Month: October 2025
First Brands’ implosion is ripping through private credit – and lenders are scrambling to contain the fallout
The collapse of U.S. auto parts maker First Brands Group is reverberating across the banking sector on both sides of the Atlantic. The company’s rapid demise – which is now unravelling a maze of complex debt agreements held with a range of lenders and investment funds globally – highlights the risks associated with private credit’s […]
Read More
More than half of entrepreneurs are considering moving to a new country. Singapore is their top option
The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Lionel Ng | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Moneyed […]
Read More
China opens antitrust probe into the U.S. chip giant Qualcomm
Microchip and Qualcomm logo displayed on a phone screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on April 10, 2023. Jakub Porzycki | Nurphoto | Getty Images Qualcomm shares slipped on Friday after Chinese regulators said they would investigate the American tech giant’s acquisition of chip firm Autotalks, ramping up […]
Read More
Morgan Stanley drops restrictions on which wealth clients can own crypto funds
Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]
Read More
Watch the full interview: Alastair Campbell on World Mental Health Day, Keir Starmer and the Gaza peace plan
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Tania Bryer talks to Alastair Campbell, former director of communications and strategy for the Blair Labour government, mental health campaigner and podcaster. Source
Read More
Shaq, Sam Altman-backed college startup Campus taps former Meta AI head as CTO
Campus, a college startup backed by Sam Altman, has hired Meta‘s former AI Vice President Jerome Pesenti as its technology head, the company announced Friday. As part of the deal, Campus will buy Pesenti’s artificial intelligence learning platform Sizzle AI for an undisclosed amount and integrate its personalized AI-generated educational content already used by 1.7 […]
Read More
Stocks making the biggest moves premarket: Applied Digital, Mosaic Levi Strauss & more
Check out the companies making headlines before the opening bell : Applied Digital — Shares surged 30% after the datacenter builder reported that revenue in its fiscal first quarter was up 84% from the comparable period in the prior year. Stellantis — The French-Italian-American automaker reported a 13% rise in third-quarter shipments, prompting shares to […]
Read More
Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’
Key Points Fed Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank needs to be careful amid conflicting economic signals. “I want to move towards cutting rates, but you’re not going to do it aggressively and fast, in case you make a big mistake on which […]
Read More
How the world’s 240,000 crypto millionaires are spending their fortunes
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The price surge in bitcoin helped created another 70,000 new crypto millionaires over the past year, adding hundreds of billions of dollars in […]
Read More
China retaliates against U.S. port fees with new charges on American ships
Pictured here is Shanghai Port’s foreign trade container terminal in Shanghai, China on October 9, 2025. Cfoto | Future Publishing | Getty Images BEIJING — China on Friday announced that starting Oct. 14, the country will start charging U.S. ships for docking at Chinese ports — a direct response to Washington for imposing fees on […]
Read More