Bank of Korea holds rate at 2.5% for fourth straight meeting as tighter property rules kick in

Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% for the fourth…

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This Gildan-owned T-shirt brand is popping up everywhere

Comfort Colors t-shirts are seen on Oct. 16, 2025. Danielle DeVries | CNBC When looking through Wyatt Cannon’s T-shirt collection, there’s a common theme: the Comfort Colors label. Growing up, Cannon would often find Comfort Colors apparel when looking for souvenirs during family trips. In college, Cannon convinced his a cappella group to screen print…

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Moody’s says the banking system, private credit markets are sound despite worries over bad loans

Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to a senior analyst at Moody’s Ratings. Marc Pinto, the agency’s head of global private credit, acknowledged in a interview on CNBC’s “Squawk Box” that there are concerns over loose lending standards and some slack in the conditions…

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Invesco looks at income portfolio strategies

The CBOE Volatility Index, otherwise known as the Wall Street’s fear gauge, is coming off its most volatile week since April. For investors hesitant to ride out the recent wild swings, Invesco senior portfolio manager John Burrello sees income funds that employ options-based strategies as a sound game plan. His reasoning: They have more structural…

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