Category: Finance

The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week.According to Strategas Securities' Todd Sohn, cryptocurrency companies could fuel the next wave of gains."Bitcoin is to crypto as the QQQ … is to technology type stocks," the firm's exchange-traded fund and technical strategist told CNBC's "ETF Edge" this...

US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. Andrew Caballero-Reynolds | AFP | Getty ImagesThe Federal Reserve gathers this week for the first time in the second presidential term of Donald Trump, who has already...

Silas Stein | Picture Alliance | Getty ImagesAmerican Express' affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing from a 7% growth rate early in the...

JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively.Despite fears that the duties could spark a global trade war and reignite inflation domestically, the head of the largest U.S. bank by assets...

Billionaire investor Stanley Druckenmiller believes Donald Trump's re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses."I've been doing this for 49 years, and we're probably going from the most anti-business administration to the opposite," Druckenmiller said on CNBC Monday. "We do a lot of talking to CEOs...