Spencer Platt | Getty Images People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Net income was $6 billion in the quarter, up 33 percent from the same quarter last year. Wells Fargo is working on cutting costs. In September, it announced plans …

Technology stocks moved sharply higher Friday, after a two-day slaughter saw the technology-heavy Nasdaq Composite Index fall briefly into correction territory, down 10 percent from its recent highs. Technology Select SPDR Fund, which tracks the S&P 500 technology sector, rose 2.4 percent in premarket trading. Tech stocks were led by …

Tom Williams | CQ Roll Call | Getty Images Senate Minority Leader Charles Schumer, D-N.Y., right, and Senate Majority Leader Mitch McConnell, R-Ky. With less than a month to go until November’s midterm elections, the battles for both chambers of Congress are diverging. Republicans’ hold on their Senate majority appears …

Simona Granati | Corbis News | Getty Images ROME, ITALY – JULY 24: Minister of Economy Giovanni Tria attends a press conference. The International Monetary Fund (IMF) has one clear message for the Italian government: this is not the time to increase your spending bill. In an interview with CNBC …

Saul Loeb | AFP | Getty Images President Donald Trump meets with rapper Kanye West (R) in the Oval Office of the White House in Washington, DC, on October 11, 2018.  When rap star Kanye West met with President Trump on Thursday, he floated the idea of ditching Trump’s Air …

Leah Mills | Reuters Rudy Giuliani, attorney for U.S. President Donald Trump, arrives for the White House Sports and Fitness Day event on the South Lawn of the White House in Washington, May 30, 2018. Lawyers for President Donald Trump are preparing written responses to questions sent by special counsel …

Darren Hauck | Getty Images U.S. Senate candidate U.S. Rep. Tammy Baldwin (D-WI) celebrates her victory over Republican candidate Tommy Thompson as she enters the stage on election night on November 6, 2012 in Madison, Wisconsin.  The survey largely has good news for Democrats in Wisconsin only two years after …

Andrew Harrer | Bloomberg | Getty Images Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, June 13, 2018. President Donald Trump is on the opposite side — blaming the Fed’s rate increases …

Chesnot | Getty Images The logos of QQ Music, Kugou and Kuwo are seen on the screen of an iPhone on June 12, 2018 in Paris, France. QQ Music, Kugou and Kuwo are the three streaming Chinese music services owned by Tencent.  Tencent Music Entertainment Group will postpone its highly …

Pier Marco Tacca | Getty Images COMO, ITALY – SEPTEMBER 07: Patrick Soon-Shiong President of Nantworks attends the Ambrosetti International Economic Forum 2018 on September 7, 2018 in Como, Italy.  Billionaire philanthropist and owner of The Los Angeles Times, Patrick Soon-Shiong, is the latest luminary to drop out of speaking …