(CNBC) Gap CEO Sonia Syngal is stepping down, effective immediately, the company announced on Monday, as the apparel retailer battles supply chain challenges and slumping sales. Syngal will stay at the company during a brief transition period, and Bob Martin, […]

(CNBC) A surge among hedge funds in the first six months of 2022 has been led by the Haidar Jupiter fund which gained 4.6% in June, boosting returns this year to 170%. To read this article:

(CNBC) Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company’s chief legal officer Friday. But Twitter’s board chair Bret Taylor said the […]

(CNBC) U.S. equities futures dipped Sunday evening as Wall Street looked ahead to big company earnings reports and key inflation data, on the heels of a strong employment report. Futures tied to the Dow Jones Industrial Average slipped by 155 […]

(CNBC) Consumer inflation data and the start of the second-quarter earnings season could be two catalysts that make for a bumpy ride in markets in the week ahead. PepsiCo’s earnings are the first major report of the week Tuesday, and […]

(CNBC) June’s big payroll jump helped clear away some of those recession clouds for a U.S. economy that nonetheless faces some stormy weather ahead. Job gains of 372,000 convinced most Wall Street economists that the idea of a first-half recession […]

(CNBC) Stock futures fell early on Friday following a rally on Wall Street as investors await a key jobs report Friday. Futures tied to the Dow Jones Industrial Average fell 91 points or 0.29%. S&P 500 futures were down 0.36%, […]

(CNBC) June’s employment report is expected to show strong hiring continues across a broad range of industries, and that the labor market may so far be untouched by concerns about a recession on the horizon. According to Dow Jones, economists […]

(CNBC) The Federal Reserve is well on its way to another sharp interest rate hike in July and perhaps September as well, even if it slows the economy, according to statements Thursday from two policymakers. Fed Governor Christopher Waller left […]

(CNBC) U.S. Treasury yields fell back slightly on Friday, although the closely watched 2-year/10-year yield curve — a key recession signal — remained inverted. The yield on the benchmark 10-year Treasury lost one basis point to about 2.9983%, while the […]

(CNBC) GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. To read this article:

(Reuters) Vanguard Group, the largest mutual fund company, on Wednesday reached a $6.25 million settlement to resolve regulatory charges it failed to warn many fund investors that they would face surprisingly big tax bills. The settlement with Massachusetts Secretary of […]