CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.
Stocks making the biggest moves premarket: Gap, NetApp, Intuit and more
These are the stocks posting the largest moves in premarket trading.
Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell’s term expires.
The founder of the biggest gold ETF is still bullish 20 years later
State Street’s chief gold strategist reflects on how his gold-tracking ETF has changed the commodity investing landscape over the last two decades.
Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism
“I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism,” the billionaire investor said.
Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more
These are the stocks posting the largest moves in midday trading.
Duct tape banana sells for $6.2 million
CNBC’s Robert Frank joins ‘Squawk on the Street’ to report on the massive number a crypto founder paid for ‘art’ of a banana duct taped to a wall Sotheby’s auction.
Crypto investor pays $6 million for a banana — and plans to eat it
Sotheby’s auctioned off the infamous piece of work titled “Comedian,” created by Italian artist and cultural prankster Maurizio Cattelan.
Here’s the impact of Trump’s tax and tariff plan
CNBC’s Robert Frank reports on news regarding President-elect Trump’s tariff and tax plan.
CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal
The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.