The bank is reinstating a tradition of annual employee culls targeting between 1% and 5% of lower performers in positions across the firm.
Stocks making the biggest moves midday: Bristol-Myers Squibb, Twitter, Gilead Sciences and more
These are the stocks posting the largest moves midday.
Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows
Respondents to the New York Fed survey indicated they expect the annual inflation rate to be 5.7% a year from now.
Taxpayers have just a few weeks left to claim their share of $1.2 billion in IRS fee refunds. Here’s how to take advantage
You may be eligible for IRS late penalty relief if you skipped tax returns during the pandemic. But you must file missing returns by Sept. 30 to qualify.
Stocks making the biggest moves premarket: Carvana, Bristol-Myers Squibb, Alphatec and more
These are the stocks posting the largest moves in premarket trading.
Goldman’s Apple Card business has a surprising subprime problem
Goldman’s consumer business has had a bumpy ride as of late, marked by mounting losses, leadership turnover and missed product deadlines.
JPMorgan Chase acquires payments fintech Renovite to help it battle Stripe and Block
While JPMorgan is the world’s biggest provider of merchant services, fast-growing upstarts including Stripe and Block have been climbing the rankings.
These Chinese stocks can benefit if the metaverse takes off, JPMorgan says
When it comes to futuristic concepts like the metaverse, JPMorgan analysts think they’ve found a strategy for selecting Chinese stock plays.
Shanghai, Mumbai, Melbourne and beyond: CNBC names the best Asia-Pacific hotels for business travel
After months of research, CNBC and Statista release the rankings of the best hotels for business travelers in 47 cities in Asia-Pacific.
Companies are slashing parental leave benefits as their ‘purse strings have tightened.’ Here’s how to prepare
After boosting paid parental leave during the pandemic, many companies are now cutting or reducing the benefit. Here’s what future parents need to know.