Breaking News: Markets

$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.…

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…

Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination

Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned.…