Finance

Hiring stays strong for low earners, Vanguard finds

For lower-earning Americans, the pace of hiring remains strong, holding steady above its pre-pandemic baseline even as the demand for…

37% of Americans paid a late fee in the last 12 months, report finds

Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been…

Kohl’s stock plummets more than 20% after massive earnings miss

Kohl’s shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below…

Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures

Swedish climate-focused financial technology startup Doconomy told CNBC on Thursday that it’s raised 34 million euros ($36.9 million) from leading…

UBS overhauls wealth management leadership in wider board shake-up

LONDON — UBS on Thursday announced a shake-up of its executive board in the latest phase of a radical overhaul…

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year…

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more

Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of…

This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says

For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social…