As more retail investors trade penny stocks, innocent traders could be become victims. These equities are more vulnerable to fraud and have a history of multimillion-dollar scams. "I'm getting a lot of calls from investors who are duped and getting scammed by penny-stock operators," Jacob Zamansky, an investment fraud lawyer, told CNBC. Watch this video to learn more about how penny stocks inspired a new breed of investors, high-stakes gamblers, risk-taking fraudsters and enforcement crackdowns.
Car loan debt in the U.S. is at a record high of $1.56 trillion. Between the Covid-19 pandemic, supply chain issues, alleged predatory lending practices, inflation, and the Federal Reserve's interest rate hikes, getting an auto loan has gotten more stressful, difficult and expensive. CNBC spoke with Chase Auto and Toyota Financial Services. Here's what they say is happening in the auto loan industry and what consumers can do to ensure they're protected.
CNBC's 'Squawk Box' team discusses the case for stablecoins and Facebook's digital wallet push with David Marcus, head of Novi at Facebook and co-creator of Diem.
Tesla and SpaceX CEO Elon Musk spoke on a panel at The B Word conference, an event hosted by the Crypto Council for Innovation, about his ownership of bitcoin, dogecoin and ethereum and why he believes in the future of cryptocurrency and decentralized finance.
A global clampdown on tax evasion, led by U.S. law authorities, has transformed the banking industry in Switzerland. Without its famed reputation for secrecy, wealthy foreigners no longer see it as a haven to hide their money. So how have Swiss banks adapted? CNBC's Tom Chitty is joined by Geoff Cutmore to explain.
Bob Diamond, CEO of Atlas Merchant Capital, joined "Squawk Box" on Monday to discuss why he thinks the outlook for the markets and the economy are positive overall, but there are five potential risks investors should watch out for.
Arthur Brooks, American Enterprise Institute president emeritus and contributing writer with The Atlantic, joined "Squawk Box" on Friday to discuss the House Financial Service Committee hearing on the GameStop short selling saga precipitated by users on the Reddit forum WallStreetBets.
Thursday's Reddit hearing in Congress brought together some of the power players behind the January trading frenzy. CNBC's Leslie Picker recaps what happened over the five-hour hearing.
Amy Lynch, founder and president of FrontLine Compliance, joined "Squawk Box" on Wednesday to discuss some of the options for regulating Wall Street as calls for oversight grow during the Reddit trading frenzy.