PayPal is betting that a new corporate structure can reignite growth at a company that has lost ground to Apple, Google and Stripe in the e-commerce battle.
Fed holds rates steady but with highest level of dissent since 1992
The Federal Reserve on Wednesday released its latest decision on interest rates.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.
Traders brace for $800 billion in earnings-related stock movement
Wenesday night is the main event for earnings season, with Alphabet, Amazon, Meta and Microsoft – four of the “Magnificent Seven” — set to report.
Kalshi bettors see Powell staying on as Fed governor after chair term ends
Bettors on the platform don’t think Powell will leave until August. If he stays on until then, he’d attend two more meetings of the FOMC.
Bill Ackman’s $5 billion Pershing Square IPO to start trading, testing Berkshire-style vision
The listing gives public investors their first direct stake in Ackman’s investment platform, which runs a concentrated portfolio of 10 large-cap names.
Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it
Blockworks wants to position itself as the main data provider for the world of digital assets in a bid to attract more investors to the asset class.
Stocks making the biggest moves premarket: Seagate, Robinhood, Humana, Generac & more
These are the stocks posting the largest moves premarket.
California’s wealth loss: Here’s what to know
California’s billionaire tax proposal isn’t even a law yet, but it has cost eh state nearly $1 trillion in lost wealth. CNBC’s Robert Frank joins ‘Squawk Box’ with more.
Will rates go higher in Europe this week? Central banks confront stagflation threat
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.