Peloton and Oracle got a lift from better-than-expected earnings. Nikola took a massive hit as its CEO disputes fraud allegations.
Kategorie-Archiv: CNBC Financial News
Trump’s unemployment program pays up to $1,800 in extra benefits to workers who qualify
Unemployed workers can expect to get a $300 weekly supplement to jobless benefits for a period covering up to six weeks, according to a federal official.
Cramer says banking glass ceiling ‚finally cracking‘ with Jane Fraser named as next Citi CEO
„This is revolutionary and we can’t deny it,“ CNBC’s Jim Cramer said Thursday, praising the appointment that will make Fraser the first woman to lead a U.S. megabank.
Goldman now sees a 35% jump in Q3 GDP, much higher than the rest of Wall Street
Goldman economists said third quarter GDP growth is tracking at 35%, driven in large part by the surprising strength of consumer spending.
Citigroup wins deal to offer credit cards for Wayfair, edging out rival Alliance Data Systems
Credit-card issuers have been fiercely jockeying over multi-year co-brand deals as they offer banks a way to quickly tap into consumer spending at popular retailers.
Major wildfires tear through California, Oregon and Washington as death toll rises
Dozens of major wildfires are burning through the U.S. West Coast, destroying hundreds of homes and wiping out entire neighborhoods in two towns in Oregon.
Why Citigroup’s CEO is retiring earlier than expected, paving the way for the first woman to run a major U.S. bank
How a sagging stock price and a $900 million blunder may have sped up the promotion of the first CEO to run a major U.S. bank.
Gaming firm Razer exploring bank license applications in Europe and the U.S.
After applying to become a regulated bank in Singapore, gaming hardware firm Razer is now considering similar moves in Europe and the U.S.
Stocks making the biggest moves in the premarket: Peloton, Oracle, Chewy, eBay & more
The stocks making the biggest moves in premarket trading include Peloton, Oracle, Chewy, eBay, and more.
Oracle’s stock jumps as company returns to growth
The software maker delivered revenue growth even during the first full quarter of business during the coronavirus pandemic.