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Xiaomi, once dubbed the 'Apple of China,' has lost 40% of its value since its IPO last year
The stock has shed 25 percent this year, plummeting to all-time lows and trading below 10 Hong Kong dollars. It has lost 40 p...
US import prices fell 1% in December, driven by a drop in fuel costs
U.S. import prices and export prices fell in December driven by lower fuel prices. Import prices declined 1.0 percent in Dece...
Democrats introduce bill to hike federal minimum wage to $15 per hour
Democrats introduce a bill to gradually raise the federal minimum wage to $15 per hour from the current $7.25. Though it coul...
Watch JP Morgan Chase CEO Jamie Dimon speak at the Economic Club of New York
[The stream is slated to start at noon ET. Please refresh the page if you do not see a player above at that time.] J.P. Morga...
Goldman CEO Solomon on ex-banker's role in 1MDB scandal: 'We apologize to the Malaysian people'
"It's very clear that the people of Malaysia were defrauded by many individuals, including the highest members of the prior g...
These stocks could surge the most if and when US and China reach a trade deal
A resolution on trade between U.S. and China could be a big catalyst for a relief rally in the stock market. Tariff-sensitive ...
Apple is in talks with private Medicare plans about bringing its watch to at-risk seniors
Apple is in talks with private Medicare plans about getting Apple Watches into the hands — or wrists — of millions of people ...
More than 46,000 IRS employees called back to work to process refunds, calls
The federal agency released its filing season contingency plan, saying it will retain about 57 percent of its workforce throu...
Cramer calls Bank of America the 'Amazon' of financial stocks
Bank of America posted the strongest earnings numbers of the big banks so far, CNBC's Jim Cramer says. "You know what they ar...
Citigroup says female workers earn almost 30% less than male workers
Citigroup says in a blog post that median pay for its female employees is 71 percent of the median pay for men. "This reitera...
Ocasio-Cortez ready to start 'digging into' banks as member of powerful committee
Freshman Rep. Alexandra Ocasio-Cortez is almost certain now to be seated on a powerful committee that will oversee Wall Stree...
Snap nosedives 11% after its CFO unexpectedly resigns less than one year into his job
Snap said in a filing Tuesday that CFO Tim Stone, who had joined in May 2018, is resigning. Stone follows a host of other exe...
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