(CNBC) New rules expected to require that banks keep more capital almost certainly won’t apply to smaller institutions, Federal Reserve Chair Jerome Powell said Thursday. Addressing concerns over proposals to tighten the reins on bigger banks, Powell told members of […]

(CNBC) Virgin Galactic has successfully raised $300 million via an “at the market” offering of common stock, the company disclosed in a securities filing Thursday. Now, the space tourism company aims to raise an additional $400 million through a subsequent […]

(CNBC) The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel. The agency claims Amazon violated the […]

(CNBC) Intel stock dropped 6% Wednesday after the company gave investors an update on the company’s turnaround plan to become a chip manufacturing company competing with Taiwan Semiconductor Manufacturing Company. To read this article:

(CNBC) Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is made on bringing down inflation. Speaking a week after Federal Open Market Committee officials decided for the first time […]

(CNBC) Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as it faces tightening policy back home in the United States. Ripple said […]

(CNBC) Google, which has spent years defending itself against claims of monopolistic behavior across the U.S. and Europe, is going public with its own complaint of anti-competitive practices by longtime rival Microsoft. In a letter to the Federal Trade Commission […]

(Hedgeweek) Hedge funds delivered another month of positive performance in May, although performance dipped month-on-month, with a total weighted average return of 0.4%, according to the latest data from hedge fund administrator Citco. To read this article:

(CNBC) Bitcoin has rallied amid news about possible spot bitcoin exchange-traded funds and other big names entering the digital currency space — and financial experts have tips for investors who want a piece of the action. The price of bitcoin […]

(CNBC) Eli Lilly has struck a $2.4 billion deal to acquire Dice Therapeutics in a bid to bulk up its treatment portfolio for immune-related diseases. Eli Lilly will pay $48 per share in cash to buy Dice, representing around a […]

(CNBC) U.S. stock futures were near flat on Tuesday evening as investors took a breather from last week’s market rally. Futures tied to the Dow Jones Industrial Average slipped 21 points, or 0.06%. S&P 500 futures inched down by 0.06% […]

(CNBC) SoftBank Group chairman and CEO Masayoshi Son on Wednesday said that the Japanese investment firm plans to shift from “defense mode” to “offense mode” and wants to capitalize on the AI revolution. “Now, the time has come to shift […]