Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reaching more Americans in smaller cities…
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Editor's Pick
CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage
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CrowdStrike on Sunday said Delta Air Lines had rejected on-site help during last month’s massive outage that sparked thousands of flight cancellations. Delta CEO Ed Bastian told CNBC’s “Squawk Box” last week that the mass cancellations…
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American recession fears spark selloff in international markets and point to lower U.S. open
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U.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a popular trade that had helped counter high interest rates.…
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Business is good in ‘Vacationland.’ It would be even better with more housing.
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ROCKLAND, Maine — Noah Barnes can’t sell bunks aboard his schooner fast enough. The ones unoccupied by his staff, anyway. Barnes, the owner and captain of the 153-year-old Stephen Taber,…
Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed in its earnings filing that its holding…
Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears of a more substantial slowdown for the U.S.…
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Mortgage rates plunge to the lowest level in over a year after weak employment report
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The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed…
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U.S. unemployment rate ticks up to 4.3% amid signs of broader economic slowdown
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The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy. The Bureau of…
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Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos
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Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked by a botched CrowdStrike software update that stranded…
Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock price, which trades under the ticker DJT on the…