Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street 'alarmed' and 'depressed'
To say Wall Street isn't a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders...
Investment strategy
Jeremy Siegel says investors are viewing the U.S. bombings as 'a success to neutralize Iran'
The market's muted reaction to the U.S.' attacks at Iranian sites showed investors view the action as "a success to...
JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of...
This artificial intelligence subcategory is undergoing a 'golden age,' says long-time tech analyst Dan Ives
Wedbush Securities' Dan Ives, who launched an artificial intelligence exchange-traded fund this month, sees software as the subcategory to watch...
JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
The Chase Sapphire Lounge at LaGuardia Airport, accessible only to Sapphire Reserve customers.Benji Stawski / CNBCJPMorgan Chase is betting that...
Citadel's Ken Griffin says playing defense almost always guarantees losses even in turbulent times
Billionaire Ken Griffin , founder and CEO of Citadel, said playing defense is not the best strategy during times of...
Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards
Anna Barclay | Getty ImagesThe long-running rivalry between the country's top premium credit cards is about to heat up again.JPMorgan...
New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up
The S&P 500 is less than 3% from an all-time high. Six of its 11 sectors are within 5% of...
Israel-Iran attacks and the 2 other things that drove the stock market this week
What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel's overnight strike on...
Power play: Two money managers bet big on uranium, predict long shelf life for gains
The uranium trade's shelf life may last years.According to Sprott Asset Management CEO John Ciampaglia, a "real shift" upward is...
GameStop shares tank more than 20% as retailer reveals convertible debt offering, trading cards plan
A Gamestop store is seen in Union Square on April 4, 2025 in New York City. Michael M. Santiago | Getty...
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in...
State AGs led by NY's Letitia James pressure Meta to clean up investment scams on Facebook
New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July...
DoubleLine’s Gundlach says to buy international stocks on the dollar's 'secular decline'
Jeffrey Gundlach speaking at the 2019 Sohn Conference in New York on May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey...
Why BlackRock's smallest deal of 2024 may end up being its most consequential
BlackRock CEO Larry Fink has sent a clear message to investors: The world's largest asset manager's smallest acquisition last year...
Walmart is using its own fintech firm to provide credit cards after dumping Capital One
A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday,...
CEO recession expectations decline from April scare, survey says
Alexander Spatari | Moment | Getty ImagesBusiness leaders are walking back recessionary expectations for the U.S. that initially spiked in...
Most companies are already raising prices or plan to because of tariffs, data shows
Johnson & Johnson manufacturing facility in Wilson, North Carolina.Courtesy: Johnson & JohnsonData from the New York Federal Reserve shows a...
People are cooking at home at the highest levels since start of pandemic, according to Campbell's
A worker arranges cans of Campbell's soup on a supermarket shelf in San Rafael, California.Getty ImagesCampbell's has seen customers prepare...
