UBS shares rallied to 15-year highs on the back of what analysts branded a “historic” earnings report, though Deutsche Bank said the lender may remain a “construction site” for some time.
Student loan interest resumes Sept. 1. What that means for subsidized vs. unsubsidized debt
Interest accrual has been paused on student loans for more than three years. Interest resumes on Sept. 1 and it has big implications for certain types of debt.
Stocks making the biggest premarket moves: Dollar General, Salesforce, Palantir and more
These are the stocks posting the largest moves in the premarket.
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
Buy now, pay later firm Klarna cuts losses in first half but falls short of profit
Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse.
Op-ed: Why the world needs more oil, not less
If oil vanished today, these and many other vital products and services that use oil or its derivatives would vanish too.
Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and more
These are the stocks posting the largest moves in extended trading.
Apple shares rise as new iPhone speculation ramps up. Here’s what the pros have to say
Pros on CNBC discussed Apple as investors ponder what the company’s next iPhone reveal means for the stock.
Stocks making the biggest moves midday: HP, Box, Brown-Forman, Insulet and more
These are the stocks posting the largest moves in midday trading.