Ken Griffin of Citadel in a letter to clients on Friday addressed for the first time the firm's purchase of assets from Leopold Aschenbrenner's Situational Awareness hedge fund.
Former JPMorgan Chase executive Matt Zames will join the Trump administration as an advisor to the Social Security agency, CNBC has learned.
Q3 2026 saw a 21% revenue increase and improved gross margin, driven by equipment sales and higher royalties. Adjusted EBITDA loss narrowed significantly, while new international agreements expanded the technology's rea…
Hyundai Motor is considering expanding production capacity at its Georgia assembly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO José Muñoz told CNBC on Thursday. The South Korea…
Film editor Billy Weber’s tranquil Los Angeles home has hit the market for $3.99 million.
The record-breaking sale of the Los Angeles Lakers is being felt far beyond Hollywood.
Economic pressure is the United States' "most effective tool" against Iran, according to U.S. Vice President JD Vance.
Extreme Networks (EXTR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted f…
Oil prices eased Friday but remained on track for a second consecutive week of gains, as hopes of a swift reopening of the Strait of Hormuz continued to fade.
Bitcoin was on track for a weekly gain of around 20% early on Friday, following a spate of positive developments for the world's largest cryptocurrency.
French business activity contracted more than forecast in August, new data shows, in the first of several flash economic surveys this morning.
The S&P 500 Index ($SPX) (SPY) closed down by -0.87% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.72%. E-mini S&P futures (E…
The technology sector experienced its most severe pullback of 2026 in early June, with the Nasdaq Composite plunging 4% on June 5th alone—marking its worst single-day decline since April 2025. The semiconductor industry…
Longer-dated U.S. government bond yields steadied on Friday, as investor jitters over the Treasury Department's extended debt repurchase program and soaring national debt continue to weigh on markets.
Russia and Ukraine continue to attack one another's port infrastructure, blocking shipments from the "breadbasket of Europe" and driving up wheat prices, and adding to a grim cocktail of factors afflicting global food s…
The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the…
Cotton futures posted marginally mixed trade on Thursday, with contracts down 10 points to 44 points higher. Crude oil was up $2.32 with the US dollar index $0.054 higher.
September arabica coffee (KCU26) closed up +4.10 (+1.14%) on Thursday, and September ICE robusta coffee (RMU26) closed down -16 (-0.43%).
Japan's historic effort to prop up the yen may have had an unintended consequence: giving some investors a better opportunity to double down on carry trade.
Billionaire investor Bill Ackman recently made headlines after Pershing Square Holdings' (PSHZF) second-quarter 2026 13F filing revealed that the fund bought a stake in Netflix (NFLX). This marks the second time Ackman …
Lean hog futures saw losses of 25 cents to $1.27 in the front months on Thursday, with the deferreds mixed. USDA’s national base hog price was reported at $92.34 in the Thursday PM report, up 24 cents from the day prior…
Live cattle futures posted gains of 77 cent to $1.125 at the close, with August 7 cents lower. Cash trade has picked up a few at $355-360 dressed and $226. The Thursday morning Fed Cattle Exchange online auction showed …
If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can't go it alone. A sustained effort to bring down Treasury yie…
The U.S. government's efforts to manage pressure in the Treasury market may merely shift the problem down the road as a surge in global debt issuance tests investor demand, according to JPMorgan.