Despite economic uncertainty, experts at CNBC’s Financial Advisor Summit urge investors to stay in the market in 2023. Here’s what to know.
Morgan Stanley cut about 2% of global staff on Tuesday, sources say
Morgan Stanley is following rival Goldman Sachs in reinstating a Wall Street ritual that had been put on hold during the pandemic: the annual cull.
Stocks making the biggest moves midday: Textron, Charter, Estee Lauder, Signet and more
These are the stocks posting the largest moves in midday trading.
Jim Cramer’s Investing Club meeting Tuesday: Bank pick, consumer play, Alphabet
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
iPod creator Tony Fadell designed a $279 credit card-sized device for storing your crypto
French startup Ledger debuted its new hardware crypto wallet, the Ledger Stax, on Tuesday. It was designed by Tony Fadell, creator of the iPod.
Sam Bankman-Fried’s Robinhood stake is tied up in FTX bankruptcy proceedings, CEO Tenev says
“We’re just watching this unfold,” Tenev said. “It’s going to be locked up in bankruptcy proceedings, most likely for some time.”
Mark Cuban cold-called the Dallas Mavericks’ CEO to get her to take the job
Cynt Marshall, the Dallas Mavericks CEO, had never heard of Mark Cuban when the billionaire cold-called her with a job recruitment pitch in 2018.
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
JPMorgan CEO Jamie Dimon discussed the future of energy on CNBC’s “Squawk Box” on Tuesday.
Jamie Dimon says inflation eroding consumer wealth may cause recession next year
The longtime JPMorgan Chase CEO says that while consumers are currently flush with savings, that will likely run out by mid year 2023.
Robinhood to pay a 1% ‘match’ on customer contributions to retail individual retirement accounts
The retail brokerage will match 1% of each dollar saved in its individual retirement accounts. Experts think it’s a way to get attention in a crowded market.