Australia and Japan markets slip as Fed decision looms, most Asian markets closed
Most markets in the region are closed for the Labor Day holiday, except Australia and Japan
Binance co-founder Zhao set to keep on growing his $33 billion fortune even as he heads to prison for four months
Binance founder Changpeng Zhao expected to see his $33 billion personal fortune continue to climb while he’s in prison.
Citi names 3 biotech stocks to play a growing $2.9 billion opportunity — giving one about 50% upside
With markets now expecting the first rate cut to be in September rather than June or July, as previously thought, biotech stocks could start to do well.
Only 2 stocks in Europe have beaten estimates for 5 quarters and rallied each time
CNBC Pro screened for European stocks that beat analysts’ earnings-per-share estimates and saw shares rise in the following session.
Dow closes higher as Powell says Fed’s next move is unlikely to be a hike: Live updates
Stocks were volatile on Wednesday after Federal Reserve Chair Jerome Powell largely ruled out that the central bank’s next move could be a hike.
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.
Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
Many doctors have been left without a way to get paid for their services.
Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
Five months after pleading guilty to money laundering violations, Binance founder Changpeng Zhao was sentenced to four months in prison.
Here’s everything to expect from the Fed meeting that will move markets on Wednesday
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
Cannabis stocks surge as Biden administration moves to reclassify marijuana
Stocks linked to cannabis surged on an otherwise down day for the market.
