Bank of England hikes interest rates by 25 basis points after inflation surprises
LONDON — The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent…
Stocks making the biggest moves premarket: Coinbase, AMC, Chewy, First Republic and more
Check out the companies making headlines in premarket trading. Coinbase — Shares of the cryptocurrency trading app dropped more than…
Ukraine signals counterattack to come ‘very soon’ as Wagner mercenaries suffer large losses
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Ukraine’s most senior…
European lawmakers are quietly miffed at U.S. regulators over SVB’s collapse
U.S. regulators made mistakes in failing to prevent the collapse of Silicon Valley Bank and other financial institutions, according to…
Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds
Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a…
Tencent’s online ad revenue grows for the first time in more than a year
BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing…
Wells Fargo lists financial instability as biggest economic risk post-Fed decision
A major Wall Street firm is ranking financial instability over inflation as the biggest economic risk for the next three…
Stocks making the biggest moves after hours: Steelcase, Coinbase, KB Home and more
Check out the companies making headlines in extended trading. Steelcase — Shares of the office furniture company jumped nearly 6% on…
Regional bank shares fall as Fed persists with rate hikes despite industry turmoil
Regional bank stocks spiraled lower Wednesday as investors weighed the Federal Reserve’s latest interest rate hike and commentary about the…
