Kevin Warsh heads to Senate for second day of Fed testimony
The Fed chair faces Senate Banking Committee questions after giving few signals Tuesday on where interest-rate policy goes next.
Read →
Section
Stocks
Treasury taps Frank Bisignano to lead Trump accounts rollout
The IRS and Social Security chief will oversee expansion of the new child savings accounts, Treasury told CNBC.
Read →
New York Fed’s Williams says inflation has peaked as rates hold steady
John Williams said the Fed’s current rate stance can bring inflation back to 2%, even as markets still look for another hike.
Read →
Todd Blanche faces Senate scrutiny over Trump DOJ controversies
Trump’s attorney general nominee is set for questions on Epstein files, a canceled DOJ fund and prosecutions of the president’s cr...
Read →
Wholesale prices fell in June as gasoline costs pulled inflation lower
The producer price index dropped 0.3% in June, giving investors another cooler inflation reading ahead of the Fed’s next preferred...
Read →
Frequency pairs AI services plan with 1-for-500 reverse split
The OTC-listed company is trying to turn AI deployments into recurring products while its share count has been reset by a reverse...
Read →
Buffett says he started Berkshire’s Alphabet investment
Warren Buffett told CNBC he initiated Berkshire Hathaway’s Alphabet stake, while saying CEO Greg Abel now has the final call on in...
Read →
Dan Ives teams with Yorkville to start merchant bank
Yorkville Ives & Co. will target AI, tech, industrials, energy transition and infrastructure with banking, research, trading and i...
Read →
Trump says U.S. could hit Iran power plants as oil edges higher
Trump told Fox News that U.S. strikes on Iran could expand to power plants and bridges next week if diplomacy fails.
Read →
Buffett says market speculation is making bargains harder to find
The Berkshire Hathaway chair told CNBC that speculative trading has made value investing more difficult as stocks sit near record...
Read →
Goldman adviser Kathryn Ruemmler faces House questions on Epstein ties
The former Goldman legal chief is set for a voluntary House interview as lawmakers examine Jeffrey Epstein’s network and past fede...
Read →
SK Hynix jumps as Asia chip stocks rebound with Wall Street
Asian semiconductor shares rose Wednesday after a U.S. chip rebound, with SK Hynix up more than 11% in Seoul, CNBC reported.
Read →