What is shadow banking? Unpacking the risks for China
China’s real estate market woes have again drawn attention to the world of shadow banking and the risks it poses to the economy.
Dow jumps 300 points for best day since early August as Arm debut revives IPO market hopes: Live updates
Arm shares rallied in a public debut investors hope will kickstart the IPO market.
Senate subpoenas Saudi Public Investment Fund’s U.S. subsidiary for info on PGA-LIV Golf deal
A senior senator announced that he had issued a subpoena on USSA International LLC, the Saudi Arabian Public Investment Fund’s wholly-owned U.S. subsidiary.
Elon Musk, Mark Zuckerberg, Bill Gates and other tech leaders in closed Senate session about AI
Senate Majority Leader Chuck Schumer, D-N.Y., hosted the panel of tech, labor and civil rights leaders as part of the Senate’s inaugural “AI Insight Forum.”
Apple falls 1.2% after unveiling new iPhone. Here’s what the pros say to do next
Pros on CNBC discussed Apple after the company launched new products Tuesday and hiked iPhone prices in China, Japan and India.
Google is cutting hundreds of jobs in its recruiting organization
Google says it will face slower hiring the next several quarters and has a decreasing need for recruiters
These are the most expensive stocks today and analysts hate them
CNBC Pro looked for stocks with both the largest valuation premium in the S&P 500 and that fewer than 50% of analysts covering them rate a buy.
Here’s what major analysts thought of the new iPhone and what to do with Apple’s stock
Wall Street weighs in on Apple’s latest product launch event.
Apple announces iOS 17 release date
Apple announced iOS 17 will be available for users to download on Sept. 18.
Here’s the inflation breakdown for August 2023, in one chart
A spike in gasoline prices was largely responsible for a 3.7% annual increase in the consumer price index for August 2023.
