Breaking News: Markets

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness…

Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial…

Citadel Securities and BlackRock back project to start a national stock exchange in Texas

BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas.…

Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO

AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors, and…

The best banks in the Asia-Pacific region, according to customers

SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing…

How Roaring Kitty’s wealth went from $53,000 to nearly $300 million — and could one day top $1 billion

Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week,…