Wall Street

Cocoa prices hit $10,000 per metric ton for the first time ever

Cocoa prices hit a record Tuesday as supply constraints fuel prices higher. Futures for May delivery were up 3.9% at…

Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head

The recent surge in immigration into the U.S. is helping to bolster the economy despite a raft of global challenges,…

From Carl Icahn to Gautam Adani: How short-seller Hindenburg is making a name for itself

Hindenburg Research has established itself as one of the most powerful voices in public activist short-selling, hammering the share prices…

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall…

Bitcoin may start to lose its reputation as a volatile asset. Here’s why

Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s…

HSBC is ‘very positive’ about the future of China’s economy, CFO says

HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s…

Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners

JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David…