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‘King of Cashmere’ CEO on outperforming the luxury slowdown: Don’t be greedy

Brunello Cucinelli’s success is tied to its ethos of choosing long-term integrity over short-term margin chasing, CEO Riccardo Stefanelli told CNBC.

Published 28 May 2026
Categorised as Finance News

Energy inflation has been more persistent than expected: Fed’s Goolsbee

While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.

Published 28 May 2026
Categorised as Finance News

Nio surges 9% after releasing first flagship EV in more than two years

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

Published 28 May 2026
Categorised as Finance News

Fed’s Kashkari says inflation fight takes priority as labor market is ‘in decent shape’

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Published 28 May 2026
Categorised as Finance News

Google employee charged with $1M Polymarket insider trading bet on search term

The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.

Published 28 May 2026
Categorised as Finance News

Stocks making the biggest moves after hours: Snowflake, Marvell Technology, Agilent Technologies & more

See which stocks are posting big moves after the bell.

Published 28 May 2026
Categorised as Finance News

Traders are skeptical of Iran timeline for Strait of Hormuz reopening

Despite reports Iran could return the passageway to normal traffic flows within a month of a peace deal, Kalshi traders thought that was unlikely.

Published 28 May 2026
Categorised as Finance News

Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: ‘We are on the lookout’

A $20 billion deal would be among the largest in JPMorgan’s history and could invite regulatory scrutiny given its position as the largest U.S. bank by assets.

Published 28 May 2026
Categorised as Finance News

Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too

The new products allow customers to create AI assistants capable of carrying out investing strategies or spending instructions with minimal human involvement.

Published 27 May 2026
Categorised as Finance News

New York’s pied-à-terre tax wealth effect: Here’s what to know

CNBC’s Robert Frank joins ‘Squawk Box’ with new details of New York’s pied-à-terre tax plan.

Published 27 May 2026
Categorised as Finance News

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Recent Posts

  • ‘King of Cashmere’ CEO on outperforming the luxury slowdown: Don’t be greedy
  • Energy inflation has been more persistent than expected: Fed’s Goolsbee
  • Nio surges 9% after releasing first flagship EV in more than two years
  • Fed’s Kashkari says inflation fight takes priority as labor market is ‘in decent shape’
  • Google employee charged with $1M Polymarket insider trading bet on search term

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