The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Goldman Sachs is moving ahead with plans to open the first bitcoin trading firm of any Wall Street bank and other banks will likely follow, said Spencer Bogart, a partner at Blockchain Capital.
"That's what a lot of banks do, follow what Goldman does," the blockchain venture capitalist told CNBC on Thursday.
"Most of these banks have heard about the numbers or seen the numbers that companies like Coinbase and Binance are putting up, " Bogart said on "Fast Money. " "There's a real risk that some of those companies could overtake some of Wall Street's biggest banks if they don't get in the market."
On Wednesday, The New York Times reported that Goldman Sachs is moving ahead with its plans to open the first bitcoin-trading firm of any bank on Wall Street. The move comes at a time when many banks have shied away from the crypto craze over regulatory concerns.
Indeed, Bogart called the bank's bet on bitcoin bullish and said it is "definitely a big step" for the crypto market.
"This market is so large you can't ignore it anymore," he said. "Now we're seeing large banks roll out trading desks."
Bitcoin, which peaked in mid-December at around $19,500 before falling to around $6,000 earlier this year, could exceed $50,000 this year, Bogart said. The popular cryptocurrency was priced above $9,700 on Friday morning.
Bogart predicted that within five years, "way more people will be newly buying bitcoin for the first time."