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Finance
3 stocks set to bounce once the Fed finally lowers interest rates
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. The S & P 500 and Nasdaq on Thursday retreated from their record highs, set in the…
Banks get closer to releasing deposits of stranded customers
Oscar Wong | Moment | Getty ImagesThere may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months.Banks involved in the mess caused by the collapse of fintech…
High inflation is largely not Biden’s or Trump’s fault, economists say
President Joe Biden and former President Donald Trump participate in the CNN Presidential Debate on June 27, 2024 in Atlanta.Justin Sullivan | Getty Images News | Getty ImagesInflation decelerated again in June, bringing further relief…
Watch Fed Chair Powell testify live before House financial panel
Federal Reserve Chair Jerome Powell is set to testify on Capitol Hill before the U.S. House Financial Services Committee on Wednesday.The appearance comes after Powell appeared before the Senate Committee on Banking, Housing and Urban…
Revolut boss confident on UK bank license approval after record profit
Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company's chances of being…
What Taylor Swift’s The Eras Tour says about ‘passion tourism’
Taylor Swift performs on stage during The Eras Tour on June 28, 2024 in Dublin, Ireland. Charles Mcquillan/tas24 | Getty Images Entertainment | Getty ImagesTaylor Swift's European tour was top of mind for Nikita Rao when planning where…
Job scams surged 118% in 2023, aided by AI. Here’s how to stop them
Ridvan_celik | E+ | Getty ImagesEmployment scams surged last year, as criminals leveraged artificial intelligence to steal money and personal information from unsuspecting job seekers, experts said.Consumer reports of job scams jumped…
Weight loss stocks should grab big gains, Tema ETFs’ CEO suggests
Tema ETFs has been capitalizing on the risk appetite for weight loss stocks.It is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS), which is up 26% since its inception last November.The firm's founder and CEO Maurits Pot thinks…
Rent a car for a road trip, or drive your own? 5 things to consider
Patchareeporn Sakoolchai | Moment | Getty ImagesSummer is the season of road trips.A record 70.9 million Americans are expected to travel by car during the July Fourth holiday week alone, according to AAA.For some car owners, it might be…
One of the biggest bears in this bull market is leaving JPMorgan
JPMorgan's Marko Kolanovic.Crystal Mercedes | CNBCA top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm.Marko Kolanovic, who served as chief global markets strategist and co-head of…