Mnuchin decision cuts Fed lending power, but sources…

U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell share an elbow bump greeting prior to testifying before a House Financial Services Committee hearing on oversight of the Treasury Department's and Federal Reserve's…

John Malone says he’s buying hard assets like…

Liberty Media Chairman John Malone told CNBC that hard assets look attractive as the unprecedented coronavirus stimulus is poised to lead to a depreciation in currencies."We've survived this [pandemic] because of enormous fiscal and monetary stimulus,"…

A surprise spate of bond defaults by state-owned…

A man counting 100 renminbi notes, the Chinese currency.Sheldon Cooper | SOPA Images | LightRocket via Getty ImagesSINGAPORE — A series of high-profile defaults involving state-owned companies in China — normally a safe pick for…

John Malone says platforms like Apple, Amazon and…

Liberty Media Chairman John Malone told CNBC that Amazon, Apple or Roku could dominate in the crowded streaming space given their ability to scale globally."I think these global platforms will be enormously powerful," Malone said in an…