Crypto is Gen Z’s most common investment. That may be risky, experts said
Cryptocurrency is the most common investment held by Gen Z investors, a trend likely fueled by the cohort growing up…
Treasury Secretary Yellen says she wouldn’t be surprised to see more bank consolidation
WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen…
Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more
Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle maker added more than…
Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype
Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage.…
Senegal, one of Africa’s bastions of stability, faces its gravest threat of unrest in decades
The criminal conviction of a populist opposition leader in Senegal has triggered widespread unrest that threatens the West African country’s…
Kakhovka dam flooding set to peak; Kyiv says it’s on offensive in Bahmut
This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Ukraine is…
HSBC says rebranded Silicon Valley Bank UK will maintain startup focus while targeting global growth
Silicon Valley Bank UK will continue to serve startup businesses from “seed funding to IPO,” the chief executive of its…
China’s exports plunge by 7.5% in May, far more than expected
BEIJING — China’s exports fell in May for the first time since February, adding to concerns that growth in the…
Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng…
