Finance
Finance
Rising star Pete Buttigieg enlists Obama and Clinton fundraisers for 2020 presidential run
Pete Buttigieg’s increasingly popular presidential runhas drawn the support of more than two dozen top Democratic fundraisers, including people who bundled big-dollar donations...
JP Morgan and Bank of America posted record profits, but investors worry it’s downhill from here
The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted...
Analyst Dick Bove: The war is over and the bankers have won
The House Banking Committee held a hearing on Wednesday to discuss the financial stability of the nation’s biggest banks. It requested the presence...
North Korea could target Southeast Asia’s vulnerable crypto sector, says defense think tank
North Korea‘s cyber capabilities and financial networks pose a threat to Southeast Asia’s growing, yet vulnerable, cryptocurrency sector, according to British defense and...
Major Wall Street firm worries about surprise Fed rate hike, says biggest market gains are overseas
The best investment opportunities may be thousands of miles away, according to a major Wall Street firm. That is, the upside potential is...
UK parliament ‘very likely’ to consider new Brexit referendum, says British finance minister
The idea of a second Brexit referendum is very likely to be put before Britain’s parliament again although the government remains opposed to...
Why June is set to be a decisive meeting for the ECB
During the IMF meetings in Washington this week, Finnish Central Bank Governor Olli Rehn told CNBC that how the economy evolves by June...
G-20 chiefs: World economic growth to revive later this year
The global economy is likely to pull out of a brief growth slump later this year — with a little help from the...
Fed officials are leaving the door open for more rate hikes if the economy improves, minutes say
Federal Reserve officials at their most recent meeting left room for the possibility of interest rate increases before the end of the year,...
After-hours buzz: Bed Bath & Beyond, Costco & more
Check out the companies making headlines after the bell: Shares of Bed Bath & Beyond initially jumped before reversing to trade 6% lower...
Here’s what Jamie Dimon and other bank CEOs said are the biggest risks to the economy right now
The leaders of the biggest U.S. banks have a message for Congress: take a closer look at the ballooning markets for student and...
Deutsche Bank Middle East CEO admits market sentiment is poor for Gulf economies
Market sentiment is not great for Gulf states at the moment, Deutsche Bank’s Middle East and Africa CEO said Saturday, acknowledging the concerns...
Several private firms still interested in buying Nielsen as sale process drags on
Nielsen, the media research firm famous for its TV ratings, is still contemplating an outright sale, fueled by continued private equity interest, according...
Wall Street will likely see worst earnings season in about three years, Nick Colas warns
It may be an earnings season to forget. DataTrek Research’s Nicholas Colas believes the upcoming round of quarterly numbers will be the most...
Lyft threatens litigation against Morgan Stanley for allegedly supporting short-selling
Lyft has threatened litigation against Morgan Stanley, accusing the firm of supporting short-selling for investors who are subject to lock-up agreements. In a...
