Wells Fargo for years didn’t honor fee agreements between some financial advisors and their clients, the SEC said Friday.
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.
Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more
These are the stocks posting the largest moves before the bell.
Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer
The Watches of Switzerland Group lost a quarter of its value on Friday after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer.
Dubai luxury home prices soar by almost 50%, with Tokyo’s up 26%. Here’s where other cities stand
Taking second and third places were Tokyo, which saw an annual 26.2% rise, and Manila, which climbed 19.9%.
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
Chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for electric cars moderates.
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Many expect the central bank leader to change his stance so that he hits the ball pretty much down the middle.
Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more
These are the stocks posting the largest moves in extended trading on Thursday.
Nvidia shares little changed despite earnings beat. What the pros say to do next
Pros on CNBC discussed Nvidia after the company beat both earnings and revenue estimates for the second quarter.
31% of investors are OK with using artificial intelligence as their advisor
Nearly 1 in 3 investors are comfortable implementing financial advice from a generative AI program without verifying it first, a CFP Board poll found.