Finance

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too

In this article HOOD Follow your favorite stocksCREATE FREE ACCOUNT Vlad Tenev, co-founder and CEO of Robinhood, rings the opening bell at the Nasdaq on July 29, 2021. Source: The Nasdaq Robinhood CEO Vlad Tenev says he doesn’t believe that the payment for order flow (PFOF) model of market-maker routing that the company incorporates in

JOHANNES EISELE | AFP | Getty Images Charlie Munger didn’t manage to help pull off one final deal with his lifelong partner Warren Buffett, but he remained hopeful that Berkshire Hathaway, with nearly $160 billion cash, will find its elephant one day. “We have $160 billion in cash, plus a great credit rating we deserve.

Steve Smith | Tetra Images | Getty Images Winter is almost here, meaning the year’s coldest temperatures aren’t far off. But homeowners can take advantage of recently enacted tax breaks to help boost their home’s efficiency, thereby trapping more heat inside and better defending against winter’s chill — and saving them money in the process.

Zepz, which owns the WorldRemit and Sendwave brands, has a headcount of around 1,600. Sopa Images | Lightrocket | Getty Images Zepz, the money transfer group that owns WorldRemit, made a fresh round of layoffs. The British fintech unicorn, which is backed by TCV, Accel, Leapfrog and other major venture capital funds, told CNBC exclusively

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank would exit China if the U.S. government ordered him to. “If the American government makes me leave China, I’m leaving China,” Dimon said at the DealBook Summit during a discussion about a potential future conflict

In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Charlie Munger ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Warren Buffett is arguably the most celebrated investor of our generation, but he couldn’t have earned the title without Charlie Munger’s influence. Munger, Berkshire Hathaway’s vice chairman who

A security guard at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while the lagged effects set in, the macroeconomic outlook

In this article GSBD AAPL Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Apple has given

Andrew Merry | Moment | Getty Images The following is an excerpt from “This week, your wallet,” an audio program produced by CNBC’s Personal Finance team. Listen to the latest episode here. [Editor’s note: Audio clip begins at the 2:33 minute mark.] Climate change has been described as a ticking time bomb, the threats of which

A 3D map showing the continent of Europe. Constantine Johnny | Moment | Getty Images Venture capital investment into Europe’s tech industry plunged by half in 2023 as investors continued to reel from the effects of high interest rates, according to data from venture capital firm Atomico. However, artificial intelligence was a standout category that

In this article .VIX Follow your favorite stocksCREATE FREE ACCOUNT Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 year-end target. “It’s really hard to get excited. If we have better [economic] growth, then