James Park Mark Neuling | CNBC On Tuesday’s earnings call, Apple CEO Tim Cook commended his company for sticking with wearables “when others perhaps didn’t.” A day later, Fitbit CEO James Park struck a very different tone, telling investors in a press release that “we are disappointed to lower guidance …

Sen. Kamala Harris Elijah Nouvelage | Reuters Student debt has become a central issue in the 2020 presidential campaign. First, Sen. Elizabeth Warren, D-Mass., proposed canceling $640 billion of it. Then Sen. Bernie Sanders, I-Vt., said he’d erase all $1.6 trillion of it. Now Sen. Kamala Harris, D-Calif., has released …

Investors, economists and politicians alike will turn their attention to the Federal Reserve on Wednesday for what many suspect will mark the central bank’s first interest rate cut since the depths of the 2008 financial crisis. And while Wall Street insiders spar over their myriad readings of the monetary tea …

Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey is on a winning streak this year, but unlike some Silicon Valley CEOs, you probably won’t …

Stock buybacks have gotten a bad name in many precincts over the past few years, decried as unproductive “financial engineering” that detracts from corporate investment in growth. But Apple’s aggressive use of its copious cash resources to repurchase its shares at modest valuations in recent years has shown the power …

A container ship moored at the Piraeus Container Terminal in Greece on June 6, 2016. Alkis Konstantinidis | Reuters While investors look for clues about the health of the global economy, a research and analytics unit under S&P Global said a “hidden” segment of debtors is flashing early signs of …

Michael Nagle/Bloomberg | Getty Images A software engineer could be the lone wolf actor at the heart of Capital One’s recent data breach. The FBI arrested Paige Thompson, age 33, on Monday, after an investigation led federal authorities to believe she is responsible for the theft of over 100 million …

Traders work on the floor of the New York Stock Exchange (NYSE) on February 6, 2018 in New York City. Spencer Platt | Getty Images News | Getty Images The Federal Reserve is expected to cut rates this week for the first time since 2008, potentially giving investors the green …

Pfizer signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Tucked behind the mega-pharmaceutical deal between Pfizer and Mylan is weakness in Pfizer’s earnings, according to Morgan Stanley. The firm downgraded Pfizer to equal-weight from overweight and …

The old investing mantra “don’t fight the Fed” stands the test of time for a reason. Going back to 1982, the average annualized return for the S&P 500 between the first rate cut and the next hike has been 20%, while the median increase has been 13%, according to Strategas. …