CEO Tim Sloan informs Wells Fargo employees that as many as 26,500 positions will be eliminated.
Trump followed up with a tweet suggesting that Christine Blasey Ford should have reported the alleged incident to the police if it was "as bad as she says."
The S&P 500 has a big problem: too much return from a handful of technology stocks. It has a plan to fix that, which goes into effect Monday, when Facebook, Alphabet and Netflix are on the move within S&P sectors, with big implications for investors.
Shares of Canadian marijuana company Tilray fell sharply in the premarket Friday as it concluded a wild week that captivated investors everywhere.
Canada's legalization of recreational marijuana-use next month is not going to produce the 'high' that investors think, CNBC's Jim Cramer warns.
Analysts are concerned the negative impact from Intel's processor manufacturing issues may last longer than one quarter.
Airbnb hosts are closer to paid partners than employees or investors, who would be eligible for stock options and equity ownership under current SEC rules for private companies.
Theresa May said Friday that talks with the European Union have stalled.
Jim Cramer points to the action in retail stocks as a sign that the economic windfall from the U.S.-China trade spat won't affect U.S. consumers as much as people think.
By year-end, the global color cosmetics industry will be worth $48.3 billion. As consumer demand for makeup increases, the strategies of cosmetic retail giants Sephora and Ulta are converging.
Lines were short outside Apple's flagship London store but longer in other locations like Singapore.
ABC News reported investigators have asked Michael Cohen about whether President Donald Trump or his associates had discussed a possible pardon for the lawyer, who pleaded guilty last month to federal criminal charges.
Less than one percent of people who've applied for public service loan forgiveness actually got it.
Many tend to underestimate the complexity of Medicare and all the available options.
Nike shares just sprinted to an all-time high, and some market watchers foresee even bigger gains.
Three-quarters of CFOs expect U.S. trade policy will negatively impact their companies in the coming month, according to the latest CNBC Global CFO Council survey. They are making contingency plans and moving operations as a heated trade war looms.
Jack Ma says he doesn't consider himself "legendary." Rather than follow him, people should try to carve their own way, Alibaba's billionaire CEO said Thursday.
Carlos Rafael made millions as the owner of one of the largest commercial fishing businesses on the East Coast, but his big mouth helped get him hooked in an undercover IRS sting with agents posing as Russian mobsters.
The five-bedroom apartment has Italian marble bathrooms and bamboo hardwood floors.
Here's how to figure out how much you should have stashed away at every point in your life.