CEO Charlie Scharf has highlighted wealth management as one source of growth for the company, along with credit cards and investment banking.
Target bets on e-commerce by investing $100 million in hubs to speed up delivery
Target plans to have at least 15 delivery hubs across the country by January 2026.
Fed’s James Bullard pushes for faster rate hikes, sees ‘good shot’ at beating inflation
Bullard told CNBC that a more aggressive rate hike now would give the FOMC a better chance to bring down inflation.
Adidas renews deal with Major League Soccer
Adidas’ new deal with Major League Soccer will run through 2030.
Travel writers name the world’s 15 best escapes for peace and quiet
CNBC asked writers around the world to share a travel experience where beauty and stillness converged to create a moment they would never forget. These are their stories.
UBS downgrades Logitech, cites rising competition for the computer peripherals maker
The Swiss-American company will have to navigate several challenging quarters amid rising inflation and a weaker consumer, read a UBS note.
This one chart shows why January’s stock rally hit a wall in February
Economic data always impacts the market, but so far this year it is the prime mover.
Jennifer McClellan makes history as the first Black woman elected to Congress in Virginia
The Democratic state senator won a special election Tuesday in Virginia’s 4th Congressional District.
Citi upgrades Alcoa, says aluminum producer is a buy with China reopening
The bank upgraded shares to buy from neutral, saying Alcoa is about to get a boost from the world’s second largest economy.
Sweden and Finland’s NATO membership is a ‘matter of time’ amid Turkey negotiations, Swedish foreign minister says
Tobias Billström told CNBC that Sweden had “worked to fulfil everything” it agreed to in a memorandum of understanding last summer.