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Category: Finance News

Wells Fargo beats second-quarter expectations. Here’s what the pros are saying

Pros on CNBC discussed Wells Fargo after the bank beat earnings and revenue expectations for the second quarter.

Published 14 July 2023
Categorised as Finance News

Binance could lay off thousands as company buckles down for DOJ probe, source says

The crypto exchange plans to cut 1,500 to 3,000 workers total, a current employee familiar with the company’s plans told CNBC.

Published 14 July 2023
Categorised as Finance News

How you can save $500 or more on a flight to Europe this year

This summer is the priciest on record to fly to Europe. But waiting until fall could yield big savings.

Published 14 July 2023
Categorised as Finance News

Biden administration announces student debt forgiveness for 804,000 federal borrowers—here’s who qualifies

The Biden administration has now forgiven more than $116 billion in student debt. Here’s who qualifies for the latest round of forgiveness.

Published 14 July 2023
Categorised as Finance News

Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules

Banks face requirements to hold more capital as a cushion against risky activities from both U.S. and international regulators.

Published 14 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: UnitedHealth, JPMorgan Chase, Microsoft, JetBlue and more

These are the stocks posting the largest moves in midday trading.

Published 14 July 2023
Categorised as Finance News

Powerball jackpot climbs to $875 million. Here’s how much the winner could pay in taxes

The Powerball jackpot jumped to $875 million. Here’s what to expect for taxes if you score the winning ticket.

Published 14 July 2023
Categorised as Finance News

Why Citigroup’s shift to wealth management is a risky bet

Citigroup’s wealth management revenue fell 9% year over year in the first quarter of 2023.

Published 14 July 2023
Categorised as Finance News

Citigroup posts better-than-expected earnings and revenue, shares rise

Citigroup on Friday reported its second-quarter earnings.

Published 14 July 2023
Categorised as Finance News

Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more

These are the stocks posting the largest moves in premarket trading.

Published 14 July 2023
Categorised as Finance News

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