Finance

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Federal prosecutors have asked for two civil cases against J.P. Morgan Chase be put on hold until they have finished a related criminal prosecution involving current and former precious metals traders at the nation’s largest
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Metal worker Andy Mattingly operates a siphoning crucible in the pot room at Century Aluminum Company in Hawesville, Kentucky, May 14, 2019. Bryan Woolston | Reuters An update on manufacturing activity Friday could provide a much more useful picture of the economy than the October employment report, which is expected to be unusually weak due
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Dow Jones Industrial Average falls 20 points The Dow fell 20.04 points, or 0.07% to close at 27,071.42. The S&P 500 slipped 0.08% to 3,036.89. The Nasdaq Composite slid 0.59% to end the day at 8,276.85. The S&P 500 notched a fresh intraday record but mixed earnings and a looming Federal Reserve decision kept investor sentiment in
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Bob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBC It might seem like media companies are finally embracing the future as nearly every major programmer is launching a streaming service. But examining the streaming products of AT&T‘s WarnerMedia, Disney and Comcast‘s NBCUniversal in isolation, a different concept reveals itself. The giants of media
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Robinhood COO Gretchen Howard Source: Colson Griffith Photography. (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) It was early January — just one month after stock-trading start-up Robinhood announced a failed checking and savings product. It was also Gretchen Howard’s first
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Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup named Jane Fraser president Thursday, filling a role that has been open since earlier this year. Citi CEO Michael
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Negative interest rates have served as an effective policy tool for countries that have implemented them, at least in terms of easing financial conditions, according to a Federal Reserve study. In a recent research paper, San Francisco Fed economist Jens H.E. Christensen looks at the results of five foreign central banks that implemented sub-zero rates
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