The positive description of the Waller interview by officials was not necessarily an indication that he was a favorite candidate for the job. Continue Reading »
Visa said it successfully completed hundreds of AI transactions as part of a pilot program it kicked off after a product event in April. Continue Reading »
Billionaire investor Ron Baron believes many high-quality stocks are being overlooked in a tech-obsessed market, including two financial companies he is buying. Continue Reading »
Tricolor's collapse was one of a string of defaults that churned the U.S. banking industry this fall, sparking concerns over risks in the financial system. Continue Reading »
Critics argue that formalizing nearly nonstop trading could worsen some of the very problems that plague the structure of equity markets today. Continue Reading »
Traders marked Warsh as the narrow favorite to replace Jerome Powell, assigning him roughly a 46% chance of nomination, compared with about 39% for Hassett. Continue Reading »
Slope, an AI lending platform backed by JPMorgan Chase, told CNBC exclusively that it is launching a partnership with Amazon's independent sellers. Continue Reading »
Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — which use options to help protect against market losses. Continue Reading »
Warsh's odds jumped to as high as 40% after Trump told the Wall Street Journal that Warsh has risen to the top of his list to be the next chair of the Fed. Continue Reading »
A source told CNBC that Coinbase will soon unveil prediction markets, powered by Kalshi, underscoring the firm's push to fulfill its "everything exchange" vision. Continue Reading »
With the S&P 500 Index concentrated in a handful of tech stocks, the equal-weight market approach is getting more attention in portfolio planning for 2026. Continue Reading »
The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a minidrama in a move that came a bit earlier than usual. Continue Reading »
Harness CEO Jyoti Bansal wants to eventually take Harness public after he sold his previous startup, AppDynamics, to Cisco just before a planned IPO. Continue Reading »
If approved, the Nicholas Bitcoin and Treasuries AfterDark ETF would buy and sell bitcoin-linked financial instruments outside U.S. trading hours. Continue Reading »
The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises. Continue Reading »
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in October. Continue Reading »
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. Continue Reading »
IMF Managing Director Kristalina Georgieva said such a move was needed "so as not to provoke other countries to take measures to curb down Chinese exports." Continue Reading »
The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead. Continue Reading »
The move comes despite a series of recent pullbacks in the crypto market that saw bitcoin trade at around $85,000 earlier this month. Continue Reading »
The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations. Continue Reading »
‘We just can't afford this’: Elmira proposes 12% tax increase in 2026 budget, say county executive actions stress city finances WSKG Continue Reading »