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Preview: Latest stock market news from Wall Street - CNNMoney.com

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: Thu, 29 Sep 2016 12:53:14 EDT

Copyright: © 2016 Cable News Network LP, LLLP.
 



Walmart is making a comeback. Watch out, Amazon?

Thu, 29 Sep 2016 12:41:14 EDT

Even though Amazon is at an all-time high and seemingly rules the retail world, investors shouldn't overlook Walmart. The stock has enjoyed a solid comeback this year and the company clearly has global aspirations for e-commerce.(image)



Pepsi beats Coke thanks to junk food

Thu, 29 Sep 2016 10:32:19 EDT

Pepsi reported earnings and sales that topped forecasts and raised its outlook. The stock is outperforming top rival Coke too. The main reason? Even as consumers are shifting away from sugary soda, they still love potato chips.(image)



Lawmakers: Wells Fargo a 'criminal enterprise' like Enron

Thu, 29 Sep 2016 12:29:32 EDT

Wells Fargo CEO John Stumpf, seeking to rebound from a disastrous appearance before the Senate, will once again attempt to quiet the outrage in Congress over his bank's creation of fake accounts.(image)



Female CEOs are at record level in 2016, but it's still only 5%

Thu, 29 Sep 2016 06:54:58 EDT

America hit a milestone in 2016: the most female CEOs ever. 27 women now lead S&P 500 companies. That's up from 22 female CEOs last year, according to a new report.(image)



Why OPEC's oil deal won't mean a spike in gas prices

Thu, 29 Sep 2016 09:23:23 EDT

Read full story for latest details.(image)



Germany's second largest bank slashes 7,300 jobs

Thu, 29 Sep 2016 06:10:50 EDT

Commerzbank says it will slash thousands of jobs and stop paying dividends amid a broad restructuring of its business.(image)



OPEC agrees to cut production; oil prices surge

Wed, 28 Sep 2016 18:22:00 EDT

Oil prices rose 5% Wednesday after OPEC leaders announced the first oil production cut in 8 years.(image)



California punishes Wells Fargo with sweeping sanctions

Thu, 29 Sep 2016 12:10:20 EDT

Read full story for latest details.(image)



Disney-Twitter may make sense. But investors hate it

Wed, 28 Sep 2016 13:57:06 EDT

Twitter is a rumored takeover target for, well, just about anybody who's anybody in the worlds of media and technology. Disney is a particularly intriguing suitor. But would a deal solve Disney's big ESPN problem? Probably not.(image)



Congressman grills Fed chief on political motives

Wed, 28 Sep 2016 14:57:11 EDT

Congressman Scott Garrett (R-NJ) grilled Fed Chair Janet Yellen for another Fed leader's donation to Hillary Clinton's campaign.(image)



Elizabeth Warren is still furious with Wells Fargo boss

Wed, 28 Sep 2016 11:18:52 EDT

Elizabeth Warren renewed her demand for Wells Fargo CEO John Stumpf to step down and return the money he made while the bank's fake account scandal was taking place.(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)



U.S. warns Samsung washing machine owners after explosion reports

Wed, 28 Sep 2016 12:51:51 EDT

U.S. regulators are warning owners of top-loading Samsung washing machines following reports that some have exploded.(image)



Deutsche Bank: Does it need a bailout?

Wed, 28 Sep 2016 10:23:37 EDT

Speculation about the health of Germany's biggest bank is running wild.(image)



Wells Fargo to scrap controversial sales goals October 1

Wed, 28 Sep 2016 09:42:47 EDT

Wells Fargo CEO John Stumpf plans to say at Thursday's hearing in Congress that it will drop the controversial sales goals linked to its fake account scandal ahead of schedule.(image)



End of an era: BlackBerry will stop making its own phones

Wed, 28 Sep 2016 12:39:48 EDT

BlackBerry has decided to stop making its own phones. The company is going to outsource production of its once-popular devices and focus more on software. What will President Obama and Kim Kardashian West do now?(image)



Premarkets: 6 things to know before the bell

Wed, 28 Sep 2016 05:13:23 EDT

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



The biggest IPO of 2016 was a big flop

Wed, 28 Sep 2016 07:12:29 EDT

Shares in the Postal Savings Bank of China barely budged on their first day of trading.(image)



Wells Fargo CEO forfeits $41 million

Wed, 28 Sep 2016 08:32:17 EDT

Wells Fargo CEO John Stumpf has forfeited about $41 million worth of equity rewards as punishment for the company's massive fraud scandal.(image)



India isn't just growing fast, it's much more competitive

Wed, 28 Sep 2016 08:26:12 EDT

India has zoomed higher in a new ranking of global competitiveness by the World Economic Forum.(image)