Alibaba leads $100 million investment in Chinese humanoid robot startup Capital is rushing into humanoids — X Square Robot has completed eight fundraising rounds in less than two years since the startup was founded.
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Nasdaq's listing plans will make it harder for small Chinese companies to go public in... The move comes as tensions between the U.S. and China simmer, and as the Nasdaq faces broader financial market issues.
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Wall Street’s dilemma: How Fed rate cut hopes clashed with slowing jobs growth The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.
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Yieldstreet tells investors in $89 million worth of marine loans to expect losses The news of this latest loss follows CNBC's report last month on Yieldstreet real estate investments that have resulted in $78 million in defaults.
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T. Rowe Price shares jump after deal where Goldman will invest $1 billion in asset... Goldman will buy up to $1 billion in T. Rowe Price common stock through open market purchases with the intention to own up to 3.5%.
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Stephen Miran says he'll take unpaid leave from White House job while serving as Fed... Miran said he wouldn't fully resign from his position at the White House while serving out the Fed Governor's term, which expires Jan. 31, 2026.
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Watch: Senate Banking Committee holds confirmation hearing for Trump Fed nominee Miran Stephen Miran, President Donald Trump's nominee for the open Fed governor post vacated by Adriana Kugler, will come under scrutiny from lawmakers.
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Stephen Miran, Trump's Fed governor nominee, pledges central bank independence "Independence of monetary policy is a critical element for its success," Miran said in a prepared statement to the Senate Banking Committee.
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Waller, in the running for chair, says Fed should start cutting this month and can... "I think we need to start cutting rates at the next meeting," Waller said. "We don't have to go into a lock sequence of steps."
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Walmart-backed fintech OnePay is adding wireless plans to its everything app The OnePay launch is the latest example of a fintech firm adding wireless connectivity to its product set; Klarna and Nubank have made similar announcements.  
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China's Xi says the world faces 'peace or war' as Trump claims Beijing conspiring against... Russian President Vladimir Putin and North Korea's Kim Jong Un are among the leaders from more than 20 countries attending the "Victory Day" military parade in Beijing.
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Pepsi shares jump as activist Elliott takes $4 billion stake, sees 'historic' value opportunity The Paul Singer-founded Elliott's bet in Pepsi is worth $4 billion, becoming the consumer giant's top five active investors excluding index funds.
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Pickleball is just getting started in China Online sales of pickleball paddles and related equipment in China have skyrocketed, according to data from WPIC Marketing + Technologies.
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China's Xi urges AI cooperation, rejects ‘Cold War mentality’ at SCO summit It is unclear if the SCO summit will pave the way for any breakthroughs in easing tensions, though Beijing has sought to cast itself as a global peacemaker.
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Here's what it really means for Trump to get control of the Federal Reserve board Since taking office in January, Trump has placed the Fed directly in the crosshairs of executive power.
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'We shouldn't ignore this:' Longtime investor Rebecca Patterson warns Trump could damage Fed independence Politicizing the Fed could have long-term economic consequences, according to former Bridgewater Associates chief investment strategist Rebecca Patterson.
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Fed's Waller, a candidate for chair, sees potential for half-point cut if labor market weakens... Waller said he believes the Fed can use its power over rates to stave off further labor market weakening. "So, let's get on with it," he said.
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Affirm's stock soars 15% on earnings, revenue beat Affirm's earnings per share of 20 cents for the quarter was almost double what Wall Street expected.
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How Italy's banking M&A wave started crashing The merger fever that's gripped Italy's banking sector showed signs of abating this summer — but its end isn't nigh.
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Lisa Cook hints 'clerical error' to blame for any mortgage application discrepancy The document calls the fraud allegation "unsubstantiated and unproven" but does not go into detail about why that is the case.
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Fed's John Williams stresses independence as Trump moves to fire Lisa Cook The influential policymaker avoided commenting directly on Trump's efforts to fire Cook.
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Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods Travelers could score discounts on high-end items like watches and clothing by buying overseas. However, the strategy comes with risks.
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How BlackRock and Goldman Sachs are bringing Wall Street's hottest asset class to 401(k)s "The alternative market is becoming less alternative," BlackRock's Jon Diorio said. "It's growing very rapidly as public markets are shrinking."
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Trump's Cook firing will likely end up in the Supreme Court's hands Trump is the first president to attempt to fire a Fed governor since Congress established the central bank in 1913, Evercore ISI said.
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Markets are sure the Fed will cut in September, but the path from there is... Friday's booming rally turned into Monday's reality check as investors weighed just how aggressive the Federal Reserve will be.
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Why Fed chief Powell's rate cut signal lifted our non-tech stocks the most Remarks from Fed Chairman Jerome Powell sparked a broad stock market rally on hopes of an interest rate cut sooner than later.
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This under-the-radar ETF trend may be flashing a warning signal for the market Massive inflows into pockets of the ETF market may be approaching their peak, setting up for a pandemic-like correction, one expert warns.
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Here's what current and former Fed officials are saying about Lisa Cook investigation Multiple current and former Fed officials are speaking up as Federal Reserve Governor Lisa Cook faces attacks from the Trump administration.
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Cleveland Fed's Hammack casts doubt on interest rate cuts amid inflation worries In a CNBC interview, the policymaker did not share the market's enthusiasm for a cut.
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