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Monday, November 25, 2024

Business

Bank of America is about to report earnings — here’s what Wall Street expects

CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing,...

GM’s 2025 EV production capacity target in doubt after Barra comments

General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive...

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street...

Macy’s ends buyout talks with Arkhouse and Brigade after months of negotiations

The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. Macy's department-store...

We are upgrading our rating on Wells Fargo as investors dump stock post-earnings

We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control...

SpaceX’s Falcon 9 rocket suffers rare inflight failure, is grounded during investigation

SpaceX's Falcon 9 is pictured launching satellites to orbit in space after it lifted off from the Vandenberg Space Force Base in California,...

Here’s why Wells Fargo stock is down 7% despite the bank’s quarterly earnings beat

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's...

Women are set to inherit trillions of dollars in the great ‘horizontal wealth transfer’

Charday Penn | E+ | Getty ImagesUp to $9 trillion is expected to be passed along to spouses and partners in the coming...

Ericsson shares rise after sales fall less than expected, North America returns to growth

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures.Nurphoto | Nurphoto | Getty ImagesEricsson shares hit their highest...

Dollar General settles with the Labor Department over workplace safety violations

A sign hangs above a Dollar General store on August 31, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesThe U.S. Department of Labor...

These 3 stocks are set to bounce once the Fed finally lowers interest rates

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's...

More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom

The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the...

Audi strikes multiyear partnership with MLS’ Inter Miami CF

Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team's official automotive partner.Courtesy: AudiAudi is driving up its sports...

Shares of 6 mega-cap companies that run the economy should dominate the stock market

We hear the warnings all the time. The market is only driven by a handful of massive tech stocks – and therefore, it's...

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