An employee puts gold bullions into a safe deposit box at Degussa shop in Singapore Edgar Su | Reuters Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain resilient next year, according to the World Gold Council. … Read more
People walk by the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon lashed out at bitcoin and its peers, suggesting in remarks … Read more
The iPhone 15 Pro on the left, the iPhone 15 Pro Max on the right. Kif Leswing/CNBC This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can … Read more
A sign sits outside Banque Pictet & Cie SA in Geneva, Switzerland, on Friday, Oct. 16, 2015. Luke MacGregor | Bloomberg | Getty Images A major Swiss bank admitted to conspiring with U.S. taxpayers and others to hide over $5.6 billion from the Internal Revenue Service, the Department of Justice announced Monday. Banque Pictet, the … Read more
The 2023 Academy Museum Gala brought out well over 100 celebrities on Sunday night (December 3)! Stars like Lupita Nyong’o, Selena Gomez, Kendall Jenner and Natalie Portman hit the red carpet at the third annual event. The Academy Museum Gala is a fundraising event for the museum, raising “funds to support the organization’s museum exhibitions, … Read more
A pedestrian sheltering under an umbrella passes a Julius Baer Group Ltd. branch in Zurich, Switzerland, on Tuesday, July 13, 2021. Stefan Wermuth | Bloomberg | Getty Images The share price of Julius Baer plummeted after the Swiss private bank disclosed 606 million Swiss francs ($692.7 million) of loan exposure to a single conglomerate client. … Read more
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Apple has given Goldman Sachs a proposal to end its credit-card and savings account … Read more
Warren Buffett.REUTERS/Rick Wilking Warren Buffett once joked he would have faced a fast-food Thanksgiving without the 2008 bailouts. “If the government hadn’t acted, I would be eating Thanksgiving dinner at McDonald’s,” he quipped. Buffett often eats McDonald’s for breakfast, and owns one of the restaurant chain’s gold cards. Warren Buffett would have celebrated Thanksgiving with … Read more
Patrick Cantlay of the United States plays his shot from the 18th tee during the final round of the Workday Charity Open on July 12, 2020 at Muirfield Village Golf Club in Dublin, Ohio. Sam Greenwood | Getty Images Goldman Sachs paid professional golfer Patrick Cantlay more than $1 million annually in a sponsorship deal … Read more