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CNBC Financial News

Stocks making the biggest moves premarket: Twitter, Affirm, Robinhood and more

Fri, 05/13/2022 - 04:42
These are the stocks posting the largest moves before the bell.

World's biggest stablecoin regains dollar peg after $3 billion in withdrawals

Fri, 05/13/2022 - 03:33
The collapse of another so-called stablecoin called terraUSD had shaken crypto investors' confidence in tether.

Stock futures are flat with S&P 500 teetering on edge of a bear market

Thu, 05/12/2022 - 16:05
The S&P 500 is more than 18% from its all-time high, putting it within striking distance of an official bear market.

Powell says he can't guarantee a 'soft landing' as the Fed looks to control inflation

Thu, 05/12/2022 - 14:20
Federal Reserve Chairman Jerome Powell warned Thursday that getting inflation under control could cause some economic pain but remains his top priority.

Federal Reserve Chair Jerome Powell confirmed by Senate for a second term

Thu, 05/12/2022 - 12:10
The Senate on Thursday voted to give Powell a second four-year run at the central bank's helm.

Franklin Templeton CEO Jenny Johnson says active management pays off during extreme volatility

Thu, 05/12/2022 - 11:20
Jenny Johnson said she's focused on bolt-on acquisitions in technology and alternatives to fill product gaps in Franklin Templeton's business.

Heavily shorted online used car seller Carvana surges 20%, is halted several times

Thu, 05/12/2022 - 11:16
Shares of online used car retailer Carvana surged Thursday amid a wild trading session.

Hedge fund winners and losers emerge in brutal tech-driven sell-off

Thu, 05/12/2022 - 11:08
Tech-focused investors are getting crushed, while some value, macro and international oriented players are reaping sizable gains despite the market bloodbath.

Stocks making the biggest moves midday: Carvana, GameStop, AMC, General Motors and more

Thu, 05/12/2022 - 10:11
These are the stocks posting the largest moves in midday trading.

Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks

Thu, 05/12/2022 - 05:47
Young is the latest in a string of exits from Goldman's consumer business.

Stocks making the biggest moves premarket: Ford, General Motors, Tapestry and more

Thu, 05/12/2022 - 04:43
These are the stocks posting the largest moves before the bell.

The world's biggest stablecoin has dropped below its $1 peg

Thu, 05/12/2022 - 04:26
Tether sank to as low as 98 cents Thursday morning, according to data from CoinGecko.

Bitcoin plunges below $27,000, erases 2021 gains as cryptocurrency sell-off intensifies

Thu, 05/12/2022 - 01:31
Bitcoin slumped below $27,000 Thursday for the first time in over 16 months as cryptocurrency markets extended their losses.

Stock futures rise slightly following hot inflation report

Wed, 05/11/2022 - 15:58
Stock futures rose slightly Wednesday evening after the latest CPI data showed inflation is still running hot.

Stocks making the biggest moves after hours: Disney, Bumble, Rivian and more

Wed, 05/11/2022 - 13:47
These are the stocks posting the largest moves in extended trading.

Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors

Wed, 05/11/2022 - 11:18
A spot-based bitcoin ETF has eluded the industry for over five years. With an SEC deadline coming up, will Grayscale finally break through?

How fast does inflation cut buying power? Here's a simple guide

Wed, 05/11/2022 - 11:00
Rising prices for goods and services mean your money buys less. The "rule of 72" can help gauge how quickly its value decreases.

Stocks making the biggest moves midday: Roblox, Electronic Arts, Coinbase, RealReal and more

Wed, 05/11/2022 - 10:30
These are the stocks posting the largest moves in midday trading.

Stocks making the biggest moves premarket: Wendy's, Krispy Kreme, Perrigo and more

Wed, 05/11/2022 - 04:51
These are the stocks posting the largest moves before the bell.

Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 50 cents

Wed, 05/11/2022 - 02:13
UST, a so-called stablecoin that's meant to maintain a $1 peg, was trading at just 50 cents Wednesday.

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