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Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy

Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth.

Published 9 January 2026
Categorised as Finance News

Layoff pace in December hit lowest level since mid-2024, Challenger says

Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from the same period a year ago.

Published 8 January 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more

These are the stocks posting the largest moves in the premarket.

Published 8 January 2026
Categorised as Finance News

JPMorgan Chase reaches deal to become Apple credit card issuer, source says

JPMorgan Chase has reached a deal to take over the Apple credit card from Goldman Sachs, according to a source.

Published 8 January 2026
Categorised as Finance News

JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes

JPMorgan said it is instead using artificial intelligence to aggregate and analyze proxy data.

Published 8 January 2026
Categorised as Finance News

Inside California’s billionaire tax: Here’s what to know

CNBC’s Robert Frank joins ‘Squawk Box’ to discuss the details of California’s proposed billionaire tax.

Published 8 January 2026
Categorised as Finance News

Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to $100 billion

The board of GameStop granted Cohen performance-based stock options tied to a $100 billion market-capitalization target.

Published 8 January 2026
Categorised as Finance News

Private payrolls rose 41,000 in December, slightly below expectations, ADP says

Private sector job creation turned positive in December though at a bit softer pace than expected.

Published 8 January 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Mobileye, GameStop, Chevron & more

These are the stocks posting the largest moves in premarket trading.

Published 7 January 2026
Categorised as Finance News

Euro zone inflation hits 2% in December, in line with forecasts

Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday.

Published 7 January 2026
Categorised as Finance News

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