Hamza Shaban

Charlie Scharf apologized in a memo to the entire company “for making an insensitive comment reflecting my own unconscious bias.”

Financials fell sharply after an explosive report alleging that several major banks knowingly facilitated suspicious transactions.

The WHO reported than 307,000 new coronavirus cases around the globe on Sunday, the highest one-day total since the pandemic began.

It’s the fourth large hiring drive announced by the Seattle-based retail giant this year, adding up to 308,000 jobs.

Many of the benefits created in the Cares Act passed by Congress in March have expired, and about 29 million Americans drew jobless aid last week, according to Labor Department data.

Amid the fallout from a forthcoming book by The Washington Post’s Bob Woodward, President Trump said he intentionally played down the deadly nature of the coronavirus last winter to avoid a “frenzy.”

Schools are still battling over whether to let students return to classrooms.

A three-day pummeling that slashed 10 percent off the Nasdaq comes to at least a temporary halt as U.S. stocks post big gains.

The automaker’s shares plunge 21.1 percent after the Standard & Poor’s 500 bypasses it but adds Etsy, Teradyne and Catalent to the index.

Investors slammed the brakes on a record-shattering run that repeatedly lifted the Standard & Poor’s 500 and Nasdaq composite to new heights and pulled the Dow Jones industrial average within reach of its own record high. All three indexes shed at least 2.8 percent, dragged down by Apple, Microsoft, Amazon and other technology stocks.