Ripple Labs has become one of the world's largest cryptocurrency companies, but executives aren't stopping there, CEO Brad Garlinghouse told CNBC. Over the past year, the firm has ramped up efforts to bridge the Web3 world and an industry that has long been viewed as its foil — traditional finance.In...
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Atlanta Fed President Bostic says he’ll leave position when his term expires in February
Atlanta Federal Reserve President Raphael Bostic said Wednesday he will be leaving his position when his term expires in February.Bostic has been in his current role since June 2017 and is the first Black and openly gay regional president. His term, which also was marked by issues relating to personal...
One in three Manhattan condo owners lost money when they sold in the last year
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.More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although...
Airlines warn flight cancellations will continue even after shutdown ends
A board shows two cancelled American Airlines flights and three on time at Logan International Airport in Boston, Massachusetts, U.S., Nov. 7, 2025. Brian Snyder | ReutersFlight disruptions that have marred air travel for millions of people in recent weeks could continue even after the government shutdown ends, airlines and...
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of "The Big Short" at the Ziegfeld Theater in New York City on Nov. 23, 2015.Jim Spellman | WireImage | Getty ImagesMichael Burry, the investor made famous by "The Big Short" who recently roiled the market with a tech short bet, is accusing...