cnbc.com / .cnbc-com-finance

The central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold.

Monarch aims to provide an all-in-one mobile app for tracking spending, investments and money goals.

A tax and spending package passed by House Republicans funnels most of its financial benefits to the rich and leaves many low earners worse off.

The billionaire investor is not hopeful politicians will be able to reconcile their differences and lessen the country's debt load.

The pace of mergers and acquisitisons is picking up this month, with more than 300 deals announced as of May 20, collectively valued at more than $120 billion.

Chinese smartphone company Xiaomi is taking on Apple's iPhone with an advanced chip and cheaper phone.

One Chinese baby products company announced it is officially entering the United States, the world's largest consumer market -- regardless of the trade war.

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago.

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules.