Wells Fargo CEO Charlie Scharf said low staff turnover means the company would likely book a large severance expense in the fourth quarter.
Making the grade in financial literacy: More states require students to take a personal finance course
Since 2013, there has been a nearly 700% increase in the number of states requiring students to take a personal finance course before high school graduation.
U.S. export controls need to ‘change constantly’ even if it’s tough for businesses, Secretary Raimondo says
U.S. Commerce Secretary Gina Raimondo told CNBC in an exclusive interview that more controls on tech exports to China will be coming, despite business concerns.
Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the economy into a recession, according to a portfolio manager.
Stocks making the biggest moves midday: Spotify, Virgin Galactic, Lululemon and more
These are the stocks posting the largest moves in midday trading.
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
Manchester United will next week announce that U.K. petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the soccer club, Sky News said Monday.
Virgin Galactic shares plunge after Branson rules out further investment
Virgin Galactic shares plunged more than 17% after British billionaire Richard Branson ruled out further investment in the company.
Here’s where to invest your cash to save on taxes in 2024
If you’re worried about higher taxes on high-yield savings or money market mutual funds, here are some options to consider for cash in 2024, experts say.
Stocks making the biggest moves premarket: Uber, Coinbase, Spotify, Alaska Air and more
These are the stocks posting the largest moves in early trading.
China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says
“The music industry has been the fastest growing entertainment segment in China with 140% revenue growth between 2019 and 2023,” Morgan Stanley estimates.