Connect with us
[ad_1] Wells Fargo (WFC) reported mixed fourth-quarter results on Friday. But the bank demonstrated a stellar bottom line, while committing to much-welcomed share buybacks in the current...
[ad_1] Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty...
[ad_1] Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks,...
[ad_1] Inflation closed out 2022 in a modest retreat, with consumer prices in December posting their biggest monthly decline since early in the pandemic, the Labor...
[ad_1] Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al...
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments....
[ad_1] Fears of an impending recession have been a drag on bank stocks for months. But we’ve stayed invested in our two financials — Wells Fargo...
[ad_1] Wells Fargo is stepping back from the multi-trillion dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. Instead of...
[ad_1] People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs...
[ad_1] Hardly a day goes by without someone asking me, “Why do you like Jay Powell so much?” He will question whether I am somehow buddies...
[ad_1] Based on the initial market action of 2023, it appears investors’ New year’s resolutions were something like this: Keep Big Tech in the penalty box,...
[ad_1] Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries...
[ad_1] We’re growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out...
[ad_1] Pavlo Gonchar | Lightrocket | Getty Images Shares of Silvergate Capital sank nearly 40% on Thursday after the crypto-focused bank released preliminary fourth-quarter results that...
[ad_1] Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade...
[ad_1] A ChargePoint station at the New Carrollton Branch Library in New Carrollton, Md. Tom Williams | Cq-roll Call, Inc. | Getty Images Check out the...
[ad_1] Russian President Vladimir Putin chairs a meeting with members of the Security Council at the Novo-Ogaryovo state residence outside Moscow, Russia November 25, 2022. Alexander...
[ad_1] In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images...
[ad_1] Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur,...
[ad_1] China’s latest move to roll back its zero-Covid policy by scrapping quarantine restrictions for international travelers is the last leg of recovery we’ve been waiting...