Tag: Breaking News: Markets
Southwest’s bag fees and other changes could backfire, Fitch warns
A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images)Jo [...]
Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn of the White House on [...]
Boeing CEO faces Senate hearing on plane maker’s recovery
Kelly Ortberg, CEO of Boeing, speaking on CNBC's Squawk Box on Jan. 28th, 2025.CNBCBoeing CEO Kelly Ortberg on Wednesday will outline to Congress the [...]
Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management's multistrategy hedge fund beat the market with a 9% rally in the first qu [...]
Founder Charlie Javice found guilty of defrauding JPMorgan Chase
Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 mill [...]
GameStop shares drop on planned debt issue to buy bitcoin
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024.Brendan McDermid | ReutersGameStop shar [...]
GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany.Ying Tang | Nurphoto | Getty ImagesVideo game retailer [...]
Affirm says JPMorgan Chase merchants can soon offer installment loans
Max Levchin, co-founder of PayPal and AffirmDavid Paul Morris | Bloomberg | Getty ImagesFintech lender Affirm said Tuesday that it's reached an agreem [...]
Shares of Starlink competitor Viasat pop more than 10% on Deutsche Bank upgrade
FILE PHOTO: Viasat offices are shown at the company's headquarters in Carlsbad, California, U.S. March 9, 2022.Mike Blake | ReutersViasat's stock soar [...]
United Airlines raises annual fees for lounges, rewards credit cards
A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado.Robert Alexander | Getty ImagesUnited Ai [...]
Michigan nuclear plant shows challenges US safely restart old reactors
The Palisades nuclear power plant in Covert, Michigan, Feb. 24, 2025.Spencer Kimball | CNBCCOVERT, Mich. — A nuclear power plant on the shores of Lake [...]
Nvidia’s CEO tried to help the quantum companies, but a sell-off in the stocks ensued
Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia's annual developer conference in San Jose, California, U.S., Marc [...]
Darden Restaurants (DRI) Q3 2025 earnings
Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts' projections.The re [...]
BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs
Omar Marques | Lightrocket | Getty ImagesAppetite for ether ETFs has been tepid since their launch last July, but that could change if some of the reg [...]
Klarna, nearing IPO, wins fintech partnership from Affirm
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesSwe [...]