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Finance
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
People pass by a Wells Fargo bank on May 17, 2023 in New York City.Spencer Platt | Getty ImagesWells Fargo was snared in an industrywide probe into mortgage bankers' use of loan…
Bitcoin shows its wild side once again, dropping $3,000 in minutes over weekend
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin's price this year.STR | Nurphoto via Getty ImagesBitcoin fell…
Stocks making the biggest moves premarket: Cigna, Macy’s, Snap and more
Check out the companies making headlines before the bell. Occidental Petroleum — Shares dipped 1.1% after Occidental Petroleum agreed to buy privately held energy producer…
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
Occidental PetroleumJay L. Clendenin | Los Angeles Times | Getty ImagesOccidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the…
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2023. Brendan Mcdermid | ReutersMarkets are confused over the odds of a U.S.…
Treasury yields inch higher ahead of Fed meeting
U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week's Federal Reserve policy meeting.The yield on the benchmark 10-year Treasury note was…
Elon Musk reactivates Alex Jones’ X account after a five-year ban
C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael…
Want to buy property in the UK? Now could be the right time, experts say
Luxury properties in the Kensington and Chelsea district of London, UK, on Monday, Aug. 21, 2023.Jason Alden | Bloomberg | Getty ImagesThe U.K. property market has been a…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company "more firepower to act on opportunities," including acquisitions and new country…
China’s livestream shopping is booming, fueling new tech such as avatars and AI
HAIAN, CHINA - NOVEMBER 7, 2023 - A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto…