The stock market staged a comeback last week, even as Wall Street waded through a flurry of both upbeat and unsettling headlines. The Nasdaq broke its five-week losing streak on Friday, buoyed by strong advances from our big tech names like Meta Platforms , Nvidia and Amazon . The tech-heavy index ended the week 1.9%…
A full-blown war between the United States and Iran could, in a worst-case scenario, send oil prices soaring and cause an economic downturn. With a massive U.S. military buildup underway in the Middle East, President Donald Trump signaled Thursday that he will decide in the next 10 days whether to launch strikes against Iran. “This…
Walmart said Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street’s expectations as gains in e-commerce, advertising and its third-party marketplace boosted its business. For the full current fiscal year, Walmart said it expects net sales to increase by 3.5% to 4.5% and adjusted earnings per share to…
David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Goldman Sachs CEO David Solomon said Wednesday “it is very, very important that we codify a rule-based system” for how cryptocurrency and related financial instruments will operate” in the…
Thomas Pritzker, executive chairman of Hyatt Hotels Corp., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 2, 2018. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of the most important questions of our time….
Close up image of a tablet screen displaying a portrait of Jeffrey Epstein beside the official U.S. Department of Justice website page titled Epstein Library in Washington District of Columbia United States on February 11, 2026. Veronique Tournier | Afp | Getty Images The recent release by the Department of Justice of millions of pages…
It was a tale of two markets last week: Industrials surged while financial and tech names buckled under the growing weight of artificial intelligence fears. A mixed bag of economic data complicated matters further. Although the S & P 500 bounced slightly Friday following an inflation print that bolstered the future case for lower interest…
FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP Top Goldman Sachs lawyer Kathy Ruemmler said Thursday night that she will leave the investment bank at the end of…
Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm’s tech chief told CNBC exclusively. The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two specific…
Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, Jan. 10, 2025. Angelika Warmuth | Reuters Silver prices slid as much as 16% on Thursday, snapping a two-day rebound, as the white metal continues to reel from excessive volatility. Spot silver prices were last down…
