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Wells Fargo reports $2.4 billion loss for the quarter, slashes dividend to 10 cents

Charles ScharfMichael Nagle | Bloomberg | Getty ImagesWells Fargo on Tuesday posted its first quarterly loss since the financial crisis as the bank set...

How IPOs give the 'illusion of diversity' with underwriters, while paying minority-owned firms less

A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City.Angela Weiss...

Keep buying hot stocks like Slack and Costco, Wall Street's best-performing analysts say

Costco store in Teterboro, New Jersey.SOPA Images | LightRocket | Getty ImagesHow to pinpoint top stocks primed to outperform during this uncertain time?...

A textbook Wall Street activism play is unfolding with underperforming software company Virtusa

A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock. This is a textbook...

Wells Fargo tells new clients they need $1 million in balances for certain mortgage...

Wells Fargo is raising the bar for new customers to get a popular mortgage product, CNBC has learned exclusively.The bank is now requiring...

A 'financial war' with China could be brewing on top of the trade war

You've heard about the trade war with China. There may be a separate, potential "financial war" brewing.The Securities and Exchange Commission wants you...

Dividend payments plunge by $42.5 billion in worst quarter for income investors since financial...

A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty)...

Apple Maps driving activity is slowing again in warning sign for the economy

A view of traffic at rush hour on FDR Drive as New York City moves into Phase 2 of re-opening following restrictions imposed...

SIP inflows fall below Rs 8,000-crore levels for first time in 18 months

SIP inflows fall below Rs 8,000-crore levels for first time in 18 months READ SOURCE

Goldman warns delayed election results this November similar to Bush-Gore could rock the market

Joe Biden and Donald TrumpRon Adar | Echoes Wire | Barcroft Media via Getty Images; Mandel Ngan | AFP | Getty ImagesGoldman Sachs...