Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal

US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no … Read more

Goldman Sachs CEO Solomon calls rule-based system for crypto ‘very, very important’

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 … Read more

Epstein files fallout: The high-profile people burned by past dealings with a predator

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 … Read more

Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales

Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC While the prospect of a SpaceX initial public offering and the hopeful listings from OpenAI and Anthropic have juiced IPO excitement on Wall Street, the current action in tech capital markets has nothing to do with equity. Rather, it’s all about debt. … Read more

S&P 500 is little changed as Wall Street tries to end week on a strong note: Live updates

Traders work on the floor of the New York Stock Exchange. NYSE The S&P 500 was relatively unchanged on Friday as Wall Street attempted to end the week on a high note. The broad market index traded around the flatline, while the Dow Jones Industrial Average fell 100 points, or 0.2%. The Nasdaq Composite gained … Read more

Morgan Stanley tops estimates driven by wealth management

People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenues from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed … Read more

Bank of America tops estimates on better-than-expected net interest income

Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and … Read more

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say

Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10% cap on the interest rate they can charge customers. The move sent shares of large banks including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America down between 1% … Read more

Dow falls more than 200 points as DOJ Powell probe raises fear Trump trying to take control of the Fed: Live updates

Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 15, 2025. Brendan McDermid | Reuters Stocks fell Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, an apparent escalation by President Donald Trump in his attempt to pressure the central … Read more

Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit

Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was last seen down 2.88%, paring some earlier losses. Bank of America fell 2.36%, Visa declined 1.94%, and Mastercard was 2.21% … Read more