[The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] The CEOs of the biggest U.S. retail banks, including JPMorgan Chase‘s Jamie Dimon and Wells Fargo‘s Charlie Scharf, are set to testify before the Democrat-led House Financial Services Committee. The
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Whether you’re strapping in for a Peloton ride or buying up virtual real estate, Mark Zuckerberg says you’ve joined the metaverse. On an August episode of the Joe Rogan Experience podcast, the Meta CEO said the evolution of virtual reality will unfold similarly to computers and cell phones: Gamers are the first to explore new
Polina Lebed | Istock | Getty Images In just a few weeks, tens of millions of Americans may be able to apply for student loan forgiveness. The U.S. Department of Education has said an application will be ready by “early October.” It said its application will be simple, but the federal student loan system is famously
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock suffered its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in
BEIJING — European businesses in China are revaluating their market plans after this year’s Covid controls further isolated the country from the rest of the world, said Joerg Wuttke, president of the European Union Chamber of Commerce in China. China’s stringent Covid policy has restricted international travel, and business activity — especially after a two-month
Brandon Bell | Getty Images News | Getty Images The White House released an analysis on Tuesday of how many people in each state stand to benefit from its student loan forgiveness plan, including a count of borrowers who received a Pell Grant. More than 3.5 million people are eligible for debt cancellation in California,
Key Findings The Section 232 tariffs on imports of steel and aluminum raised the cost of production for manufacturers, reducing employment in those industries, raising prices for consumers, and hurting exports. The jobs “saved” in the steel-producing industries from the tariffs came at a high cost to consumers, at roughly $650,000 per job saved according
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A ‘For Rent’ sign is posted near a home on February 07, 2022 in Houston, Texas. Brandon Bell | Getty Images Rents for single-family homes were 12.6% higher in July compared with the year-earlier month, but the gains continue to shrink from the record high seen in April, according to a new report from CoreLogic.
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president
In this article GM F LVS NVAX MRNA BNTX Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday.
Enes Evren It’s been a rough year for the stock market, and some consumers are closing investment accounts due to inflation and volatility concerns, according to a recent survey from Ally Financial. As investors brace for another major interest rate hike from the Federal Reserve, inflation is still hovering near a 40-year high and the
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In this article PTON Peloton Rowing Machine Courtesy: Peloton Peloton is adding rowing machines to its lineup as the company works through a restructuring to expand its customer base and return to a profit. The fitness-machine maker said on Tuesday it’s launching Peloton Row, which starts at $3,195 and is now available for preorder on
Take a look at some of the biggest movers in the premarket: Ford (F) – The automaker’s stock fell 4.5% in the premarket after it warned that quarterly earnings would take a hit of about $1 billion from increased supplier costs and parts shortages. Those factors contributed to a shortfall in finished vehicles ready to
Many people know how to earn money, but that’s only a small part of the equation. You also have to know how to multiply it over time, and when you should — and should not — spend on something. It took me 20 years of trial and error before I achieved a multimillion-dollar net worth.
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In this article SONY Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. Theaction-packed film about an all-female regiment of warriors brought in $19 million at
In this article MERC Siriporn Wongmanee / Eyeem | Eyeem | Getty Images The U.S. retirement system may seem flush — yet it ranks poorly in relation to those in other developed nations. Collectively, Americans had more than $39 trillion in wealth earmarked for old age at the end of 2021, according to the Investment
Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of the Polaris Program, announced earlier this year, in partnership with Elon Musk’s SpaceX. Isaacman’s crew of four is using fighter jets — including aircraft from his