Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues overnight from Wall Street, as traders reacted positively to the Federal Reserve’s monetary policy announcement. Along with the plan to begin reducing its asset purchases, the Fed also announced its widely expected decision to keep the target range for the federal funds rate at 0 to […]

Covid vaccine booster shots could be on the horizon for all U.S. adults — and, according to new research, the move might be just in time. On Tuesday, Pfizer asked the U.S. Food and Drug Administration to authorize booster shots of its Covid-19 vaccine for all Americans age 18 and older. The FDA could approve the request before Thanksgiving, according […]

For Washington Wizards professional basketball player Spencer Dinwiddie, investing in cryptocurrency is a layup. "I look at it as the birth of a new asset class," Dinwiddie told CNBC's Kelly Evans during Wednesday's Your Money event. "How many times in history does that happen?" He went on to say that cryptocurrencies are a place where investors can multiply their initial […]

Prices for just about everything continued to surge in the U.S. in October, with inflation increasing year-over-year more than it has in 30 years. The consumer price index, which measures changes in how much Americans pay for certain goods and services, rose 0.9% in October, the Labor Department reported Wednesday, driven largely by increases in energy, shelter and food, among other categories. […]

Coinbase CFO Alesia Haas said during the company's earnings call that competition on trading fees isn't a long-term business model for the cryptocurrency company. Crypto trading in the most recent quarter declined, leading to disappointing earnings and a stock decline, but the company says it's not a business to be viewed quarter-to-quarter. More than half of CFOs surveyed by CNBC […]

Shares of Qualcomm Inc. (QCOM) jumped 5% in extended trading session Wednesday after the chip maker’s profit and revenues for the fourth quarter trumped Wall Street estimates. The company also issued a strong outlook for the first quarter, reflecting high demand for chips used in smartphones and other handheld devices. San Diego, California-based Qualcomm’s fourth-quarter profit dropped 5% to $2.798 […]

Puneet Dikshit, a 40-year-old McKinsey partner, exploited information he gained about his client Goldman Sachs' pending takeover to buy profitable call options in GreenSky, according to a complaint unsealed Wednesday in federal court. Dikshit was fired by McKinsey and faces two counts of securities fraud, each with a maximum sentence of 20 years in prison. While Dikshit may be the […]

McDonald's is teaming up with Mariah Carey for 12 days of holiday-themed deals in December. The fast-food chain has been teaming up with celebrities to get customers excited about classic menu items, like its Quarter Pounder. The Mariah Menu is only available through McDonald's app. In this article MCD Mariah Carey's hit song "All I Want for Christmas is You" […]

These days it seems like everyone is quitting to take a new job — or at the very least considering it. And hiring managers in turn are pulling out all the stops in order to attract new hires, from eye-popping sign-on bonuses to out-of-the-box perks. With workers seemingly flush with opportunity to move around during the Great Resignation, however, it's […]