John Williams, Chief Executive Officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019.Carlo Allegri | ReutersInterest rates are at an appropriate level given the pace of economic growth, New York Fed President John Williams said Thursday.In a speech...
A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois.Christopher Dilts | Bloomberg | Getty ImagesFree trading is paying off for brokerage firm Charles Schwab.In the same month the firm dropped trading commissions, Schwab added 142,000 new brokerage accounts, 31% more than...
Democratic presidential candidate Senator Elizabeth Warren (D-MA) responds to a question during a forum held by gun safety organizations the Giffords group and March For Our Lives in Las Vegas, Nevada, October 2, 2019.Steve Marcus | ReutersSenator Elizabeth Warren unloaded on Goldman Sachs and the bank's handling of...
The Fed chairman tells Congress he doesn't see any signs of bubbles brewing or dangers being posed by trillion-dollar deficits.
The "Fast Money" traders shared their first moves for the market open.Pete Najarian was a seller of Disney's December calls. Steve Grasso was a buyer of WestRock.Karen Finerman was a buyer of Target. Guy Adami was a buyer of Nordstrom. DisclosureTrader disclosure: Guy Adami is long CELG, EXAS, GDX, INTC. Guy...
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersThe longest bull market in history is also the best ever.The current market boom, which started March 9, 2009, has enjoyed a whopping 468% gain for the S&P 500 through the first day of November,...
Watch Fed Chair Jerome Powell testify live before House budget panel
PNC Financial's Amanda Agati believes stocks have more room to run to fresh all-time highs, but she doesn't expect an easy run."The challenge going forward is that all-important month of December," Agati told CNBC's "Trading Nation" on Wednesday. "It's going to be a busy calendar month certainly with...
A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, taken on taken on November 6, 2018.Johannes Eisele | AFP | Getty ImagesBEIJING — China is still calling for the U.S. to roll back tariffs as part of any "phase one"...
In an era of negative interest rates in Europe, monetary policy should not be geared towards appeasing the banking sector, BNP Paribas Chairman Jean Lemierre has said.Speaking to CNBC's Annette Weisbach at the BNP Conference in London on Thursday, Lemierre said the ECB (European Central Bank) was moving...