Leonardo DiCaprio Getty ImagesA digital bank that raised $110 million from venture capital funds and celebrities including Leonardo DiCaprio is scrambling to find funding, a potential sign that investors are cooling on risky start-ups after the WeWork debacle. The article cited an anonymous source saying the company wanted at least $200 million and a $1 billion plus valuation. The $50 million raised this year is a combination of equity and convertible debt, the person said. Aspiration has severa

China’s top trade official has invited U.S. negotiators to take part in a fresh round of face-to-face talks, the Wall Street Journal reported on Thursday, citing people familiar with the matter. However, the Wall Street Journal’s report said that U.S. trade officials were willing to meet with their Chinese counterparts. The Office of the U.S. Trade Representative was not immediately available for comment when contacted by CNBC on Thursday morning. The report comes shortly after U.S. legislation

U.S. stock index futures were slightly lower on Thursday morning. ET, Dow futures indicated a negative open of more than 15 points. Futures on the S&P and Nasdaq were both seen marginally lower. However, the Wall Street Journal’s report said that U.S. trade officials were willing to meet with their Chinese counterparts. The Office of the U.S. Trade Representative was not immediately available for comment when contacted by CNBC on Thursday morning.

The U.S. start-up, whose software helps link fintech apps with people’s bank accounts, said Thursday it was now rolling out its services in Ireland, France and Spain. Plaid has picked up fintech firms like budget app Cleo and accounting app Pandle as clients since it launched in Britain. Speaking specifically about its new markets, Perret said that Ireland has seen impressive levels of fintech adoption, with Spain trailing behind it and France lagging somewhat. According to consultancy firm EY’s

Charles Schwab is in talks to buy TD Ameritrade, a source told CNBC’s Becky Quick on Thursday. A deal between Schwab and TD Ameritrade would consolidate an industry going through massive disruption. Calls to Schwab and TD Ameritrade weren’t immediately returned. A deal between Schwab and TD Ameritrade would create a behemoth with $5 trillion in combined assets. Schwab and TD Ameritrade are the two biggest publicly traded discount brokers.

Asia stocks were set to trade lower on Thursday following a report that an anticipated “phase one” trade deal between the U.S. and China may not be inked by the end of 2019. That report came after The Wall Street Journal reported, citing former Trump administration officials, that the ongoing trade talks could hit an impasse. The developments come as Dec. 15 looms, with more tariffs on Chinese goods to the U.S. set to kick in. The matter was further complicated by U.S. Congress passing a Hong Ko

The survey also found that more than 25% of this total is spent on products and treatments for the face alone. If a product in your cabinet isn’t expired, though, just dried out or broken, there ways to make it last longer. For pressed powder products such as blush, powder foundation, or eye shadow, repairing cracks in the powder is easy. Add moisturizer to make foundation last longerWhen you’re running low on liquid foundation, cut open your tube of foundation and scrape the inside. If you take

Rihanna speaks during the Fenty Beauty Artistry and Beauty Talk in collaboration with Sephora on September 29, 2018, in Dubai, United Arab Emirates. Celebrities like Rihanna and Jessica Alba are great examples of how women can make it work on a massive scale. Rihanna, Fenty BeautyCreating makeup in shades to match all skin tones was Rihanna’s mission when starting Fenty Beauty. The Honest Company uses natural ingredients in its products and sells baby and household products including diapers, wi

Morgan Stanley issued its tenth annual list of “secular growth stocks” on Wednesday, which is the firm’s list of the top 35 companies that it expects will “grow strongly well into the future” regardless of the strength of their respective industries. All of the companies on Morgan Stanley’s list are expected to have compound annual growth rates of 10% for earnings, revenue or both over the next three years. A few of the highlights from Morgan Stanley’s list are Amazon, Tesla, The Blackstone Grou

Asia stocks declined on Wednesday as U.S. President Donald Trump threatened to raise tariffs on Chinese goods if the two economic powerhouses do not strike a deal. Hong Kong’s Hang Seng index slipped about 0.73%, as of its final hour of trading. Elsewhere, Japan’s Nikkei 225 slipped 0.62% to close at 23,148.57 while the Topix index shed 0.33% to 1,691.11. The S&P/ASX 200 in Australia declined 1.35% to close at 6,722.40 as the heavily-weighted financial subindex fell 2.15%. Shares of Australia’s

The dollar rose on Wednesday and trade-exposed currencies fell after the U.S. president threatened a trade war escalation and China condemned a U.S. senate measure backing pro-democracy protesters in Hong Kong. China condemned the U.S. legislation aimed at protecting human rights in Hong Kong, saying that the U.S. should stop interfering. Matys said that the U.S. senate’s bill in support of Hong Kong could complicate progress towards a preliminary trade deal. Markets had hoped that a partial tra

Oil field workers with Wisco work on a pump jack in North Dakota, the United States, on November 6, 2013. Oil prices turned positive on Wednesday, reversing two days of losses, following a smaller-than-expected build in US inventories. Crude inventories in the United States increased by 1.4 million barrels from the prior week, the U.S. Energy Information Administration said on Wednesday. The U.S. aircraft carrier strike group Abraham Lincoln on Tuesday sailed through the vital Strait of Hormuz t

Spot gold dipped 0.15% to $1,469.87 per ounce, having touched a two-week high of $1,478.80 earlier. The U.S. Commerce Department confirmed it has begun issuing licenses for some U.S companies to supply non-sensitive goods to Huawei. U.S. President Donald Trump also threatened to raise tariffs on Chinese goods if a trade deal is not reached soon. It must be in preparation for the Fed minutes,” said Phillip Streible, senior commodities strategist at RJO Futures. “It feels like a trade agreement co

European stocks closed lower on Wednesday after U.S. President Donald Trump threatened to hike tariffs on Chinese goods if Beijing does not agree to a trade deal. The pan-European Stoxx 600 was 0.3% lower at the closing bell. Travel and leisure stocks led losses, ending the session more than 1% lower, while the China-exposed basic resources sector was 0.4% lower. During a meeting with his cabinet on Tuesday, the president said that if China did not make a deal, he would “just raise tariffs even

For comparison, Restaurant Brands International, the parent company of Burger King, Popeyes Louisiana Kitchen and Tim Hortons, is up 26% in 2019. The discounting error also impacted the overall same-store sales sales of Burger King. Carrols operates more than 1,000 Burger King restaurants and 60 Popeyes locations, as of Sept. 29. In October, the chains’ parent company reported that both Burger King and Popeyes had their strongest quarterly same-store sales in years. “It doesn’t hurt that [Wendy’

United Auto Workers President Gary Jones delivers remarks at the opening plenary session of the National Association of the Advancement for Colored People’s annual convention in Detroit, July 22, 2019. DETROIT — The executive board of the United Auto Workers has started the process of removing President Gary Jones from his position and the union. Jones’ lawyer Bruce Maffeo told the Detroit News the union president had resigned on Wednesday. “This is a somber day, but our UAW Constitution has pro

A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. L Brands posted mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued to weigh on its performance. L Brands shares, which closed near a 10-year low, rose nearly 4% during extended trading. Same-store sales at L Brands’ total business fell 2% in the third quarter, a bigger drop than the 1% d

The RealReal’s stock plunged by nearly 11%, shaving off more than $202 million in market value, on the day a CNBC investigation revealed problems in the company’s authentication process. But CNBC found many of the items on the site were being authenticated by copywriters with limited training, leading to mistakes. ‘Faux and Tell’The internal documents, called “Copywriting Faux and Tell,” are “a weekly recap of TRR published and returned counterfeits.” The “GG” is described as a “garish” gold, in

Trump visits Tim Cook at Apple Mac Pro plant in Texas15 Hours AgoPresident Trump traveled to Austin, Texas, today to meet with Apple’s Tim Cook at the company’s Mac Pro plant there.

Elizabeth Warren took every chance early in Wednesday’s Democratic debate to promote a wealth tax — her signature 2020 campaign plan that has led to sparring with titans of the business world. Asked about what she would do to unite the country, the Massachusetts senator pointed to her proposals to hike taxes on the richest Americans. “And here’s the thing: that’s something that Democrats care about, independents care about and Republicans care about.” The senator aims to fund sweeping social pro