Finance

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023.  Bloomberg | Bloomberg | Getty Images Divided between two takeover courtships, UniCredit‘s Andrea Orcel still has room to sweeten his bid for Italy’s Banco BPM, analysts say, while political turmoil stalls a deal with Germany’s Commerzbank.  Once a key architect

In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT BlackRock said Tuesday it will acquire HPS Investment Partners for $12 billion in stock, as the world’s largest asset manager looks to grow its presence in the highly popular private credit space. “We have always sought to position ourselves ahead of our clients’ needs. Together

Jerome Powell, chairman of the US Federal Reserve, right, speaks during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024.  Yuki Iwamura | Bloomberg | Getty Images NEW YORK — Federal Reserve Chair Jerome Powell said Wednesday he isn’t worried President-elect Donald Trump will

A large advertisement touting China’s “trade-in” policy hangs outside a housing construction project in Nanjing, China, on Nov. 29, 2024. Nurphoto | Nurphoto | Getty Images China’s latest efforts to kickstart growth haven’t had a broad impact yet, data and company earnings show, indicating the world’s second-largest economy won’t be roaring back soon. Growth in

[The stream is slated to start at 1:40 om ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Wednesday at the New York Times DealBook conference. The appearances comes two weeks ahead of when the central bank will announce its decision on

In this article SYF BFH JPM BARC-GB C COF Follow your favorite stocksCREATE FREE ACCOUNT A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City.  Robert Nickelsberg | Getty Images Banks that issue credit cards used by millions of consumers raised interest rates and

Donald Trump Jr. speaks with the media at the end of the debate between Republican vice presidential nominee U.S. Senator JD Vance (R-OH) and Democratic vice presidential nominee Minnesota Governor Tim Walz hosted by CBS in New York, U.S., October 1, 2024.  Brendan Mcdermid | Reuters Talks of Donald Trump Jr. joining the board of PSQ

In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea’s President Yoon Suk Yeol declared emergency martial law. South Korea President Yoon on December 3 declared emergency martial law, saying the step was

In this article Follow your favorite stocksCREATE FREE ACCOUNT Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s

Betsie Van Der Meer | Digitalvision | Getty Images The holiday season is a time to give thanks, reflect on the past year, and spend time with family and friends. However if you’re not careful, it can also be a time you overspend on holiday purchases. About 83% of Americans plan to buy gifts for

A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland. Bloomberg | Bloomberg | Getty Images Lombard Odier — one of Switzerland’s oldest private banks — was indicted by Swiss prosecutors for “aggravated money laundering.” In a release on Friday, the Office of the Attorney General of Switzerland (OAG) said it filed an

Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters BEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. It’s a reversal of past decades, during which,