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Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

Grayscale's CEO said that fees on its flagship bitcoin ETF will come down over time, softening an earlier stance defending costlier than market average fees.

Banks are in limbo without a crucial lifeline. Here's where cracks may appear next

High interest rates and rising losses on commercial real estate threaten hundreds of U.S. banks, mostly smaller regional lenders and community institutions.

'Glitch' at Ethiopia's biggest bank sees customers withdraw millions that isn't theirs

Ethiopia's largest bank is struggling to recoup funds after a glitch over the weekend allowed customers to withdraw millions of dollars, according to local media reports.

An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others

Short-selling is a controversial practice, since it involves making money from the decline of somebody else's asset value.

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

"I'm in the camp that the Fed does not change policy in the summer of an election year," the Bianco Research president told CNBC's "Fast Money" on Monday.

This is the easiest way for newbies to start investing, financial experts say

Target-date funds are the best option for novice investors looking for a simple, hands-off approach, according to financial experts.

China kicks off the year on strong note as retail, industrial data tops expectations

China on Monday reported economic data for the first two months of the year that beat analysts' expectations.

Bitcoin may start to lose its reputation as a volatile asset. Here's why

"What's driving the bitcoin market right now is a simple demand-supply imbalance," Bitwise CIO Matt Hougan told CNBC's "ETF Edge" on this week.

Bitcoin shows its volatility once again, tumbling back to $67,000 in overnight decline

Bitcoin is still up about more than 50% year to date, and the overnight drop came from near record highs.

Biden’s 'billionaire tax' takes aim at the super-rich — but can a wealth tax work in reality?

Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new "billionaire tax."

Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI

The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools that create human-like responses to queries.

HSBC is 'very positive' about the future of China's economy, CFO says

HSBC is "very positive" about the mid- to long-term outlook for the Chinese economy despite the current headwinds, the British bank's chief financial officer told CNBC on Thursday.
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