Bank of America shares drop after third-quarter revenue miss and regulatory penalty
Bank of America shares fell Wednesday after the company posted weaker-than-expected trading revenue and the impact of a $1.2 billion Treasury fine.
What to expect at the next Fed meeting now that rate-hike odds are rising
Market participants and economists are split on the question of whether or not the Federal Reserve will raise interest rates by another quarter-point in two weeks.
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Netflix to lay off roughly 1,000 employees, or 6% of workforce
Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC.
Bank of America adds a profit miss to the misery of a $1.2 billion government fine
Bank of America’s stock falls as investor disappointment over the $1.2 billion government fine added to the bank’s downbeat earnings report.
Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
‘Sopranos’ star Steven Van Zandt is selling his Greenwich Village penthouse for $19 million
Musician and actor Steven Van Zandt is ready to part with his Greenwich Village penthouse, hiking the price up by $4 million after initially listing it in June of this year.
‘I am a pretty cautious person’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky?
“I like my life, but I also like the idea of a big return after years of putting money into my 401(k).”
Airport attacks put aviation in crosshairs of geopolitical conflicts
Deadly attacks at Riyadh’s main airport are disrupting airlines, closing airspace and raising new security questions for commercial aviation.
