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Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - 1d -
South Korea’s President Yoon arrested after stand-off with police
Predawn raid on impeached leader’s compound marks latest twist in political crisis over failed martial law bidFinancial Times - 1d -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
Live updates: US reels after New Year’s attacks; 119th Congress kicks off
In the past week, the U.S. saw a pair of New Year’s Day attacks in Nevada and Louisiana that took multiple lives and injured dozens, and the 119th Congress kicked off with a packed first day. ...The Hill - Jan. 5 -
MLB Power Rankings: Where every team stands in the new year
Although there are still free agents to be signed, let's reassess the standings now that we're in the middle of the offseason.ESPN - Jan. 5 -
Where Giants reportedly stand with three prominent free agents
The San Francisco Giants reportedly still are in contention for three remaining star MLB free agents.Yahoo Sports - Jan. 4 -
Attempt to arrest S Korea president suspended after six-hour stand-off
Yoon Suk Yeol's "refusal of the legal process" is "deeply regrettable", investigators say.BBC News - Jan. 3 -
South Korean officials abandon bid to arrest impeached president after stand-off
Yoon Suk Yeol faces probe into alleged treason and abuse of power over failed attempt to impose martial lawFinancial Times - Jan. 3
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Wall Street banks had a great quarter, and the boom times are just starting
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These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - 1h -
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.CNBC - 1h -
Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years
In a blog post on Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.CNBC - 39m -
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
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FDA Wants to Curb Nicotine in Cigarettes, But Plan’s Fate Rests With Trump
Officials proposed limiting the amount of nicotine to make cigarettes less addictive, but it’s unclear if the incoming administration will offer support.Inc. - 25m -
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.CNBC - 27m -
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Trump Taps Mel Gibson, Sylvester Stallone and Jon Voight as Hollywood ‘Ambassadors’
The president-elect said the actors would be his “eyes and ears” with the goal of helping the entertainment industry, which he said had lost business to foreign countries.The New York Times - 32m -
Amazon lays off about 200 employees in its stores unit
The cuts are focused in Amazon's core retail unit, which spans a wide range of businesses, including fashion and fitness, Prime and private label brands.CNBC - 32m