JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
Warren Buffett on the market today: ‘It’s tough to find values when everybody is preferring gambling’
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
New York Fed President Williams says inflation has peaked, rates ‘well positioned’
Williams cited five reasons why he expects the latest price surge has run its course.
Buffett says Trump’s pick of Kevin Warsh for Fed chair was ‘good choice’
Warren Buffett believes Fed Chair Kevin Warsh will do the best job he can.
Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter’s outsized results.
Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.
Stocks making the biggest moves premarket: BlackRock, PayPal, ASML, Morgan Stanley & more
These are the stocks posting the largest moves premarket.
The $60 trillion in missing inheritance: Here’s what to know
Baby boomers are expected to transfer around 100 trillion dollars in wealth inheritance in the coming decades, but Visa is warning that number could be a lot smaller. CNBC’s Robert Frank joins ‘Squawk Box’ to explain why.
Warren Buffett calls Bill Gates’ actions with Epstein ‘distasteful,’ but people make mistakes
The Berkshire Hathaway chairman left out the Gates Foundation from his annual charitable stock gifts for the first time in 20 years.