-
Facebook-Backed Diem Aims to Launch Digital Currency Pilot Later This Year
Formerly known as Libra, the Facebook-backed digital currency project faced strong opposition from regulators in 2019.
-
Citigroup CEO Jane Fraser Says of Moves to Shrink Retail Banking Footprint: ‘We Want to Be a Winner'
Last week, the bank said it was exiting retail banking in 13 countries outside the U.S., one of the first big strategic moves made by new CEO Jane Fraser.
-
Morgan Stanley Tops Earnings Estimates on Better-Than-Expected Trading, Investment Banking Results
The bank posted first-quarter adjusted profit of $2.22 a share, easily beating projections of $1.70.
-
Big Bank Stocks Are ‘Dirt Cheap' After Posting Earnings, Jim Cramer Says
“The banks are doing pretty darned good, even if their stocks don’t necessarily reflect that fact,” the “Mad Money” host said.
-
Coinbase's Debut Is Monumental for the Crypto Industry, Despite Volatility: CNBC After Hours
On today’s show, Kate Rooney wraps up the watershed moment when Coinbase became a publicly traded company.
-
So Far in Earnings Season, Companies Are Reporting Numbers Way Above What Wall Street Expected
Everyone knew earnings were going to be good, but this is really good.
-
Citigroup Beats Estimates on Reserve Release, Says It Is Exiting 13 Retail Markets Outside the U.S.
Fraser, reporting results for the first time at the helm of the country’s third-biggest bank, wasted no time making changes to the firm’s sprawling operations.
-
JPMorgan Pledges $2.5 Trillion Over the Next Decade Toward Climate Change
JPMorgan will invest trillions over the next decade in long-term solutions tackling climate action and social equality.
-
Options Traders Get Bullish on Citi as Bank Earnings Season Kicks Off
The big banks kicked off earnings season on Wednesday, and options traders are betting that Citi will jump higher when it reports before the bell on Thursday.
-
How JPMorgan Increased the Number of Black Interns in Its Wall Street Program by Nearly Two-Thirds
The move at JPMorgan could ultimately begin to change the composition of Wall Street, which for decades has been mostly a bastion for white males.
-
SoftBank Invests $500 Million in Digital Mortgage Lender Better.com
SoftBank has invested $500 million in digital mortgage lender Better.com, valuing the company at roughly $6 billion amid a pandemic-induced refinancing frenzy.
-
Morgan Stanley and Goldman Sachs' Roles in Volatility of ViacomCBS Raise Questions
Morgan Stanley and Goldman Sachs, two firms at the center of the Archegos Capital unwinding, played a variety of roles before, during and after the margin call.
-
Coursera Closes Up 36%, Topping $5.9 Billion Market Cap in Wall Street Debut
Education tech company Coursera made its market debut Wednesday on the New York Stock Exchange through an IPO and is now trading under the ticker symbol “COUR.”
-
Major U.S. Companies Take Aim at Georgia's New Voting Restrictions
Business executives across the United States are calling out efforts to restrict voting access.
-
Coursera Files for IPO Amid Online Learning Boom
Coursera files S-1 with the Securities and Exchange Commission for an initial public offering to list on the New York Stock Exchange under ticker symbol “COUR.”
-
S&P 500 Closes at a Record, Dow Jumps 450 Points as Stocks Rally in the Final Minutes of Trading
All three major equity benchmarks rallied to their session highs into the close.
-
Robotic Automation Company UiPath Files to Go Public — Revenue Grew 81% Last Year, Losses Pared
UiPath filed with the Securities and Exchange Commission to list on the New York Stock Exchange under the ticker symbol PATH.
-
What to Watch Today: Dow to Add to Thursday's Late-Session Comeback
Dow and S&P 500 futures added to Thursday’s late-session comeback, which saw Wall Street break a two-day losing streak.
-
Stocks Making the Biggest Moves in the Premarket: MSG Entertainment, BowX Acquisition, Root Inc. & More
The stocks making the biggest moves in premarket trading include MSG Entertainment, BowX Acquisition, Root Inc., and more.
-
Banks Stocks Rise After Hours as Fed Sets Date to Lift Buyback, Dividend Restrictions
The central bank will allow major U.S. banks to resume buybacks and raise dividends after June 30.