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  Category: Finance

Finance

Finance

3 forces driving a record week for stocks as 7 portfolio names hit new highs

June 28, 20250

It's been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club's portfolio. The S & P 500 jumped t...

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Finance

Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’

June 26, 20250

To say Wall Street isn't a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders in the Big Apple...

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Finance

China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

June 25, 20250

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.Ath...

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Finance

Why electricity prices are surging for U.S. households

June 23, 20250

Kilito Chan | Moment | Getty ImagesElectricity prices are rising quickly for U.S. households, even as overall inflation has cooled.Electricity pr...

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Finance

Fed Governor Waller says central bank could cut rates as early as July

June 21, 20250

Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be...

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Finance

AI avatars in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million

June 20, 20250

Chinese influencer Luo Yonghao and co-host Xiao Mu tried out livestreaming on Sunday, June 15, 2025, using interactive digital avatars based on B...

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Finance

JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee

June 18, 20250

The Chase Sapphire Lounge at LaGuardia Airport, accessible only to Sapphire Reserve customers.Benji Stawski / CNBCJPMorgan Chase is betting that ...

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Finance

Why aren’t Chinese consumers spending enough?

June 16, 20250

Customers look at clothes advertising discounts of 80% or 70% in a supermarket in Hangzhou, Zhejiang province, China, on June 9, 2025.Cfoto | Fut...

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Finance

Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB

June 14, 20250

Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., Apri...

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Finance

State AGs led by NY’s Letitia James pressure Meta to clean up investment scams on Facebook

June 12, 20250

New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City....

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