Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Barclays suspended six traders in connection with an investigation into alleged wrongdoing in foreign exchange trading on Friday, sources with knowledge of the situation told CNBC.
Barclays declined to comment on the report, which comes after the Financial Times reported that RBS had suspended two traders in its foreign exchange division amid an ongoing probe.
(Read more: Banks brace for billion-dollar forex probe)
In its third-quarter earnings on Friday, RBS said that investigations relating to foreign exchange trading activities was a possible factor that could affect future results. It added that it was reviewing its forex trading procedures.
Regulators launched a formal investigation into the market after media reports back in June highlighted alleged wrongdoing in foreign exchange trading.
(Read More: Forex market is 'wild west' as abuse probes begin)
The U.S. Justice Department, the U.K.'s Financial Conduct Authority (FCA), Switzerland's Financial Market Supervisory Authority, the Monetary Authority of Singapore and the Hong Kong Monetary Authority have all confirmed their involvement in the probe.
Every day, $5.3 trillion is traded in foreign exchange markets, according to the Bank of International Settlements, with around 41 percent of trades being processed through sales desks in the United Kingdom and 18 percent in the U.S. Deutsche Bank is the world's leading foreign exchange house, according to a Euromoney, with 15.18 percent. Second-placed Citi has a market share of 14.9 percent with Barclays and UBS just behind.