Finance
American households have seen their purchasing power increase
Rudi_suardi | E+ | Getty ImagesAmericans have seen their buying power rise for a year amid falling inflation and a...
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Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28,...
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Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
Zilch CEO Phil Belamant.ZilchLONDON — British fintech firm Zilch said Wednesday it's raised $125 million in debt financing from German...
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Steve Cohen is set to make a big push into investing in AI
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024.CNBCBillionaire investor Steve Cohen's Point72 plans to...
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Opinion: The elements for a big stock market drop are aligning. Here’s why investors shouldn’t panic
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersWhen is the next stock market crash...
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GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in...
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Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.CNBCBerkshire Hathaway, an early...
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Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Jeffrey Smith, CEO and chief investment officer at Starboard Value LP.David Paul Morris | Bloomberg | Getty ImagesStarboard Value, the activist fund...
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More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
Halfpoint Images | Moment | Getty ImagesThe federal government has issued more than $1 billion in tax credits as an...
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Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce
Keith Gill, a Reddit user credited with inspiring GameStop's rally, during a YouTube livestream arranged on a laptop at the...
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