There’s a growing discrepancy between retirement balances for high- and low-income workers. New research finds some less obvious factors contribute to that gap.
HSBC sees 89% rise in quarterly pre-tax profit, beating analysts’ expectations
Profit before tax for the second quarter stood at $8.7 billion, while revenue for the same period came in at $16.71 billion.
Stocks making the biggest moves after hours: Yum China, Western Digital, ZoomInfo and more
These are the stocks posting the largest moves in extended trading.
ON Semiconductor stock pops after second-quarter earnings. Here’s what the pros are saying
Pros on CNBC discussed ON Semiconductor’s stock hitting an all-time high after the chipmaker reported second-quarter results that topped analyst estimates.
Banks say conditions for loans to businesses and consumers will keep getting tougher
The Fed’s closely watched Senior Loan Officer Opinion Survey showed that while credit conditions got more strict, demand declined as well.
Mega Millions jackpot hits $1.05 billion. Here’s the possible tax bill for the winner
The Mega Millions jackpot has soared above $1 billion for the fifth time in history. Here’s the expected tax bill if you win.
Stocks making the biggest moves midday: SoFi, ON Semiconductor, Disney, Sweetgreen and more
These are the stocks posting the largest moves in midday trading.
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
Richard Schueler, also known as Richard Heart, defrauded investors out of millions through his Hex cryptoasset, the SEC alleged.
Francisco Partners & TPG to take New Relic private in $6 billion deal
The consortium offered $87 per share in an all-cash deal to take New Relic private on Monday.
Stocks making the biggest moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and more
These are the stocks posting the largest moves in early trading.