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Latest stock market news from Wall Street - CNNMoney.com



CNNMoney.com, the business website of CNN, combines business news and in-depth market analysis with practical advice and answers to personal finance questions.



Published: Mon, 26 Sep 2016 11:13:10 EDT

Copyright: © 2016 Cable News Network LP, LLLP.
 



Fired Wells Fargo workers fight back with lawsuit

Mon, 26 Sep 2016 11:09:11 EDT

A pair of fired Wells Fargo workers have filed a class action lawsuit in California against the bank, saying they were fired after refusing to open fake accounts. They seek $2.6 billion.(image)



Wells Fargo workers: Fake accounts began years ago

Mon, 26 Sep 2016 10:25:14 EDT

Wells Fargo's fake accounts -- the shocking tactics that were revealed this month -- have been around much longer than the bank has acknowledged, former employees are telling CNNMoney. "These practice were going on way before 2011," said Susan Fischer, a former Wells Fargo branch manager who started working at the bank in Wisconsin in 2004.(image)



4 reasons OPEC will struggle to boost oil prices

Mon, 26 Sep 2016 10:41:13 EDT

The world's major oil producers are in Algeria this week, trying again to find a way of pushing prices higher.(image)



Deutsche Bank at lowest level in 20 years

Mon, 26 Sep 2016 09:26:37 EDT

Deutsche Bank stock slumped to its lowest level in more than 20 years after reports that Germany has ruled out state assistance for the troubled bank.(image)



Smith & Wesson loses bid to supply Army pistols

Mon, 26 Sep 2016 10:17:04 EDT

Smith & Wesson stock is down after the Army rejected the company's bid to replace Beretta as its pistol supplier.(image)



Voters say this election is about 'lesser of two evils'

Sun, 25 Sep 2016 06:56:35 EDT

American voters of all different political and socioeconomic backgrounds tell CNNMoney they are really unhappy with Donald Trump and Hillary Clinton. The concern is whether they will stay home on Election Day -- or pull back on their spending.(image)



Arnold Palmer changed the way sports stars make money

Mon, 26 Sep 2016 03:07:09 EDT

Golfing great Arnold Palmer became the first sports star to show that income from commercial endorsements could outstrip prize-money earnings.(image)



Twitter skyrockets on more takeover rumors

Fri, 23 Sep 2016 14:17:52 EDT

Is Twitter finally going to sell out? Shares surged on a report that a buyout could be coming. Google is still named as one of the top suitors. But so is software company Salesforce.(image)



McDonald's tests all-day breakfast Happy Meal

Fri, 23 Sep 2016 13:36:43 EDT

Read full story for latest details.(image)



'President Trump': A regulation killer and creator

Fri, 23 Sep 2016 10:04:52 EDT

Donald Trump renewed his threats to cut two EPA regulations. He's also said he would be 'dismantling' Dodd-Frank while supporting one hiring regulation.(image)



Wells Fargo CEO could walk with $200 million

Fri, 23 Sep 2016 08:06:21 EDT

Read full story for latest details.(image)



Cheap oil is crushing Middle Eastern countries

Wed, 17 Feb 2016 12:37:09 EST

Saudi Arabia, Qatar and Iran count on oil exports. But oil in the current $40 to $50 range is already below the break-even point for many Middle Eastern nations.(image)



Elizabeth Warren wants Wells Fargo firings investigated

Thu, 22 Sep 2016 15:33:44 EDT

Elizabeth Warren and seven other senators have asked the Department of Labor to launch an investigation into whether Wells Fargo violated the Fair Labor Standards Act.(image)



Maybe Yellen should run for president! Markets love her

Thu, 22 Sep 2016 14:32:49 EDT

Move over Alan Greenspan. Maybe Janet Yellen is the new market maestro? Stocks rallied for a second straight day as investors seemed to like the Fed's plans to eventually start raising rates again ... but not do so too quickly.(image)



Will Chipotle ever recover from E. coli woes?

Thu, 22 Sep 2016 11:39:04 EDT

Read full story for latest details.(image)



'Wells Fargo isn't the only one'

Thu, 22 Sep 2016 09:24:52 EDT

Nearly a dozen current and former employees at large and regional banks tell CNNMoney that a sales obsession pervades their banks, too.(image)



Janet Yellen fires back at Trump: Fed is not political

Wed, 21 Sep 2016 16:04:20 EDT

Donald Trump has accused the Federal Reserve of keeping rates low to help President Obama and Hillary Clinton. On Wednesday, Janet Yellen said that's not true, 'We do not take politics into account in our decisions.'(image)



Stocks get Fed afterglow; Yahoo in focus; Samsung rallies

Thu, 22 Sep 2016 07:31:18 EDT

Here's what you need to know about the markets before you start your business day.(image)



I called the Wells Fargo ethics line and was fired

Wed, 21 Sep 2016 13:26:44 EDT

CNNMoney is hearing from former Wells Fargo workers around the country who tried to put a stop to these illegal tactics. Almost half a dozen workers who spoke with us say they paid dearly for trying to do the right thing: they were fired.(image)



Fed leaves interest rates alone; dials down 2016 forecast

Wed, 21 Sep 2016 14:49:44 EDT

The Federal Reserve also downgraded its forecast for economic growth in 2016 for the third time this year. It now projects growth this year to be 1.8%. In June it forecast growth of 2%.(image)