Banks raise costs in response to CFPB rule
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Banks that issue credit …
Discover Financial Services
5 key things we’re watching closely in the stock market this week
Wall Street managed to finish higher this week despite Thursday’s brutal rotation out of tech stocks. The Dow Jones Industrial Average was the big winner on the week — advancing …
Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season
What a difference a year makes. Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. The industry’s first-quarter results …
Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …
The market version of ‘quickie’ divorce is getting more costly
Bymuratdeniz | E+ | Getty Images With regulators exerting more scrutiny on mergers and acquisitions, managing risk is increasingly important for companies planning nuptials. One time-honored corporate M&A prenup strategy, …
Jamie Dimon on Capital One Discover deal: ‘Let them competeâ
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici …
Capital One Discover acquisition has $1.4 billion breakup fee for another buyer
Capital One headquarters in McLean, Virginia on February 20, 2024. Brendan Smialowski | AFP | Getty Images Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup …
Why Capital One is buying Discover in the biggest merger yet of 2024
Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger …
Jim Cramer’s top 10 things to watch in the stock market Thursday
My top 10 things to watch Thursday, Jan. 18 The Dow is set for a slightly lower open after three straight sessions of losses. But after back-to-back declines, the S …
As the market enters correction territory, don’t blame the US consumer
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. …