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.
Saving enough money now could make it possible to fund your retirement by living off of your returns without ever touching your nest egg.
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.
Innovator ETFs launched the Innovator Hedged TSLA Strategy ETF (TSLH) – among other defined outcome products – last month.
The IMF is concerned about cryptocurrencies, particularly because the market is growing at a significant pace.
Nearly 30% of investor dispute awards with brokers went unpaid in 2020, according to a report from the Public Investors Advocate Bar Association.
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.
Wall Street is concerned about the Yellen regulator super summit, and with good reason, market watchers say.
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.
Families with more than $100 in savings are better able to avoid high-cost borrowing, keep utilities on and are more financially satisfied than those with less.
Regulation Best Interest takes effect June 30, requiring broker-dealers to act in the best interest of their clients.
"The pandemic's economic fallout should not be underestimated."
David Byrne is a former financial advisor-turned-regulator who now works with athletes to protect their finances from fraud. While Byrne can't disclose the names of his clients, they include top NBA rookies and veterans.
Advisory firms constantly face cybersecurity risks from phishing to ransomware and email viruses. And the only way to tell if they are ready to ward off these scams is to regularly put their systems to the test.
If you manage your own money, you are like most other Americans, according to a new CNBC Invest in You survey.
Supreme Court is taking up 3 cases over President Trump's financial records. CNBC's Eamon Javers reports.
The Department of Justice is preparing to take action against Live Nation, alleging the company violated its 2010 settlement and made concert venues use its dominant TicketMaster subsidiary.
The markets seem to be brushing off the impeachment proceedings in the House of Representatives. James Pethokoukis, AEI's economic policy analyst, and Sarah Bianchi, head of U.S. public policy and political strategy at Evercore ISI, join "Squawk Box" to discuss the potential cost of impeachment.