Finance

Charges against Jeffery Epstein were announced on July 8, 2019 in New York City. Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors. Stephanie Keith | Getty Images News | Getty Images JPMorgan Chase was aware in 2006 of accusations

Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 22, 2023. Olivier Douliery | AFP | Getty Images WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday.

In this article MGM GS GPN MDB BIPC TRTN SHOP SHOP-CA Follow your favorite stocksCREATE FREE ACCOUNT Harley Finkelstein, Shopify Scott Mlyn | CNBC Check out the companies making headlines before the bell Wednesday. Shopify — Shares of the e-commerce company gained 2.4% after JMP upgraded Shopify to market outperform from market perform. The firm

Wall Street is wrong about the Federal Reserve’s interest rate path, according to former PIMCO chief economist Paul McCulley. Barring a surprise jump in inflation, he believes mounting economic pressures will convince the Fed to stop hiking interest rates next month. “It would be a pause and then a pivot [later this year],” McCulley told

In this article NYCB WGRO TSLA AKAM MHK WW WHR KMX Follow your favorite stocksCREATE FREE ACCOUNT Pipettes are seen at the Moderna Therapeutics Inc. lab in Cambridge, Massachusetts, U.S., on Tuesday, Nov. 14, 2017. Moderna this week started testing Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday

In this article IMAX AMC MTDR EQT TSLA SQ PXD MU EE MSFT GOOGL AAPL 2330-TW TSM NKLA NFE Follow your favorite stocksCREATE FREE ACCOUNT A general view of Micron Technology’s building in Singapore, June 23, 2020.  Micron Gcm Studio | Reuters Check out the companies making headlines in midday trading Monday. Block — Shares

In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., in Iwaki City, Fukushima Prefecture, Japan in 2011. Bloomberg | Bloomberg | Getty Images Shares of Japanese trading houses rose in Tuesday afternoon trade after Warren Buffett, chairman and CEO of Berkshire Hathaway, said he

In this article 1211-HK Follow your favorite stocksCREATE FREE ACCOUNT BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC SHENZHEN, China — Electric vehicle giant BYD is banking on new driver-assist technology to smooth out car rides

In this article TSLA PXD MU Follow your favorite stocksCREATE FREE ACCOUNT Micron Technology headquarters in Boise, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Micron Technology – Shares jumped more than 6% following news that Samsung Electronics plans to cut memory chip

The U.K. finance sector made minimal headway in closing the gender pay gap last year, with some banks stalling — or even undoing — progress, according to new data. Glyn Kirk | Afp | Getty Images The U.K. finance sector made minimal headway in closing the gender pay gap last year, with some banks stalling

In this article FDX LEVI RELL Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Check out the companies making headlines before the bell: Richardson Electronics – Shares rose about 0.7% after Richardson Electronics reported a smaller backlog in its third fiscal quarter than it did in the same quarter a

Demand for bond ETFs appears to be rising. According to MarketAxess CEO Chris Concannon, there are signs Treasury ETFs are on the cusp of substantial inflows. “We’re about to see what I’d call [a] bond renaissance,” the electronic-trading platform CEO told CNBC’s “ETF Edge” this week. “The Fed is still taking action, so I would

In this article .BBKA CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK, NEW YORK – MARCH 15: Traders work on the floor of the New York Stock Exchange during morning trading on March 15, 2023 in New York City.  Michael M. Santiago | Getty Images Short sellers were sitting on more than $7 billion

The logo of cryptocurrency exchange Binance displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Binance’s Australian derivatives license was canceled at the crypto exchange’s own request, the Australian Securities & Investments Commission said Thursday, after the regulator had begun a “targeted review of Binance” in February. Beginning April 14, Binance’s derivative

In this article AI AMC LEVI XPO Follow your favorite stocksCREATE FREE ACCOUNT A consumer shops in a Costco store in Miami on Sept. 28, 2021. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Costco — The wholesale retailer’s shares dropped 2% after the company announced sales dipped 1.1%

In this article JNJ ZION CLNE ALB LW FDX EXEL Follow your favorite stocksCREATE FREE ACCOUNT A FedEx delivery man is seen on Chestnut Street in San Francisco on January 11, 2023 as atmospheric river storms hit California, United States. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before

In this article PLTR NVDA WAL JNJ Follow your favorite stocksCREATE FREE ACCOUNT The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Nvidia – Shares of the chipmaker slid about

A screen displays the logo and trading info for Western Alliance Bancorporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 14, 2023. Brendan Mcdermid | Reuters Shares of Western Alliance Bancorp cut steep losses Thursday after the regional bank gave a new update showing deposit outflows stabilizing

In this article CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT The Credit Suisse logo seen displayed on a smartphone and UBS logo on the background. Sopa Images | Lightrocket | Getty Images Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland’s economy and financial center and likely resulted in deposit runs at

In this article CAT K-CA NEM ETSY AMC VORB NOW Follow your favorite stocksCREATE FREE ACCOUNT Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake |