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Banking: Citigroup in talks to sell China retail-wealth unit to HSBC: Reports

Citi moves to sell unit to HSBC two years after revealing plans to focus on commercial banking.

: Ryan Cohen becomes GameStop CEO and social media reacts: ‘Changing the paradigm on Wall Street’

GameStop shares surged in pre-market trades Thursday after activist investor Ryan Cohen was named CEO

: Chico’s FAS to be taken private by Sycamore Partners in $1 billion deal, sending stock up 61%

Clothing retailer's board has approved the deal which will take the company private.

Europe Markets: Ams-OSRAM loses a quarter of market value as traders balk at $2.1 billion fundraising

Ams-OSRAM lost more than a quarter of its market value on Thursday after the heavily-indebted electronics groups set out plans to raise more than €2 billion ($2.1 billion) as it strives to bolster its balance sheet.

Banking: JPMorgan Chase to offer 6% interest rate for minimum of $5 million in high-end CD product: WSJ

Six-month certificate of deposit (CD) with 6% interest rate is being offered for a limited time to fresh money coming into the bank.

Need to Know: Fear on Wall Street? Here’s why investors need to ‘shake it off,’ say these strategists

So much gloom and fear around. Our call of the day from HSBC says the bar is low enough for a positive surprise. Here's how you invest for that.

: GameStop stock soars after Ryan Cohen named CEO

GameStop's stock surged Thursday, after the consumer electronics retailer named Ryan Cohen as it president and CEO, effective immediately.

: Bionomics’ stock rallies 103% after company reports positive results in trial of PTSD treatment

The stock of microcap Bionomics Ltd. rose 103% early Thursday, after the company reported positive results from a mid-stage trial of a treatment for PTSD.

Bond Report: Ten-year Treasury yields at fresh 16-year highs amid oil price surge

Bond yields inched up to fresh 16-year highs after rising oil prices increased inflation angst.

Financial News: How Cathie Wood’s ARK plans to crack Europe

Having attracted tens of billions of dollars from a loyal base of U.S. investors, ARK has now shifted attention on achieving similar success in the European market.

Futures Movers: Oil futures top $95 per barrel for the first time in a year

Oil futures topped $95 per barrel for the first time in a year, as traders react to dwindling inventories.

NerdWallet: Be extra vigilant about these credit card scams during the holiday season

By using artificial intelligence, scammers have made these common ripoffs more sophisticated and deceptive. Here's how to fight them this holiday season.
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