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…
The longer you wait to give your child a smartphone or allow them to join social media, the happier and more successful they’re likely to be as adults, says psychologist Jean Twenge. To help parents facilitate that technological delay, Twenge recommends starting to teach kids how to use those technologies in safe and healthy ways…
If you or your child are hoping to attend college anytime soon, cost is likely top of mind. Top schools continue to increase tuition while many young adults fall deeper and deeper into debt. By the second quarter of this year, outstanding U.S. student loan debt topped $1.8 trillion, according to the Education Data Initiative….
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Buffett’s master class on the problem with gold The price of gold slipped on Friday after hitting a record high above $4,300 an…
The Dome of the U.S. Capitol Building is visible in reflection on October 14, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images As the government shutdown stretches on, it’s not easy for borrowers to gauge what’s happening with their student loan debt. The U.S. Department of Education has been sending…
Another breakup is on the horizon. Later this month, Honeywell will separate its Solstice Advanced Materials unit. Honeywell shareholders as of Oct. 17 will receive one share of Solstice for every four shares of Honeywell. The two companies will begin trading independently on Oct. 30, with Solstice under the ticker SOLS and Honeywell keeping its…
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to…
Russian President Vladimir Putin watches with binoculars the Tsentr-2019 military exercise at the Donguz range near Orenburg city on September 20, 2019. Alexey Nikolsky | Afp | Getty Images Russia was an indirect beneficiary of the war in Gaza in that it distracted the U.S. and other Western countries from its ongoing war in Ukraine….
European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region. The Pan-European Stoxx 600 was 1.5% lower at 8:26 a.m. in London (3:26 a.m. ET), with all major indexes and sectors in negative territory. The U.K.’s FTSE index was 1.5% lower, France’s CAC 40 was down…
LONDON — EU heads of state will call for quicker action on the use of immobilized Russian assets at a meeting next week amid growing pressure from U.S. President Donald Trump, according to a document seen by CNBC. The European Commission, the executive arm of the EU, has been looking at how to use about…
