Man pleads guilty in stock fraud case involving $100 million New Jersey deli
A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company…
Houthi attacks rocking Red Sea trade routes likely won’t end anytime soon. Here’s what could happen next
Drone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow…
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…
Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment…
Bull on the tracks delays trains in New York, New Jersey
It really is a bull market out there. A wayward bull that somehow got loose on New Jersey train tracks…
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to fall to the 3% range next year, following the…
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projections on Wednesday, seeing its favorite gauge falling to 2.4% in 2024. The…
$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes
Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive…
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night. The conglomerate previously…
Macy’s shares surge 21% after it receives $5.8 billion buyout offer
Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar with the matter told…
