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Finance
Powell says inflation is still too high and lower economic growth is likely needed to bring it down
Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the central bank would be "resolute" in its commitment to its 2%…
It’s time to buy the dip in this private equity stock, analysts say
Multiple Wall Street analysts are sticking by their bullish calls on Blackstone despite a disappointing third quarter, telling investors that now is the time to buy the stock.…
Prosecutors in Bankman-Fried trial compare defense argument to ‘Dumb and Dumber’
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New…
What we’ll be watching when these 10 companies report next week
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. U.S. equities again came under…
Stocks making the biggest moves midday: SolarEdge, Regions Financial, Merck and more
Check out the companies making headlines in midday trading. Schlumberger — The oilfield services stock dropped 2% after third-quarter revenue missed Wall Street expectations.…
Regional bank shares slump as lenders warn of more pain from higher interest rates
Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023.Patrick T. Fallon | AFP | Getty ImagesStock Chart IconStock chart iconRegional…
Biden seeks $105 billion for Ukraine, Israel, Taiwan, border security
U.S. President Joe Biden, accompanied by Vice President Kamala Harris and U.S. Secretary of State Antony Blinken, makes remarks after speaking by phone with Israeli Prime Minister…
Sam Bankman-Fried, FTX allies secretly poured $50 million into ‘dark money’ groups, evidence shows
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York…
Stocks making the biggest premarket moves: SolarEdge, Intuitive Surgical, Knight-Swift and more
Check out the companies making the biggest moves in premarket trading: SolarEdge Technologies — The solar stock tumbled nearly 29% after the company lowered its third-quarter…
Coinbase is ‘confident’ a U.S. bitcoin ETF will be approved after SEC’s court defeat
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the company's chief legal officer, Paul Grewal, told…