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Layoffs and shrinking bonuses hit Wall Street as Morgan Stanley announces job cuts

Layoffs and shrinking bonuses hit Wall Street as Morgan Stanley announces job cuts

CNBC's Hugh Son reports on recent news from the banking sector.

01:55

Fri, Dec 2 20224:20 PM EST

Ryanair CEO: More and more people are traveling with lower fares

Ryanair CEO: More and more people are traveling with lower fares

40 min ago

Fed just can't wait to cut interest rates, says Sri-Kumar Global Strategies president

Fed just can't wait to cut interest rates, says Sri-Kumar Global Strategies president

an hour ago

Dow closes above 40,000 points for first time in history

Dow closes above 40,000 points for first time in history

Financials and utilities will benefit from a Fed rate cut, says Ned Davis' Ed Clissold

Financials and utilities will benefit from a Fed rate cut, says Ned Davis' Ed Clissold

Generative-AI startups like OpenAI beginning to monetize their cutting-edge technology

Generative-AI startups like OpenAI beginning to monetize their cutting-edge technology

Ryanair CEO: More and more people are traveling with lower fares

Ryanair CEO: More and more people are traveling with lower fares

40 min ago

Fed just can't wait to cut interest rates, says Sri-Kumar Global Strategies president

Fed just can't wait to cut interest rates, says Sri-Kumar Global Strategies president

an hour ago

Dow closes above 40,000 points for first time in history

Dow closes above 40,000 points for first time in history

Financials and utilities will benefit from a Fed rate cut, says Ned Davis' Ed Clissold

Financials and utilities will benefit from a Fed rate cut, says Ned Davis' Ed Clissold

Generative-AI startups like OpenAI beginning to monetize their cutting-edge technology

Generative-AI startups like OpenAI beginning to monetize their cutting-edge technology