Finance

Charles Schwab stock pops 12% after second-quarter results beat expectations

Shares of brokerage firm Charles Schwab rose sharply Tuesday after the company’s second-quarter report topped expectations. Schwab generated 75 cents…

Is Biden’s $39 billion student loan forgiveness action legal? ‘Be assured it’s going to stay,’ says expert

The Biden administration Friday said it would forgive $39 billion of student debt for 804,000 borrowers, many of whom may…

Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance

Former Twitter employees in Ghana, who were laid off in November, have been left without severance pay and have not…

Stocks making the biggest moves premarket: Bank of America, Pinterest, Masimo and more

Check out the companies making the biggest moves before the bell. Bank of America — Bank of America added 0.4%…

Henry Kissinger meets with China’s defense minister in Beijing

BEIJING — Henry Kissinger, a former U.S. secretary of State, met with China’s defense minister, Li Shangfu, in Beijing on…

Morgan Stanley beats estimates on record wealth management revenue

Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s…

Bank of America tops analysts’ expectations amid higher interest rates

Bank of America on Tuesday posted second-quarter profit and revenue that edged out expectations as the company reaped more interest…

Warren Buffett’s Berkshire Hathaway cuts Activision stake as Microsoft deal inches closer

Warren Buffett’s Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft’s deal to buy the video…