Finance
Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
A Federal Reserve official said Monday that the market may have misunderstood the central bank's intended message last week after...
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Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Yuichiro Chino | Moment | Getty ImagesLike it or not, generative artificial intelligence has arrived on Wall Street — and...
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SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Herman Narula, co-founder and CEO of Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa...
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Fed sparks irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila...
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Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd...
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This ETF offering could become next year’s hot product
BNY Mellon's global head of ETFs suggested exchange-traded funds using options overlays could become next year's hot product."We are absolutely...
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Expecting a package this holiday? If so, don’t fall victim to delivery scams
Andresr | E+ | Getty ImagesAre you expecting a package delivery this holiday season?If so, scammers may try to dupe...
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Citigroup employees, on edge over layoffs, told they can work remotely until the new year
Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned.Workers...
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Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment...
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401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why
Valentinrussanov | E+ | Getty ImagesRetirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets...
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