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Wells Fargo CEO apologizes for saying Black talent pool is 'very limited'

Wells Fargo CEO Charlie Scharf apologized Wednesday after saying the financial services industry has “limited” Black talent to choose from when hiring senior management, reiterating his commitment to improving diversity amid a national reckoning on racial injustice sparked by the death of George Floyd.

Market dip is expected and normal: Asset manager

Kaltbaum Capital Management President Gary Kaltbaum, Ladenburg Thalmann Asset Management CEO Phil Blancato and Bulltick Capital Markets chief strategist Kathryn Rooney Vera provide insight into today’s markets.

Gold price flushes below $1,900

Gold prices on Wednesday fell below $1,900 an ounce for the first time in nearly two months amid continued strength in the U.S. dollar.