A major exchange-traded fund manager suggests the oil trade won’t provide much upside ahead.
Category: Finance News
UK economy surprises with stronger-than-expected 0.3% growth in November
Economists expect the U.K. economy to improve in 2026, particularly as the Bank of England is likely to continue on its interest rate-cutting path.
Goldman Sachs is about to report fourth-quarter earnings — here’s what the Street expects
Trading desks across Wall Street have benefited in the last year as Trump’s policies have roiled markets for bonds, currencies, commodities and stocks.
Under threat from Trump, Wall Street banks wager they can fend off credit card price controls
Five days after Trump’s demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on the policy.
Stocks making the biggest moves midday: Biogen, Rivian, Bank of America, Airbnb & more
These are the stocks posting the largest moves in midday trading.
Sen. Warren says Trump called her to work on credit card interest rate caps
Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
Airlines to save big money on fuel as new weight-loss pills gain popularity, Wall Street says
Jefferies argued that a 10% reduction in average passenger weight could translate into roughly 2% total aircraft weight savings.
Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.
Citigroup earnings are out – Here are the numbers
Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
Buffett’s philanthropic challenge: Here’s what to know
Warren Buffett’s three children are facing one of the toughest and important jobs in philanthropy. CNBC’s Robert Frank joins ‘Squawk Box’ with the details.