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56% of Americans can’t cover a $1,000 emergency expense with savings

JGI/Jamie Grill | Tetra images | Getty ImagesMost Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic.Some 56% of Americans are unable to cover an unexpected $1,000 bill with savings, according to a telephone survey of more than 1,000 adults conducted in

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Stocks making the biggest moves premarket: Bank of America, UnitedHealth, P&G and more

Check out the companies making headlines before the bell:Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the bank's overall performance was

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Bank of America earnings top estimates on release of pandemic loan loss reserves

Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019.Shannon Stapleton | ReutersBank of America on Wednesday topped analysts' estimates for profit on record asset management and investment banking fees and the release of $851 million in loan loss

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Morgan Stanley is set to report fourth-quarter earnings — here’s what the Street expects

James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019.Giulia Marchi | Bloomberg | Getty ImagesMorgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here's what Wall Street expects:Earnings: $1.91

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TikTok owner ByteDance dissolves its investment arm

TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019.Dado Ruvic | ReutersBEIJING — TikTok owner ByteDance has disbanded its investment department, a company spokesperson told CNBC on Wednesday.Following an assessment at the beginning of the year, ByteDance decided

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