren Buffett said Saturday his designated successor Greg Abel will have the final say on Berkshire Hathaway’s…
Warren Buffett says Berkshire Hathaway is looking at an investment in Canada
OMAHA, Neb. — Warren Buffett said that Berkshire Hathaway is looking into an investment in Canada.“We do not feel uncomfortable…
‘A lot of money on the sidelines’: Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds.According to Calamos investments’ Matt Kaufman, there are trillions of dollars across…
Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’
Squishmallows in the images of Warren Buffett and Charlie Munger display at the Berkshire Hathaway Annual Shareholder Meeting at Omaha,…
Talent war between family offices and Wall Street drives up salaries
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…
Fed keeps rates steady as it notes ‘lack of further progress’ on inflation
WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a…
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed.“You could see some banks either fail or at…
New Calamos ETF promises ‘100% downside protection.’ Here’s how it works
A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday. The Calamos S&P 500…
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