CFPB announces rule limiting bank overdraft fees; trade group sues in response

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting...

Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Flushing Bank in New York City.Google EarthFlushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million to shore up its capital, CNBC has learned.The bank’s CEO, John Buran, has told potential investors that he intends to...

Stocks making the biggest moves midday: ServiceTitan, Adobe, Warner Bros. Discovery, Riot Platforms and more

Check out the companies making headlines in midday trading: Adobe — The software company tumbled more than 12% after it announced lighter-than-expected revenue estimates for the fiscal first quarter. Adobe guided for revenue between $5.63 billion and $5.68 billion in...

Trump says he’s not going to make any stock market predictions in case there’s a ‘dip’

After ringing the opening bell at the New York Stock Exchange on Thursday, President-elect Donald Trump stopped short of telling investors to buy more stock as he gets set to take office.”I don’t want to get into a situation where they do and we have a dip...

Stocks making the biggest moves premarket: Uber, Celsius Holdings, Adobe, Chewy and more

Check out the companies making headlines before the bell. Constellation Energy — The energy stock added 2% following an upgrade to buy from neutral at Bank of America. Analyst Ross Fowler said that the company was in the best position to benefit from upcoming...