Forex

Former Revolut execs raise $70 million to tackle a looming financial advisor shortage

Nevis, a 70-person New York-based startup launched in October 2024 by former Revolut executives, raised $70 million in a Series B round, valuing the company at $500 million. Its...

Mortgage rates above 7% are the ‘new normal’—here’s why

Mortgage rates above 7% are now viewed as the new normal by several housing economists, who forecast that they will remain above that level...

France is flashing euro crisis signals. This time, the fault lines are different

The euro has fallen almost 5% against the dollar since the start of the year, while the yield on French 10-year bonds has risen...

Sovereign wealth funds’ China and Hong Kong investments surge 190% after a bruising slump

Sovereign wealth funds invested $14.2 billion in mainland China and Hong Kong during the first nine months of 2026, a 190% increase compared with...

Christian schools are seeing their prayers answered as taxpayer dollars fuel a push to open 5,000 schools

Texas is rolling out $1 billion in public funding to help eligible families pay private school expenses, while several other states have adopted similar...

Anthropic in talks with neocloud Nscale over second multibillion-dollar deal, source tells CNBC

Anthropic is in talks with U.K. neocloud Nscale for a second multibillion-dollar deal to lease computing capacity at a data center site in West...

I love taking VC dollars and turning it into jobs: inside SendCutSend’s $2.1 billion bet on American metal

SendCutSend, a startup specializing in custom laser-cut metal parts, has raised a Series B round valuing the company at $2.1 billion, led by Spark...

Kelly Clarkson’s expensive purchases: A multi-million dollar real-estate portfolio that spans the country

Kelly Clarkson, a 44-year-old singer, owns a multi-million dollar real estate portfolio spread across the United States. The singer found herself at the center...

Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates

Japanese Prime Minister Sanae Takaichi has denied responsibility for the yen's weakness and rising interest rates, calling the repeated criticisms unfounded. Under her leadership,...

10 million Americans are using advance loan apps to get their paychecks in advance—and it’s costing them hundreds of dollars more, report finds

More than 10 million Americans were using earned wage access tools in 2024, costing them an average of $208 per year in fees, or...

Why Trump and the GOP’s billion-dollar midterm blitz isn’t working

Republican groups injected more than $740 million into congressional races from Labor Day through October 14, including at least $220 million from Trump-linked groups...