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Fed’s Waller promises to tackle inflation, says mistakes of the ’70s won’t be repeated

Christopher Waller, U.S. President Donald Trump's nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020.Andrew Harrer | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller pledged Tuesday that the rate-setting group wouldn't make the

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SoFi stock falls, trading halted after fintech firm accidentally releases first-quarter report early

Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California.Justin Sullivan | Getty ImagesShares of SoFi fell sharply on Tuesday and were halted after the company accidentally released its first-quarter results early.The company said the report, which was scheduled for after market close on

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Stocks making the biggest moves midday: Peloton, Upstart, Vroom and more

A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Peloton – Shares tumbled 12% after the equipment maker disclosed it's piling up excess inventory

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A.I. lender Upstart shares plummet more than 60% after company cuts full-year revenue forecast

In this photo illustration an Upstart Holdings logo is seen on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket | Getty ImagesShares of Upstart plummeted Tuesday after the artificial intelligence lending platform cut its full-year revenue outlook, citing rising interest rates and an uncertain economy.The company had reported

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Visa’s top crypto executive Terry Angelos leaves for Softbank-backed brokerage start-up DriveWealth

Terry Angelos, Visa's global head of fintech and crypto.DriveWealthOne of Visa's top executives is leaving the payments giant for a brokerage technology start-up, CNBC has learned.Terry Angelos, Visa's global head of fintech and crypto, will take over as chief executive officer of start-up DriveWealth next week. Angelos joined Visa

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Stocks making the biggest moves in the premarket: Peloton, Novavax, Vroom and more

Take a look at some of the biggest movers in the premarket:Peloton (PTON) – Peloton shares plunged 25.8% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly loss and projected current-quarter revenue below estimates due to softening demand.Novavax (NVAX) – Novavax sank 23% in premarket trading

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ET Awards for Corporate Excellence 2021: Has IBC been a boon or a bane?

In a panel discussion moderated by Arijit Barman at ET Awards for Corporate Excellence 2021, Dinesh Kumar Khara, Chairman, State Bank of India; Zarin Daruwala, CEO, Standard Chartered Bank, India; Ajay Piramal, Chairman, Piramal Group; Sanjiv Mehta, Managing Director, Hindustan Unilever and Sajjan Jindal, Chairman, JSW Group discuss the

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