Schroders soared to the top of the Stoxx 600 on Thursday, hitting a 52-week high, after U.S. fund management giant Nuveen said it would buy the U.K.’s largest standalone asset management. The deal, sized at £9.9 billion ($13.5 billion), will create one of the world’s biggest asset management groups. Nuveen — the investment management arm…
Families won’t see relief from rising electricity prices anytime soon, as demand from artificial intelligence data centers soars while power supply grows slowly, according to Goldman Sachs. Electricity prices jumped 6.9% in year over year 2025, more than double the headline inflation rate of 2.9%, Goldman analysts told clients in a research note published Wednesday….
Tom Homan, White House “Border Czar” speaks at a press conference at the Bishop Henry Whipple Federal Building on February 4, 2026 in Minneapolis, Minnesota. John Moore | Getty Images Border czar Tom Homan on Thursday said President Donald Trump has agreed with his proposal to conclude the monthslong federal immigration enforcement surge in Minnesota….
A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Tech billionaire Eric Schmidt’s family office took the top spot in CNBC’s inaugural Inside Wealth Family Office 15 list, which ranks the most active…
The Anthropic AI logo is displayed on a mobile phone with a visual digital background. Nurphoto | Nurphoto | Getty Images Anthropic, the artificial intelligence lab that’s taken heat from the White House for its support of regulations and safety, is putting $20 million into the political arena ahead of the 2026 elections. The company…
HANGZHOU, CHINA – NOVEMBER 11 2025: A deliveryman picks up an order at a Burger King outlet in Hangzhou in east China’s Zhejiang province Tuesday, Nov. 11, 2025. LONG WEI | Feature China | Future Publishing | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth….
Dutch payments giant Adyen‘s stock fell as much as 20% after it posted net revenue guidance and payment processing volume that were slightly weaker than expected. The company forecast net revenue growth of 20% to 22% for 2026, while analysts expected year-on-year growth at 22.8%, according to LSEG estimates. “This outlook is underpinned by a…
City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie as light fades at dusk on 27th November 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher on Thursday as investors assessed another big batch of earnings reports. The pan-European Stoxx 600…
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in…
