Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…
Stocks making the biggest moves midday: Etsy, Pfizer, Tesla, Vertex Pharmaceuticals and more
Check out the companies making headlines in midday trading. Etsy — Etsy’s stock sank 2% after the e-commerce company said…
$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…
Inflation slowed to a 3.1% annual rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
Yemen’s Houthi attacks Norwegian tanker after threat to target any Israel-bound ships
Yemen’s Houthi militants on Tuesday claimed an attack against a Norwegian tanker, days after the group pledged to target Israel-bound…
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
Famed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.…
