CNBC’s Andrew Ross Sorkin provides an update on the latest financial and economic news, covering significant market movements and key events affecting the economy. He highlights...
The U.S. is set to announce a $1.25 billion military aid package to Ukraine as part of efforts to deliver substantial assistance before President Biden exits...
Michael Saylor, CEO of MicroStrategy, recalled his company’s successful 1998 Nasdaq debut while advocating for bitcoin at the Bitcoin 2023 conference. Since 2020, MicroStrategy has amassed...
A coalition of banks, including JPMorgan and Goldman Sachs, is suing the Federal Reserve over its annual bank stress tests. The Bank Policy Institute and various...
The Federal Reserve’s forecast indicates a slower pace of interest rate cuts, which could discourage those in debt while benefiting savers with high-yield cash accounts. Experts...
“The Threshold of Reverie” is a groundbreaking project by Botto, a decentralized AI artist that has generated around 150 artworks, selling for over $5 million since...
Tech billionaire Elon Musk faced accusations of censorship from conservatives after several right-wing accounts lost access to premium features on his social media platform, X, following...
Asia-Pacific stocks saw a generally positive trend on Thursday, with Japan’s Nikkei 225 rising 1.12% to 8,220.9, driven by news of a record $735 billion budget...
Hedge funds and notable investors are focusing on high-conviction stock picks, particularly in the financial sector, which has seen significant interest following Donald Trump’s election. Goldman...
In November 2024, U.S. exchange-traded funds (ETFs) surpassed $10 trillion in assets for the first time, driven by a record $156 billion in inflows. The S&P...