Business

F/m Investments’ Washington, D.C., office is just a short drive from the Federal Reserve‘s headquarters. But under the central bank’s new leadership, CEO Alexander Morris has found the distance feeling far greater. Fed Chairman Kevin Warsh embarked on an overhaul of the central bank’s forward-looking communication since taking the post in May. That move sounded
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The Netflix logo is seen on the roof of an office building in Los Angeles, California, on April 16, 2026. Michael Yanow | Nurphoto | Getty Images Netflix reported second-quarter revenue and earnings that were roughly in line with analyst estimates on Thursday as Wall Street is keeping a close eye on the company’s advertising
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Dan Ives, Wedbush Securities Scott Mlyn | CNBC Dan Ives, one of Wall Street’s best-known technology analysts, is teaming up with Yorkville Securities to launch a new merchant banking firm. The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing, with a focus on artificial intelligence, technology,
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A United Airlines plane takes off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, June 9, 2026. Joe Raedle | Getty Images United Airlines‘ second-quarter results came in ahead of Wall Street estimates, but billions of dollars in added fuel costs continue to weigh on earnings, the carrier said Wednesday. Here is what United
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Federal Reserve Chairman Kevin Warsh testified Wednesday before the Senate banking committee, facing questions over the economy and how various factors might impact interest rates. As part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House financial services committee. During his remarks, he reaffirmed the Fed’s commitment
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Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon. Angela Weiss | AFP | Getty Images American megabanks on Tuesday gave evidence that the global artificial intelligence boom isn’t just benefiting tech giants and chip makers. Goldman Sachs and JPMorgan Chase each posted record quarterly revenue
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The World Cup’s biggest economic boost is arriving later than expected as the tournament enters its final days. But for the U.S. businesses hoping for a soccer boom, it’s better late than never. This week’s semifinals pit France against Spain in Dallas on Tuesday and England versus Argentina in Atlanta on Wednesday. Travel bookings have
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The Netflix logo is displayed at a company office on May 12, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Wall Street analysts are raising earnings estimates for a host of stocks that have seen slumping share prices, leaving more attractive valuations heading into second-quarter earnings season. Nicole Inui, head of Americas equity
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Chipotle restaurant sign on exterior of a building under clear blue sky, Pleasant Hill, California, April 16, 2026. Smith Collection | Gado | Archive Photos | Getty Images Fast casual chain Chipotle is set to open its first restaurant in Mexico this week, the company announced on Monday. The store will open on Thursday in
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Humanoid robot startup LimX Dynamics shows off its products at its Shenzhen, China, office on July 3, 2026. Evelyn Cheng | CNBC BEIJING — Humanoid startup LimX Dynamics is getting ready to go public, just over four years after it was founded during the pandemic. “Listing is a must,” said founder Will Zhang, emphasizing the
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