Credit Suisse posts massive annual loss as 'radical' restructure gets underway
Credit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs, as it carried out its strategic overhaul.
Pressure on China’s factories grows as U.S. demand falls
All the factories that U.S. toy company Basic Fun works with in China told workers not to return right after the Lunar New Year holiday, said CEO...
Solar tech company Nextracker expected to price at upper end of range in good sign for IPO market
The Nextracker initial public offering, which had sought to raise up to $535 million, will likely be the biggest U.S. listing since October.
Lawyers and advisors in FTX bankruptcy have billed nearly $20 million for 51 days of work
FTX's top bankruptcy, legal and financial advisors have billed the company more than $19.6 million in fees, according to Tuesday bankruptcy court...
Fed Governor Christopher Waller warns that interest rates could go higher than expectations
Federal Reserve Governor Christopher Waller on Wednesday talked tough on inflation, warning that the fight is not over.
Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more
These are some of the stocks posting the largest moves before the stock market's opening bell.
Fed Chair Powell says inflation is starting to ease, but interest rates still likely to rise
Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.
Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief
Wholesale egg prices have declined by over 50% from their recent record highs. Retail prices may soon follow, but that's not a sure thing.
Fed's Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Kashkari told CNBC on Tuesday that he sees the Fed's benchmark interest rate likely heading to about 5.4%.
Winklevoss twins' crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
Gemini, the crypto exchange controlled by the Winklevoss twins, will contribute $100 million in cash to a recovery plan for bankrupt crypto lender...