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Finance
Airbnb Chief Financial Officer Dave Stephenson moves to new role as company reaches ‘inflection point’
Airbnb Chief Financial Officer Dave Stephenson will transition into a newly created chief business officer role at the company.Airbnb Chief Financial Officer Dave Stephenson, who…
A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before…
D3sign | Moment | Getty ImagesMillions of people move money from a workplace 401(k) plan to an individual retirement account each year.Such "rollovers" are common when workers…
There’s now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. Brendan Mcdermid | ReutersA new product puts the leverage of high-powered…
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global…
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day:1. On pauseStock markets took a pause from their end-of-year rally on Monday. Small-cap stocks…
Nokia plunges to three-year low after losing major AT&T deal to rival Ericsson
Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures.Nurphoto | Nurphoto | Getty ImagesShares of Finland's Nokia plunged to a…
U.S. export controls need to ‘change constantly’ even if it’s tough for businesses, Secretary Raimondo…
BEIJING — More controls on tech exports to China will be coming as needed, despite business concerns, U.S. Commerce Secretary Gina Raimondo told CNBC in an exclusive interview."We…
GOP debate stage shrinks to four candidates
MIAMI, FLORIDA - NOVEMBER 08: Republican presidential candidates (L-R) former New Jersey Gov. Chris Christie, former U.N. Ambassador Nikki Haley, Florida Gov. Ron DeSantis and…
Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy into a recession, according to portfolio manager Paul…
Rockstar Games publishes Grand Theft Auto trailer early after it was leaked on X
Strauss Zelnick, CEO of Take Two Interactive.Adam Jeffery | CNBCShares of video game publisher Take-Two Interactive Software fell as much as 4% in extended trading on Monday after…